The No Claim Discount (NCD) is a reward scheme
received by motor policy holders for not making a claim during the preceding 12
How much of No Claim Discount (NCD)
am I entitled to?
Consumers are eligible for NCD
ranging from 0% to 55% of the premium payable depending on the type of vehicle,
coverage and number of years claim not intimated. For a private car, the scale
of NCD ranges from 0% to 55% as provided in the policy/certificate whereas for
motorcycles and commercial vehicles, it ranges from 0% to 25%.
Malaysia Car Info
out the current insurer for your vehicle, type of coverage, policy period and
policy number by entering your details
One of the reasons we at ACPG Management Sdn Bhd, are one of the top Property and Casualty Insurance Agency in the Kuala Lumpur Malaysia market, is due to the quality and variety of insurance solution and consultancy services we provide. Be it automotive insurance, fire insurance, all others type classes of life and general insurance, consequential loss insurance, insurance of precious possessions or what have you, you can rest assured that we provide nothing less than what are stated below, which makes us an insurance agency that is truly "Almost with No Comparison”, and we do not make such claims lightly.
With 29 years since year 1989 in the insurance Malaysia market we can
Give our Expert Opinion On Your Risks.
How To Handle The Risks.
Provide The Best Insurance Solutions.
Provide Competitive Premium.
Handle Insurance Claims With Comprehensive Homework.
Work Closely with Insurance Adjusters, Insurer Claim Officers and Policy Holders.
By its very nature, a claim is made at a difficult and stressful time. You may need to make a claim because you have been burgled, there has been a fire or flood or worse and your business may be forced to stop operating. In such a situation, you need a settlement and fast.
Most insurance companies are well aware of this and if you are making a claim directly to an insurance company or through an unqualified agent and without any professional help, you may find the small print in your policy is not what you expected or the settlement amount is not enough.
When you have to make a claim, the insurance company will send out a loss adjustor to assess the damage. It is important to understand that the loss adjustor works for the Insurance company and not you so they will put the interests of the insurance company first.
If you are one of our clients, we will represent your interests when the loss adjustor visits the scene and in any discussions or negotiations to ensure you get the best possible settlement.
If you would like to meet for an informal consultation about your insurance needs and how we can place your coverage at exceptional rates, please do not hesitate to contact us.
Risk is when there's an uncertainty about whether an event will or will not occur. Thus, risk management is the process of identifying exposures to risk, choosing the best method for handling each exposure and implementing it.
Insurance refers to a contract that reduces risk of loss and requires one party to pay a specified sum to another if a previously identified event occurs. Thus, insurance planning is the process of handling and safeguarding against future risk of loss and ensuring sufficient compensation is provided.
Risk Management Technique
When it comes to risk management, there are 4 basic methods :
To avoid engaging in an activity or owning property that might lead to an exposure of risk.
To recognize risk and accept it as part of its activities.
To transfer risk to another party.
To take steps to reduce the uncertainty of loss.
ACPG MANAGEMENT SDN BHD Your Trusted Malaysia Risk Management Insurance Advisory Provider since year 1989.