Bank Negara Malaysia (BNM) has clarified that motorists who are not at fault in an accident may claim from their own insurance under the Own Damage Knock-For-Knock (ODKFK) policy without risking their No Claim Discount (NCD). Speaking on a BFM podcast, Lailatul Akma, Deputy Director of Bank Negara Malaysia’s Consumer & Market Conduct Department, outlined … Continue reading Bank Negara: Motorists Found Not At Fault In Accidents Can Claim Own Insurance Without Losing Their NCD