When a motor vehicle is transferred in the name of another person, certificate of insurance is:

Motor Vehicles Act  Transfer of certificate of insurance. -- (1) Where a person, in whose favour the certificate of insurance has been issued in accordance with the provisions of this Chapter, transfers to another person the ownership of the motor vehicle in respect of which such insurance was taken together with the policy of insurance relating thereto, the certificate of insurance and the policy described in the certificate shall be deemed to have been transferred in favour of the person to whom  the motor vehicle is transferred with effect from the date of its transfer.