... encourage safe driving. Different insurers may adopt different scales of NCD. A typical scale of NCD for private cars is such that one claim-free year earns a 20% NCD, the second year 30% and so on, rising to a maximum of 60% after five consecutive claim-free years. With other classes of vehicles, the scale...

... 20% NCD, the second year 30% and so on, rising to a maximum of 60% after five consecutive claim-free years. With other classes of vehicles, the scale of discount is very likely to start from 10%, rising to a maximum of 30% after three consecutive claim-free years. Some features to note about the no...

..., not entirely free from regulatory concern. 60. If the person making the referral is not a licensed insurance intermediary, then it is vital that the person does not carry on any regulated activities. Carrying on regulated activities without a license (and assuming an exemption does not apply) is an...

... of a specialist nature, the level of the person’s experience and the relevance of the person’s qualifications. G. General Principle 5 – Disclosure of Information Feedback received 60. In relation to General Principle 5, feedback was received on three main issues. 61. Primarily, responses were...

..., not entirely free from regulatory concern. 60. If the person making the referral is not a licensed insurance intermediary, then it is vital that the person does not carry on any regulated activities. Carrying on regulated activities without a license (and assuming an exemption does not apply) is an...

... of a specialist nature, the level of the person’s experience and the relevance of the person’s qualifications. G. General Principle 5 – Disclosure of Information Feedback received 60. In relation to General Principle 5, feedback was received on three main issues. 61. Primarily, responses were...

... Insurance Intermediaries Quality Assurance Scheme Principles and Practice of Insurance Examination Study Notes 2013 Edition PREFACE These Study Notes have been prepared to correspond with the various Chapters in the Syllabus for the Principles and Practice of Insurance Examination. The Examination...

... Insurance Intermediaries Quality Assurance Scheme - Principles and Practice of Insurance Examination (2013 Edition) Insurance Intermediaries Quality Assurance Scheme Principles and Practice of Insurance Examination Study Notes 2013 Edition i PREFACE These Study Notes have been prepared to correspon...

... P&P Study Notes Insurance Intermediaries Quality Assurance Scheme Principles and Practice of Insurance Examination Study Notes 2017 Edition i PREFACE These Study Notes have been prepared to correspond with the various Chapters in the Syllabus for the Principles and Practice of Insurance Examination...

... Insurance Intermediaries Quality Assurance Scheme Principles and Practice of Insurance Examination Study Notes 2017 Edition 1 Study Notes for Principles and Practice of Insurance Examination Update Renaming of The Insurance Claims Complaints Bureau The Insurance Claims Complaints Bureau (‘ICCB’) ha...