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NAICOM To Enforce N1,000 Compulsory Insurance On Motorbike Operators
The National Insurance Commission is set to begin the enforcement of third party insurance on owners/operators of motorcycles nationwide under the Insurance Act. NAICOM also stated that N1,000 would be paid as an annual premium by each motorcycle operator to secure the compulsory insurance cover. The commission said, in a circular obtained by our correspondent on Friday, “All insurance operators …
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