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The minimum level of insurance cover generally available, and which satisfies the requirement of the Act, is called third-party-only insurance. The level of cover provided by Third-party-only insurance is basic, but does exceed the requirements of the act. This insurance covers any liability to third parties, but does not cover any other risks.
The English doctrine of restraint of trade was the catalyst for much of what is now called "competition laws" (or sometimes "antitrust"). These laws are a way of restraining those who would restrain "free competition" in the market economy, through monopolising production, setting up cartels, imposing unfair trading conditions, prices and so on.
The Social Contract was a policy of the Labour governments of Harold Wilson and James Callaghan in 1970s Britain. The contract referred to a pact between the Labour government and the Trades Union Congress (TUC) in order to allow the former to govern the country more effectively. The main goal of the Social Contract was the control of wage ...
You may not be eligible for the lowest premium because driving without insurance puts you in a higher-risk category. On average, drivers with a lapse in coverage pay $2,705 per year for full ...
If you are found to be driving without insurance, you could receive a fine of at least $1,500 for a first offense. For each subsequent offense committed within three years, you could be fined $3,000.
Driving without insurance may seem like an easy way to save money, but the consequences can be serious. ... If police are called to the scene, your state will most likely require you to submit ...
National Insurance (NI) is a fundamental component of the welfare state in the United Kingdom.It acts as a form of social security, since payment of NI contributions establishes entitlement to certain state benefits for workers and their families.
Even though you can drive legally, the insurance company will still likely view you as riskier to insure if the suspension was the result of unsafe driving habits or driving without insurance.
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