L10 Web Stats Reporter 3.15
Topics



General matters concerning all types of insurance
Life and medical/health insurance
Accident or personal injury insurance
Insurance against damage or loss of property (relating to flats and motor vehicles)
Employees' compensation and mandatory provident fund (MPF)
Personal liability or professional liability insurance
Related Websites

5. I am the registered owner but not the "real owner" of a car ("real owner" is the person who actually paid for the car). Can I obtain insurance coverage in respect of the car? Will it make a difference if I am the "real owner" but not the registered owner?

BackPrintEmail this page to a freind Next

As described in the first part of the question, you are the registered owner but not the "real" or "beneficial" owner.

As the registered owner, you still have an insurable interest in the car. Irrespective of the ownership position between you and the real/beneficial owner, you are liable for all the risks as between you and all other parties in case a traffic accident occurs. Therefore, you can purchase motor insurance for your car.

In answer to the second part of the question, if you can show evidence of your beneficial ownership (e.g. you have paid all or part of the purchase price for the car), you can also purchase the insurance.