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29.08.2015 Business & Finance

ECOWAS Brown Card Insurance Policy Begins

By Daily Guide
ECOWAS Brown Card Insurance Policy Begins
29.08.2015 LISTEN

ECOWAS member countries will from January 1, 2016 begin the ECOWAS Brown Card Insurance scheme, which ensures prompt and fair compensation to victims of motor accidents caused by non-citizen motorists visiting their territory from other ECOWAS member states.

Gabriel Glover, Chief Executive Officer (CEO) & General Secretary of the Ghana Bureau of Ecowas Brown Card Insurance Scheme, made this known at a training programme held for stakeholders on the new scheme at the premises of the Ghana Institute of Freight Forwarders.

He explained that the New Secured Brown Card is a single leaflet format with security features, adding 'it is an improved certificate which is expected to curb the use of fake Brown cards in our communities.'

Mr. Glover said the ECOWAS Brown Card Insurance covers Third Party Liability for injury, death and property damage caused by visiting motorists from other ECOWAS Member states.

He said the system guarantees a motor insurance cover which leads to the realization of the free movement objectives of ECOWAS.

'The Brown Card essentially is a territorial extension of the local insurance cover. This implies that the Brown Card motor certificate cannot stand alone or should not be issued in isolation of an underlying local motor insurance cover or policy.

'Invariably, a local policy holder who intends to travel to another ECOWAS country should call at the office of his local insurance company to obtain the Brown Card certificate,' he said.

Mr. Glover warned motorists against the use of fake Brown cards, stating that 'we have discovered that there are a large number of fake Brown Cards in circulation and causing serious challenges to the management of the scheme in the sub-region. A person who issues or tenders false documents commits an offence and is liable on summary conviction to a fine not exceeding 25 penalty units or to a term of imprisonment not exceeding eight months or both.

Gabriel Glover taking the participants through the topics in Tema

A Business Desk report

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