Motor insurer dangles lifetime NCD protection

Singapore

SINGAPORE'S newest insurer, FWD, is grabbing attention in the competitive motor insurance market with the novel offer of lifetime protection of NCD or no-claim discount - at no charge.

Direct online insurer FWD Singapore, part of Hong Kong tycoon Richard Li's Pacific Century Group, promises to protect a driver's 50 per cent NCD, even if they have multiple accidents and/or claims in a year.