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Tag : Enforcement Of Third-party Insurance Covers: Addressing compensation for Hit-and-run victims

Opinion

Enforcement Of Third-party Insurance Covers: Addressing compensation for Hit-and-run victims

Peter Anayo
ADE ADESOKAN   Regulatory bodies are strengthening enforcement of mandatory third-party insurance policies to better protect hit-and-run victims seeking compensation. Despite legal requirements, compliance remains inconsistent, leaving many accident victims without financial recourse during recovery. The compensation system faces challenges including lengthy claim processes, documentation hurdles, and public unawareness of......