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Green Slip In Sydney Research Paper

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Essential Infornation about Green Slips in Sydney

A green slip is a Compulsory Third Party (CTP) insurance policy, which is related to a determined vehicle. It will cover you or the person driving your vehicle if any of you are at fault in an accident. Under certain circumstances, it can give coverage irrespective of which driver is at fault.
The term "green slip" is a commonly used personal injury insurance, which is also known as a green slip, CTP slips, green slip insurance, CTP and CTP insurance. Many companies offer green slips in Sydney, and thus, one can easily find the details of the best company.
Green slips in Sydney are legal requirements to drive a vehicle, and include people who are injured or killed in a motor vehicle accident. They must be given when registering any vehicle in your state. Each state follows different rules and regulations, when it comes to vehicle registration, and thus, it is imperative to have a good knowledge about them. You will only get insurance coverage if your vehicle is registered, otherwise you may be personally liable for any damages or injuries that are caised in the motor vehicle collision. This insurance can cover the passengers, other people on the roads (including drivers, passengers, pillion passengers, cyclists, motor cyclists and pedestrians), and injuries or death caused by …show more content…

You can take as per your vehicle. When you buy an insurance for your motor vehicle, you participate in two different schemes, i.e. the Lifetime Care and Support scheme and the Third-party Insurance scheme. The Lifetime Care and Support scheme is regulated by the Motor Accidents Act 2006 whereas the Third-party Insurance scheme is regulated by the Motor Accidents Compensation Act 1999. There are many licensed companies, providing green slips in Australia. They are regulated by the Motor Accidents Authority of each state and must comply with the Motor Accidents Compensation Act

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