The most popular green slips in Australia are the most important and common type of insurance coverage options that everyone has to deal with without any excuses. Many people in Australia ask a question regarding the need of having the green slip and why they have made is compulsory so that no one could ever register a car in NSW without paying for the CTP.
Definitely, when it comes to the safety of the public, the most vulnerable people are those who are on the road. While driving on the road you may encounter many different things including the environmental factors, your own driving experience, and behavior as well as the driving and vehicle riding behavior or of others.
As for other insurance policies, you need an insurance quote and you must select the desired insurance depending on your preferences and requirements. But it is not the case with the CTP insurance as it is determined by the government and you are no one to leave it for your vehicle or otherwise your vehicle would not get registered.
CTP means the third party insurance which has been made compulsory. You cannot skip having this insurance or otherwise you will not be able to ride on your vehicle and drive it on the road.
You should know that CTP is not just a way of compensating the cost of injuries on your behalf that the insurer provides to the third party injured person it is rather a responsible process of giving you financial relief while keeping in view the respect and safety of others as well.
So you must not think that you are doing it for one person or another person who might get into an accident due to your fault rather think about the responsibility you will take which is better than all.