no claim bonus condition

10:51 Nov 30, 2018
This question was closed without grading. Reason: Other

English to Russian translations [PRO]
Tech/Engineering - Insurance
English term or phrase: no claim bonus condition
It is hereby noted and agreed that the No Claim Bonus condition in respect of vessel PVT Sea Lion of the above Account References (Endorsement 007 to Reinsurance Slip # 797/CHG-17 dated 06 August 2018) shall be set-off against the premium in respect of the above Account Reference (Reinsurance Slip # 829/CHG-17).
Russian Federation
Local time: 14:45

Summary of answers provided
4условие бонуса за безаварийность
Vladyslav Golovaty



7 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
условие бонуса за безаварийность

No claim bonus (NCB) is a discount, given by an insurer to a policyholder for making no claims during the policy term.
бонус за безаварийность (вознаграждение, обычно в форме скидки со страховых премий, предоставляемое владельцам страховых полисов при возобновлении страхования, если в течение предыдущего периода страхования, обычно года, владелец полиса не предъявлял страховых требований

Vladyslav Golovaty
Local time: 14:45
Native speaker of: Native in EnglishEnglish
PRO pts in category: 20
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