NCD matter

[Wishxsr]

Hi all bro,

 

Im going overseas posting and intend to sell my car to my brother who never own a car before, but he got his license for 11 years.

 

My question is, he untitle for any NCD? can my ncd transfer to him?

[Slayerblah]

if i am not wrong ncd only follow the name car owner insurance..n it can only be transfer between husband n wife

[Steptronic]

Wife and legal partners - Yes. I have heard of Son / daughters case too. But, never heard about brothers.

 

By the way, is he a named driver in your insurance? if not, it is difficult even for wives.

[Maroon5]

i hv never heard of transfer of NCD even bet spouses so my initial response is no chance.

any experts like to confirm?

[Kazuo]

Father to Son is possible, for NTUC.

At least few years ago, not sure about the terms and conditions.

[Ralliart_ray]

sorry to bump this topic, so FATHER - SON (NCD) cant be transfer?, i have been the named driver all along and NCD built up to 40% liao   

[KoreanLover]

sorry to bump this topic, so FATHER - SON (NCD) cant be transfer?, i have been the named driver all along and NCD built up to 40% liao 

 

I HEARD last time can.. now cannot liao.. Spoken to a few insurers but they don't allow.

[Axela72]

Noob question:

my next NCD will be 50%, if i renew my insurance on Jun.

 

However as i change insurance on Feb due to change new car, my ncd is currently at 40%. By Jun, will my NCD become 50%? Ty

[KoreanLover]

Noob question:

my next NCD will be 50%, if i renew my insurance on Jun.

 

However as i change insurance on Feb due to change new car, my ncd is currently at 40%. By Jun, will my NCD become 50%? Ty

 

I don't think so. Insurer will only award you with the extra 10% if you stay with them continuously for a year. 

[Acemundo]

sorry to bump this topic, so FATHER - SON (NCD) cant be transfer?, i have been the named driver all along and NCD built up to 40% liao 

isn't it better to go direct and ask the insurer rather than ask the forum here?

 

what I know is different insurers have got slightly different practices with regards to this.  that's why last time when I did such transfer, the first thing I did is call up the insurer to ask directly.

[KoreanLover]

isn't it better to go direct and ask the insurer rather than ask the forum here?

 

what I know is different insurers have got slightly different practices with regards to this.  that's why last time when I did such transfer, the first thing I did is call up the insurer to ask directly.

 

Yes agreed.

 

5 out of 5 insurer rejected me doesn't mean others have 0%. Always worth to check again 

[Acemundo]

Yes agreed.

 

5 out of 5 insurer rejected me doesn't mean others have 0%. Always worth to check again 

 

I am just thinking most of us each only have 1 insurer and therefore not very time efficient to ask about insurer practices (which numbers so many given the number of insurers in this industry) when a 1-minute call to the particular insurer could settle it and without lingering doubts, for the forum-er asking the question.

 

but of course, maybe you could have called 5 insurers because you are at the strategisation stage of deciding which insurer's policy to take up.  hence my previous para comments is not directed at you...

[Hiton]

Father to son yes. Brother to brother, not sure. Just call a few coy to ask lor

[Vratenza]

Noob question:

my next NCD will be 50%, if i renew my insurance on Jun.

 

However as i change insurance on Feb due to change new car, my ncd is currently at 40%. By Jun, will my NCD become 50%? Ty

 

I think last time i checked with the insurers on similar question, the answer is if you change insurer then you will remain at 40% from start of your new policy counting.

 

Safest bet is to liaise with your current insurer and obtain your new car insurance from them. I think that is the only way you can clock your NCD from where you left off.

[Jtb]

Start from 0

[Deividz]

You can buy the car under your name and put him as a named driver.

Then you can utilise the ncd.

 

[Ralliart_ray]

isn't it better to go direct and ask the insurer rather than ask the forum here?

 

what I know is different insurers have got slightly different practices with regards to this.  that's why last time when I did such transfer, the first thing I did is call up the insurer to ask directly.

 

I did that in parallel. Both asking in forum & asking the insurer. First try by my agent, got rejected. then I appeal with a letter to insurer directly via agent. Successful! Done, so Father to Son is possible!

Edited April 13, 2016 by Ralliart_ray

[Darryn]

if i am not wrong ncd only follow the name car owner insurance..n it can only be transfer between husband n wife

this is correct

 

Transferring between husband and wife depends on company though - I wasn't allowed to