88. The contract must stipulate that for the purposes of the third paragraph of section 85, the amount of liability insurance is equal to the minimum amount of liability insurance in force in the state, province or territory of Canada or the United States where the accident occurs, when that amount is greater than the amount of liability insurance subscribed by the insured.
The contract shall also stipulate that the insurer shall not set up any ground of defence prohibited to insurers of the place of the accident if it occurred in Canada or the United States.