In Nigeria, third-party insurance is compulsory under the Motor Vehicle (Third Party) Insurance Act of 1950. It is one of the six classes of insurance made compulsory under the laws of the Federal Republic of Nigeria
It is also important to note that all aspects as relating to third-party accidents are covered as well as what different policy parameters mean. This will help you understand the limits of your coverage and ensure a smooth claims process.
Liability Insurance is a part of general insurance that provides an insured with protection against negligence for accidental loss or damage to property or bodily injury (including death) to a person.