Many of the people or we can say nearly all of the residents and drivers know about how important is to get a green slip for the sake of driving on the road in Australia. Whether you are a motorbike owner or a car driver, getting the ctp insurance is one basic and a very important step forward without which you would not be able to drive on the road at all.
So we can say that the importance of getting a CTP is apparent if you know you are not going to get a chance to drive on the road if you have not obtained the compulsory third party insurance.
As newbies, if you are interested in finding more about this compulsion, you need to know why it has been made a compulsion for all drivers and vehicle owners. It is therefore important to notice that when you get the CTP you are covering the third party for any damage or injuries caused by you and while driving your vehicle.
So it should be very clear that when you apply for the CTP you are not getting it to protect your vehicle or cover your injuries, rather it is for those who very injured or got the damages due to your activity and when you are at fault.
In addition to that people also have a question that why should they purchase the CTP if they are not covered at all. The reason behind is that when you are getting the CTP you are putting all the worries away from you as you will not have to compensate for the injuries and damages caused to the third party.
This should be understood so that you don’t feel burdened due to the third party insurance. In addition to that, it is important to know that you have to get you and your vehicle covered by the minimum or whichever kind of insurance you can get. This should not be mixed with the ctp because both of them cover the insured person differently.
