5 Things You Should Know About Travel NCD

HL Assurance is offering the only travel insurance in Singapore that gives you the chance to receive a No Claim Discount (NCD) on your premiums.

If you find that you rarely make claims on your travel insurance, you’re in a great position to benefit from cheap travel insurance premiums thanks to the NCD.

Here are five things you should know about HL Assurance’s Travel NCD, one of the best travel insurance promotions in Singapore.

 

1) You need to sign up for a travel insurance plan by 30 Jan 2020 to get a chance to enjoy a NCD

In order to be enrolled in the TravelProtect360 No Claim Discount programme and receive a NCD on future insurance premiums, you need to sign up for HL Assurance Travel Protect360 Single Trip or Travel Protect360 Annual Trip travel insurance policy between 30 January 2020, 12 pm and 31 January 2019, 12 pm.

If you purchase your travel insurance during this period, you will automatically be eligible to receive Travel NCD if you do not make any claims within 30 days from the end of your trip.

The NCD will be sent to you in the form of a discount promo code, which you can then use the next time you purchase or renew a travel insurance policy from HL Assurance.

 

2) Your NCD rises if you complete at least two trips without making a claim

Single trip travel insurance policyholders receive a 5% NCD after the completion of a claim-free trip. You can use the 5% discount code on the next trip you book travel insurance for.

If you do not make a claim on this second trip, either, you will then receive a discount promo code for a 10% NCD, to be used on your next trip.

For as long as you manage to avoid making claims, you will receive 10% NCD discount coupons for each subsequent trip.

 

3) You can get enjoy NCDs for both single trip and annual travel insurance

The Travel Protect360 No Claim Discount programme is open to single trip as well as annual travel insurance customers.

As explained earlier, single trip customers get to enjoy a 5% NCD after one trip without making a claim, with the NCD rising to 10% after a second claim-free trip.

For annual travel insurance customers, you get to enjoy 10% off your premiums when you renew your travel insurance at the end of a claim-free year. This means you get to enjoy cheap travel insurance premiums for an entire year.

 

4) You can enjoy NCD on many subsequent trips

Your NCD does not stop after one, two or three trips! As a single-trip policyholder, you will be eligible for future NCD discount promos so long as you do not make a claim. That means that if you manage to take five trips without making a single travel insurance claim, you could receive an NCD on all these trips.

And if you are a frequent traveller who has opted for annual travel insurance, you’ll be able to enjoy NCD on an entire year’s worth of travel insurance when you renew your policy.

 

5) You get to save up to 10% on our travel insurance premiums

The maximum NCD you can enjoy on both single-trip and annual travel insurance premiums is 10%.

In addition to your NCD, you are also eligible to enjoy any other travel insurance promotions offered by HL Assurance at the time of purchase.

Sign up for HL Assurance travel insurance by 31 Jan 2020, 12pm to enjoy a No Claim Discount on your subsequent travel insurance purchases! For more travel insurance promotions and to compare travel insurance plans, check out HL Assurance’s website.