Monday, 17 September 2012

Insurance Law


Nigeria: What Benefits Does a Holder of Third Party Auto Insurance Derive?


By Mohammed Shosanya and Chris Agabi
Lagos — Olubayo Onibanjo, a budding executive in a blue chip company based in Lagos, is a lover of sleek brand new cars. He therefore left no one in doubt when he emptied his account to acquire one of the latest brands of Toyota in fulfilment of his desire to cruise round the city with his dream automobile.He tells anyone that cares that the Toyota is his princely jewel and has upgraded his status among his contemporaries.But Olubayo would not want to take chances especially against the hurly-burly nature of Lagos city so he decided to undertake a third party auto insurance policy in a Lagos insurance company on the advice of his friend.
Source:http://allafrica.com
Posted by Amaka,17 September 2012

No comments:

Post a Comment