About Greenslips

What is a greenslip?

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

A greenslip is a legal requirement for all motor vehicles registered in NSW, except trailers. Trailers are covered under the greenslip of the towing vehicle.

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.

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.

The Third-party Insurance scheme and the Lifetime Care and Support scheme are explained in full on this site.