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Insurance firms short-changing Nigerian travellers, says Boboye

Published by The Nation on Wed, 04 Dec 2019

Okodili Ndidi, AbujaTHE Corps Marshal of the Federal Road Safety Corps (FRSC), Boboye Oyeyemi, has said insurance brookers are taking advantage of the ignorance of travellers to deny them of compensations in the event of mishaps.The Corps Marshal noted that both the drivers and passengers are unaware of their rights and entitlements especially under the third party insurance scheme.According to the FRSC boss, who made the disclosure during a joint stakeholders forum jointly organised by the Federal Competition and Consumer Protection Commission (FCCPC) at the FRSC Headquarters Abuja, with the theme Safety and Consumer Satisfaction in the Ember Season, travellers dont even know that the third party insurance policy has power, passengers and drivers need to know their rights.Read Also:FRSC criticises lane indiscipline by driversHe added further that, as co-stakeholders, there are several areas that we can cooperate, and from which the nation can benefit. One of these is in the vehicle insurance regime which has become a major issue in road transport in Nigeria, particularly in compensation in event of mishaps due significantly to the ignorance of insurance consumers.Also faking of the vehicle insurance documents have become quite rampant, both of which deserve closer examination. Just as motor vehicle operators appear ignorant of some of their responsibilities, so do many other road users, particularly passengers in vehicles in the course of mishaps causing trauma or other forms of losses. Our approach will, therefore, be predicated on the tripod; products, trends and patterns.Further, our stakeholding will be systematic and ochestrated to inculcate road safety consciousness and the responsibility of the road users as well as the motorists as the respective players such that each knows and responds to their different statutory commitments.
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