Third-Party Motor Insurance: Your Key to Legal Compliance and Peace of Mind

In Nigeria, owning or using a motor vehicle comes with responsibilities, and one of the most important is securing Third-Party Motor Insurance. This type of insurance is not just a legal requirement; it’s your safeguard against unforeseen liabilities on the road. Let’s explore why Third-Party Motor Insurance is essential and how it benefits you.

What Does Third-Party Motor Insurance Cover?

Third-Party Motor Insurance provides crucial coverage for:

1. Death or Bodily Injuries to Third Parties:
   • If an accident occurs and results in injury or loss of life to another person, this policy ensures that their medical expenses and other associated costs are covered. Notably, the coverage for bodily injuries is unlimited, offering comprehensive protection.
2. Damage to Third-Party Property:
   • Accidents can lead to damage to other people’s vehicles or property. With Third-Party Motor Insurance, you’re covered for up to ₦3,000,000 in property damage claims.

Why Is It Compulsory?

Under Nigerian law, Third-Party Motor Insurance is one of the compulsory classes of insurance for all motor vehicle owners or users operating on public highways. Failure to comply with this legal requirement can result in penalties, fines, or even the impounding of your vehicle.

By securing this insurance, you not only stay compliant but also protect yourself from potentially devastating financial liabilities.

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Affordable Pricing for Every Vehicle Type

Universal Insurance Plc offers Third-Party Motor Insurance at competitive rates tailored to various vehicle categories:

• Private Motor: ₦15,000
• Commercial Bus/Own Goods/Staff Bus: ₦20,000
• Motor Bikes: ₦3,000
• Tricycles: ₦5,000
• Trucks: ₦100,000

These affordable premiums ensure that you get comprehensive coverage without breaking the bank.

Benefits of Third-Party Motor Insurance

1. Legal Compliance: Avoid penalties and stay within the boundaries of the law.
2. Peace of Mind: Drive confidently knowing that unexpected liabilities are covered.
3. Financial Protection: Avoid out-of-pocket expenses for third-party injuries or property damage.

How to Get Covered

Securing your Third-Party Motor Insurance is quick and easy! Simply:

• Generate Policy – Do It Yourself
• Contact An Agent to Guide You or Get It Done!

Our team is ready to guide you through the process and ensure you’re fully covered.

Don’t Wait – Act Now!

Accidents can happen when you least expect them. Ensure legal compliance, protect yourself from financial risks, and drive with peace of mind. Get your Third-Party Motor Insurance today and enjoy the confidence that comes with being protected.

Universal Insurance Plc – Securing Your Journey, Every Step of the Way!