no-claims bonusnoun [ C ]
uk/ˌnəʊ.kleɪmz ˈbəʊ.nəs/us/ˌnoʊ.kleɪmz ˈboʊ.nəs/also no-claims discount UKan amount by which someone's payment for insurance is reduced, especially for a motor vehicle, because they have not made any claims for a particular period
Thesaurus: synonyms and related words
Insurance
- actuarial
- assessor
- assure
- bancassurance
- claim
- coverage
- deductible
- endowment policy
- excess
- green card
- guarantee
- indemnify
- insurance
- insure
- insured
- insurer
- policy
- premium
- the GISC
- uninsured
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