Page 140 - Motor Insurance Ebook IC 72

The Insurance Times

attached to the vehicle whilst the motor vehicle is in
a public place or; is temporarily garaged during the
course of a journey.

(ii) Motor Trade Internal Risk Policy - this Policy
offers cover against loss or damage to the vehicle
or liability arising out of an event occurring on the
insured's business premises.

Q 3. Write a short note on Motor Trade Certificate.
Ans. Motor Traders like dealers of vehicles or those engaged

in overhaul or repair of motor vehicles have to
demonstrate the vehicles to prospective clients by giving
a trial run. To enable them to do so, the transport
authorities allow them number plates which are known
as Trade Certificates.

The Trade Certificate can be temporarily attached
to the vehicle being taken out on the public road for
trial runs. Normally, Trade Certificates are used
in case of brand new vehicles which are unregistered.
Alternatively, these plates are allotted the names of
the drivers who will be demonstrating the vehicles.
Such named driver plates are normally used for
driving second hand registered vehicles.

A Motor Trader is also exposed to legal liability for

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