Compulsory Insurance
/ˈkɒmpʌlsəri ɪnˈʃʊərəns/
Definitions
- (n.) Insurance required by law or regulation to cover certain risks or activities.
Drivers must obtain compulsory insurance before legally operating a vehicle.
Forms
- compulsory insurance
Related terms
See also
Commentary
Compulsory insurance mandates coverage by statute or regulation, distinguishing it from voluntary insurance; drafters should specify scope and penalties clearly.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.