100. Bankruptcy, etc., not to affect third party claims

Where a certificate of insurance has been delivered under subsection 91(4) to the person by whom a policy has been effected, the happening in relation to any person insured by the policy, of any such event as is mentioned in subsection 97(1) or (2) shall, notwithstanding anything contained in this Act, not affect any such liability of that person as is required to be covered by a policy under paragraph 91(1)(b) of this Act, but nothing in this section shall affect any rights against the insurer conferred under sections 97, 98 and 99

on the person to whom the liability was incurred.