Insurers, FRSC partner on insurance enforcement
The Nigerian Insurers Association (NIA) and the Federal Road Safety Commission (FRSC) have announced a partnership to enforce the compulsory third party motor vehicle insurance policy across the country.
The third motor vehicle insurance ensures that crash victims have adequate and prompt medical attention, and owners of damaged properties resulting from insured motor crashes are also compensated.
Mr. Osita Chidoka, Corps Marshal of the FRSC, pledged the commitment of his agency to the partnership during the official presentation of some units of HP Elite Pad 900 by Nigerian Insurers Association (NIA) to the FRSC to assist it in its verification of genuine insurance documents of motorists on Nigerian roads. A statement from the NIA quoted Chidoka: The commission is working out collaboration with relevant agencies and stakeholders, including the Nigerian insurance industry, through a technology platform that would promote right attitude of motorists and ensure safety and protection of road users.
“We have one solution that has multiple facets that would assist in guaranteeing safety of road users and motorist, and one of it is the new vehicle plate number which when concluded will help several agencies key in to make the roads safer and secure for the Nigerian people. “Insurance industry in Nigeria has come of age because they have become more responsive to their obligations, so medical bills of crash victims should no longer be an issue, while crash vehicles also will no longer be abandoned on the roads, because insurance companies will pick the bill once the insurance is established.
“A situation where hospitals or doctors reject crash victims or deny them treatment is over because the insurance companies will pay.”
The corps marshal, however, warned the insurance companies against refusing to pay claims to victims of accident, saying, their refusal would lead them to face the law.