Compulsory motor vehicle insurance
Green slip is a generic term for Compulsory Third Party (CTP) Insurance. Greenslips are also called CTP greenslips, green slips, greenslip insurance, CTP and CTP Insurance.
Your green slip is a compulsory motor vehicle insurance policy that provides for compensation for people killed or injured in a road accident involving your vehicle.
- A green slip is a legal requirement for all motor vehicles registered in NSW, except trailers.
- Trailers are already covered under the green slip of the towing vehicle.
See who and what is covered by your green slip.
Two schemes
When you buy a green slip in NSW you participate in 2 schemes:
- Third-party Insurance scheme – provides compensation for people who are killed or injured in a road accident
- Lifetime Care and Support scheme – provides separate benefits for people catastrophically injured in a road accident.