Following the Motor Vehicles regulations, which countries is the MIB required to compensate UK residents injured by uninsured motorists?

Prepare for the CII Certificate in Insurance - Motor Insurance Products (IF5) Exam. Dive into detailed questions and explore insightful explanations to boost your understanding. Excel in your exam preparation process.

The correct response indicates that under the Motor Vehicles (Compensation for Injury) Regulations, the Motor Insurers' Bureau (MIB) is mandated to compensate UK residents injured by uninsured motorists specifically in Eire, also known as Ireland. This has historical significance as the MIB was established to ensure protection for individuals in the UK who suffered injury as a result of accidents involving vehicles without insurance.

Eire has an agreement with the UK regarding insurance compensation, which helps to ensure that individuals are not left without recourse should they be harmed by uninsured drivers. This recognition ensures that victims can seek compensation for their injuries, making the road safer and holding drivers accountable for their insurance obligations.

Other options do not align with the regulations laid out for compensation concerning uninsured motorists involving UK residents. Understanding the geographical and legal context is crucial to navigating the regulations properly.

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