← Lessons 25-Insurance
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1. INTRODUCTION 2. MOTOR INSURANCE – LEGAL REQUIREMENTS IN THE UK 3. MOTOR INSURANCE ABROAD 4. OPERATIONAL RISKS INSURANCE 5. OTHER NON-MOTOR INSURANCES 6. CONCLUSION APPENDIX 1 Quick Exam Numbers / Facts – Memorise These Final Memory Checklist

Quick Exam Numbers / Facts – Memorise These

  • Road Traffic Act 1988 – statutory UK motor-insurance requirements.
  • 7 days – source period for producing an insurance certificate when it is not immediately available.
  • 4 days – source period for insurer to issue a certificate after policy issue/renewal.
  • 7 days – source period for returning a certificate after cancellation.
  • 2 days' notice – Special Types movement up to 80,000 kg total weight.
  • 5 days' notice – Special Types movement over 80,000 kg.
  • 12 months – period within which authorities may make a claim for damage in the Special Types context.
  • CMR apparent damage – written claim immediately at delivery.
  • CMR non-apparent damage – written claim within 7 days.
  • CMR liability – 8.33 SDRs per kg under the source material.
  • CMR example – 5,000 kg × 8.33 SDR × £1.10 = £45,815.
  • CMR loss – 30 days after agreed delivery date, or 60 days after collection if no delivery date was agreed.
  • CMR delay – written reservation within 21 days.
  • CMR delay compensation – cannot exceed carriage costs.
  • EHIC/GHIC – source states renewable 5-year validity.
  • Employers' Liability – compulsory under the Employers' Liability (Compulsory Insurance) Act 1969.
  • Less than 14 days – source exemption for certain employees not normally resident in Great Britain.
  • Goods in transit – not legally compulsory, but strongly recommended by the source.
  • Green Card – source states required for UK drivers in listed European countries.