The NCD is a type of incentive where owners who do not claim any insurance are given discounts for future insurance premiums which starts from zero up to 55%.

He said "With the use of the online system, users can check their NCD status on their own, acknowledge their status faster without depending on the insurer. If there was any dispute on the NCD level in the database, consumers must contact their insurer or takaful operator and ensure that they update the information to the central database. ISM will continue to develop and promote initiatives that would enhance transparency for insurance and takaful transactions in line with its vision for a competitive, efficient and stable insurance and takaful industry.”