The reason for issuing certificate of motor insurance is that , it is

Assessment: WAEC SSCE - Insurance - 2017 (Objective) Subject: Insurance

Question 1 Report

The reason for issuing certificate of motor insurance is that , it is

Answer Details
The reason for issuing a certificate of motor insurance is that it is required by law for all motor policy holders. This certificate serves as proof that the driver has valid insurance coverage for their vehicle, which is a legal requirement in most countries. The certificate provides important information about the insurance policy, including the policyholder's name, the insured vehicle, the policy period, and the type and level of coverage provided. It is not a replacement for the policy itself, but rather a support document that accompanies the policy. This requirement is a general practice worldwide, aimed at ensuring that all drivers have a minimum level of insurance coverage to protect themselves and others on the road.

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