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Definition of no-claims bonus noun from the Oxford Advanced Learner's Dictionary

no-claims bonus

noun

/ˌnəʊ ˈkleɪmz bəʊnəs/

/ˌnəʊ ˈkleɪmz bəʊnəs/

(also no-claim bonus, no-claim(s) discount)

(all British English)

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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
Wordfinder
- actuary
- annuity
- cover
- excess
- insurance
- no-claims bonus
- policy
- premium
- risk
- underwrite
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Nearby words

noun

From the Word list

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