Compulsory third party (CTP) insurance
A green slip is a term used in NSW 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 third party insurance policy to compensate 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 types of coverage
When you buy a green slip in NSW you participate in 2 schemes:
- Third-party Insurance scheme – to compensate people who are killed or injured in a road accident
- Lifetime Care and Support scheme – to provide separate benefits for people catastrophically injured in a road accident.