Withdraw NCB  

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 Rumi
(@rumi)
Active Member
Joined: 2 years ago
Posts: 6
10/08/2017 1:21 pm  

Just wondering what is the benefit to withdraw NCB. What does it mean?


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(@myeliteagency)
Trusted Member Agent
Joined: 2 years ago
Posts: 58
10/08/2017 6:08 pm  

Hi Rumi, 

If you sell your car, cancel insurance and you have refund and transfer your NCD to new car so that your new car get discount NCD. 

If you do not sell old car just buy a new car, withdraw NCD to new car will save your premium. 

However, it depends on whether you are buying a car worth more than old car or not. So it will see if it's worth to transfer NCD from old car to new car.

Hope it helps! 

Adeline

WhatsApp to 012-4731894 for free quote of car insurance. 


Rini liked
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(@muhammadyazed)
Trusted Member Agent
Joined: 2 years ago
Posts: 93
10/08/2017 7:10 pm  
Posted by: Rumi

Just wondering what is the benefit to withdraw NCB. What does it mean?

NCB is a discount for your car insurance premium.

No NCB, no discount for your car insurance.

🙂

Muhammad
VMC Membership Takaful Advisor
http://vmcvip.wasap.my/


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(@sze00)
Active Member
Joined: 2 years ago
Posts: 13
12/08/2017 11:14 am  

Take NCD with high % out to move it to new car expensive car with 0% to save more on premium. I did that before 😉

Coffee is life.


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 Rumi
(@rumi)
Active Member
Joined: 2 years ago
Posts: 6
13/08/2017 8:00 pm  

Oo understand now. Didn;t know bout this at all before this.


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(@muhammadyazed)
Trusted Member Agent
Joined: 2 years ago
Posts: 93
13/08/2017 9:37 pm  

yoi should know the value of NCB is based on vehicle age.

Muhammad
VMC Membership Takaful Advisor
http://vmcvip.wasap.my/


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