no-claims bonus
noun /ˌnəʊ ˈkleɪmz bəʊnəs/
/ˌnəʊ ˈkleɪmz bəʊnəs/
(also no-claim bonus, no-claim(s) discount)
(all British English)- a reduction in the cost of your insurance because you made no claims in the previous year
- a five-year no-claims bonus
- to lose your no-claims bonus
Wordfinder- actuary
- annuity
- cover
- excess
- insurance
- no-claims bonus
- policy
- premium
- risk
- underwrite