The reason for issuing certificate of motor insurance is ...
The reason for issuing certificate of motor insurance is that, it is
required by law for all motor policy holders
a general practice world wide
a support to policy document
a replacement for the policy
Correct answer is A
Of all the documentation issued by motor insurers, the Certificate of Motor Insurance stands alone as the most important document. Its primary purpose is to provide evidence that at least the minimum level of insurance cover required by the Road Traffic Act is in place on a given vehicle.
The body that regulates the activities of insurance market in Nigeria ...
A method of providing indemnity under glass insurance policy is? ...
The financial interest of the insured in an insurance policy is the ...
The part of a policy that describes the event that led to a loss is ...
one of the steps taken by an insurer in claim settlement is to? ...
claims paid by insurers in the event of loss is irrecoverable when the? ...
A factor to be considered before a proposal for endowment assurance is accepted is the proposer'...