俊銘保險 WELLSMART INSURANCE


	In the event of no claim being made or arising under the Policy during any of the periods of insurance specified below, the next renewal premium shall be reduced by the Discount specified hereunder

Period of Insurance	The Discount (on renewal premium)
One year	20% NCD
2 consecutive years	30% NCD
3 consecutive years	40% NCD
4 consecutive years	50% NCD
5 or more consecutive years	60% NCD

If a claim has been made or has arisen under the Policy during a period of insurance of which the Discount is 40% or less, the Discount shall be forfeited.
If a single claim has been made or has arisen under the Policy during a period of insurance of which the Discount is 50% or 60%, the said Discount shall be reduced at the next renewal to 20% or 30% respectively, but if more than one claim has been made or has arisen, the Discount shall be forfeited.

For the avoidance of doubt, any claim made under any part of the Policy during a period of insurance shall result in cancellation or reduction of the Discount pursuant to (a) above notwithstanding any assertion or allegation that the Insured and/or the person claiming to be indemnified is not to be blamed for or has not contributed to the occurrence of the Event resulting in the claim under the Policy.


	In the event of no claim being made or arising under the Policy during any of the periods of insurance specified below, the next renewal premium shall be reduced by the Discount specified hereunder:

Period of Insurance	The Discount
One year	10% NCD
2 consecutive years	20% NCD
3 or more consecutive years	30% NCD

For the avoidance of doubt, any claim made under any part of the Policy during a period of insurance shall result in cancellation of the Discount specified above notwithstanding any assertion or allegation that the Insured and/or the person claiming to be indemnified is not to be blamed for or has not contributed to the occurrence of the Event resulting in the claim under the Policy.