Glossary


G

Guaranteed No Claims Bonus For Life

Once you have our Guaranteed No Claims Bonus For Life, you can never lose it, even if you have an accident. This means that your premiums will never go up as a result of a claim.

To qualify for Guaranteed No Claims Bonus For Life, you need to have had no accidents in the last five years in which you were at fault, and you also need to have held a restricted or full NZ driver's license (or equivalent overseas licence) for the last five years.

Use our Guaranteed No Claims Bonus For Life calculator to find out if you qualify!