Nambale, Nerima & Co. Advocates v Liberty General Insurance Uganda Limited (TAT Application 5 of 2023)
Nambale, Nerima & Co. Advocates v Liberty General Insurance Uganda Limited (TAT Application 5 of 2023) [2024] UGIAT 2 (9 February 2024)
The Tribunal found that there was no valid contract of insurance between the Appellant and the Respondent for the period in question. The evidence showed that no premium was paid for the renewal period, and the regulatory framework, as reinstated by the Insurance Regulatory Authority's public notice of May 2021, required payment of premium before policy inception or renewal. The Certificate of Insurance produced by the Appellant was a Motor Third Party certificate and not a comprehensive policy, lacking the essential features of an insurance contract. The Tribunal further found that Sheila Tu…
Source excerpt
- Insurance Contracts
- Premium Payment
- Agency Law
- Contract Formation
- Regulatory Compliance