It is important to understand the detail surrounding greenslip coverage, one must always take note regarding what is covered and what is not, to avoid conflict when an incident occurs requiring a claim to be lodged. The underlying question is therefore – what is covered by such compulsory insurance.
What is covered by your CTP greenslip?
Coverage extends to individuals harmed or killed in a vehicle accident. This encompasses people on foot, travellers, cyclists, motorcyclists, and passengers of different vehicles and, to a lesser degree, the driver.
Your greenslip does NOT cover the driver at fault to the full degree of the plan unless the driver is catastrophically injured (as characterized by the Lifetime Care and Support Scheme)
Two of the current six greenslip insurance providers offer At Fault Driver Cover as an extra element of cover, incorporated into the cost of the green slip. The driver at fault cover offers pre-determined benefits as defined by their policy wordings. This can be an advantageous factor which must be considered in the decision pertaining to your greenslip purchase. A CTP Greenslip price comparison is always a good idea to help identify further add on benefits from all insurers.
The general population which qualifies for benefits, the premise on which benefits are payable and the points of application to the measure of payment are set out entirely in the Motor Accidents Compensation Act 1999 and the Motor Accidents (Lifetime Care and Support) Act 2006. You should explore your legal position regarding those benefits offered under these Acts.