AXA Mansard Insurance Plc has urged vehicle owners and motorists across Nigeria to ensure they obtain only genuine Third-Party Motor Insurance policies as the nationwide enforcement of the policy by the Nigeria Police Force (NPF) takes effect.
The NPF recently announced that effective February 1, 2025, it will commence a nationwide enforcement of the Third-Party Motor Insurance Policy. The initiative, which aligns with the provisions of Section 68 of the Insurance Act 2003 has been welcomed by NAICOM and the NIA respectively, noting that it is a significant step towards strengthening compliance, ensuring road safety, and protecting motorists and third parties on Nigerian roads.