Insurance WAEC

The minimum cover for motorists in Nigeria is?

A. ”Act” only
B. third party only
C. fire and theft
D. comprehensive insurance

Correct Answer: Option B

B. third party only

Explanation

The minimum amount of auto insurance in Nigeria that motorists must carry is third party motor insurance. Know the Terminology In the auto insurance world, a third party is defined as everyone involved in an accident except the policyholder.

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