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.
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.