Page 390 - IC38 GENERAL INSURANCE
P. 390

Test Yourself 3
Motor insurance should be taken in whose name?
I. In the name of the vehicle owner whose name is registered with Regional

    Transport Authority
II. If the person who will be driving the vehicle is different from the owner,

    then in the name of the person who will be driving the vehicle, subject to
    approval from Regional Transport Authority
III. In the name of any family member of the vehicle owner, including the
    vehicle owner, subject to approval from the Regional Transport Authority
IV. If the person who will be driving the vehicle is different from the owner,
    then primary policy should be in the name of the vehicle owner and add-on
    cover in the name of the person who will be driving the vehicle.

                                                   384
   385   386   387   388   389   390   391   392   393   394   395