Compulsory motor vehicle insurance
Green slip is a generic term for Compulsory Third Party (CTP) Insurance. Green slips are also referred to as 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, regulated since 1 December 2017 by Motor Accident Injuries Act 2017 and previously by Motor Accidents Compensation Act 1999.
- Lifetime Care and Support scheme, regulated by Motor Accidents (Lifetime Care and Support) Act 2006.