I just wrote out explaining but deleted it cause i really cant be arsed trying to explain it cause all you will do is argue and say i'm wrong.
The reason i know i'm right is because a friend of mine sold his bike to some polish bloke but kept the insurance running to get his years ncb. Said polish bloke rode it uninsured and smashed into someone and now they are chasing him for the bill cause they were liable cause they had the bike insured suppose sort of like if the car was stolen and crashed and cause he broke the terms they are coming after him just like they would if he had insured a 500000bhp cossie as a standard car and crashed it