If you have had the sole personal use of a company car (e.g. have had a car reserved for your own use both for work and for pleasure purposes) but have lost it due to retirement, change in position or due to changes in taxation laws, you will be allowed NCD in accordance with the number of claim free years immediately preceding the start date.
A no claim discount (NCD), sometimes called a no claims bonus, is a car insurance discount recognised by most insurance companies. It is based on the number of consecutive years during which you made no claim on your policy. Your most recent renewal notice will indicate how many NCD years you’ve earned.
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