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 principle of utmost good faith allows the insured ...
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Marine cargo insurance indemnifies the insured for a loss of? ...
A factor to be considered before a proposal for endowment assurance is accepted is the proposer'...
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Life policies can be used as a collateral for loan when the policy has? ...