Insurance firms short changing Nigerian travelers – Boboye


Okodili Ndidi, Abuja

 

The Corps Marshal of the Federal Road Safety Corps (FRSC), Boboye Oyeyemi, on Tuesday, disclosed that Insurance brokers 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’, “the travellers don’t even know that the third party insurance policy has power, passengers and drivers need to know their rights”.

He added further that, “as co-stakeholders, there are several areas that we can cooperate, and from which the nation can benefit, one of which is in the vehicle…



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