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Nov 30, 2018 10:51
5 yrs ago
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English term

no claim bonus condition

English to Russian Tech/Engineering Insurance
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).

Proposed translations

7 mins

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. https://www.policybazaar.com/motor-insurance/car-insurance/a...
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 https://economy_en_ru.academic.ru/43530/no_claims_bonus
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