no-claims bonus
noun/ˌnəʊ ˈkleɪmz bəʊnəs/
/ˌnəʊ ˈkleɪmz bəʊnəs/
(also no-claim bonus, no-claim(s) discount)
(all British English)- a reduction in the cost of your insurance because you made no claims in the previous year
- a five-year no-claims bonus
- to lose your no-claims bonus
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no-claims bonus