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TPL Insurance in Lithuania - probably

Jul 30, 1998
By Chris Butler

The Lithuanian Cabinet recently approved the essence of a bill that would at last make third party liability (TPL) insurance compulsory for all drivers. As well as requiring all drivers to be insured for the damage that they do to other road users, the bill also envisages setting up a compensation fund. This would ensure compensation to a victim when the guilty driver has no insurance cover or is not known. Assuming that parliament adopts the law, the government will have to approve the regulati ...

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