CTP (Greenslip) Insurance

Your CTP Insurance (greenslip) is an insurance policy which provides for compensation for people killed or injured in a motor vehicle accident.

Greenslip is a generic term for Compulsory Third Party (CTP) Insurance. Greenslips are also referred to as CTP Greenslips, green slips, greenslip insurance, CTP and CTP Insurance. As the name suggests, this insurance is a requirement for all people wishing to register a motor vehicle in Australia.

When you purchase a greenslip you are participating in two schemes. The Third-party Insurance scheme, regulated by the Motor Accidents Compensation Act 1999 and the Lifetime Care and Support scheme, regulated by the Motor Accidents (Lifetime Care and Support) Act 2006.

For great comparisons, visit www.greenslips.com.au