In NSW, Compulsory Third Party Insurance (CTP), also known as a greenslip, is an essential part of car ownership. Read our quick and easy guide to learn more about it.
Compulsory Third Party Insurance (CTP) or ‘CTP Greenslip insurance’ is a mandatory personal injury insurance that’s needed to register your car in NSW. CTP protects the other person if you are involved in a car or motor vehicle accident by covering their medical bills, lost earnings, or (in a serious case) ongoing care.
A greenslip pays compensation to the third party that is injured in a road accident involving you. It protects you from expensive claims that may arise from the incident, like medical bills.
A greenslip is compulsory in NSW, and you cannot register your car without one.
If you’re uninsured and damage another person’s car in an accident, you’re liable to pay the upfront costs to repair it. It’s always best to take out other car insurance to ensure you’re protected. Woolworths Insurance offers a range of car insurance policies, including:
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Save on your CTP Insurance premium if you are over 30 and have no demerit points on your license
You may be able to pay your premium for 6 or 12 months to suit your budget and lifestyle
Want to learn more about Car Insurance? Take a look at some of our resources below:
CTP Insurance is issued by QBE Insurance (Australia) Limited ABN 78 003 191 035 for whom we act as an agent.
# If you are charged with a serious driving offence, you may not be eligible for compensation. Visit SIRA NSW for more details.
Benefits are subject to the terms and conditions including the limits and exclusions of the insurance policy. Any advice provided is general only and may not be right for you. Before you purchase this product you should carefully read the Car Insurance Product Disclosure Statement and consider the Target Market Determination to decide if it is right for you.