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no claims bonus
The term bonus–malus (Latin for 'good-bad') is used for a number of business arrangements which alternately reward (bonus) or penalize (malus).
It is used, for example, in the call center and insurance industries.
Hi just a question before my mgs5 arrives regarding insurance. I am leasing the car but want to insure it in my wife's name and me as a named driver. She has max no claims bonus in her name and as I had a company van until I retired my no claims expired. So can I lease in my name and insure in...
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