Saturday, June 25, 2022
  • Lifestyle
    • Food
    • Health
    • Home Improvement
    • Living
  • News
    • Politics
    • Science
    • Science
    • Streaming
    • Sports
  • Digital Marketing
    • SEO
    • White Hat SEO
    • Blogging
    • Link Building
    • SEO
    • Social Media Marketing
  • Travel Guides
  • Web Hosting
CONTACT US
No Result
View All Result
Home Insurance

An Overview of CTP (Compulsory Third-Party) Insurance

Allen Brown by Allen Brown
June 6, 2021
in Insurance
Reading Time: 2 mins read
Compulsory Third-Party Insurance

Compulsory liability insurance (or CTP insurance) covers drivers of vehicles responsible for a traffic accident due to personal injury or other road users. CTP insurance is a mandatory part of your vehicle registration. Although insurance needs to be purchased, you can choose an insurance company. Depending on your situation, you may get certain benefits. Although CTP insurance companies do not offer discounts on CTP insurance, they may offer discounts on other products they offer (e.g. Comprehensive insurance policies or roadside assistance).

Your compulsory liability insurance (CTP) is paid at the same time as your car registration. Since your vehicle registration is mandatory, so is CTP insurance.

In accordance with the Motor Vehicle Act 1959, your CTP insurance premium is covered by a compulsory insurance policy. The CTP regulator determines the minimum conditions for the CTP insurance policy.

  • What is covered?
    • Different coverage for a Child’s Claim
    • Lifetime Support Scheme
  • What is not covered?

What is covered?

The insurance policy protects you (and other users of your registered and insured vehicle with or without your consent) from the financial consequences of injury or death to other road users when using your vehicle.

If you are the culprit ultimately, you cannot make claims. However, most accidents involve errors between drivers. If you are not sure, you can file a claim with the insurance company for the other driver you believe caused the accident.

Suppose unknown or unregistered vehicles (and therefore uninsured vehicles) are involved. In that case, the regulatory agency under the Named Defendants program will provide insurance and assign handling of your claims to one of the insurance companies.

Different coverage for a Child’s Claim

The CTP program provides incorrect insurance to children under the age of 16 in an accident in South Australia (for example, the child is a minor driver) to obtain the necessary and reasonable treatment, care and support. This insurance also applies when the vehicle is registered between countries/regions.

Lifetime Support Scheme

Suppose you have suffered a severe lifelong injury in a car accident in South Australia. In that case, you may be entitled to necessary and reasonable treatment, care and assistance under the Lifetime Support Scheme (LSS) despite the errors.

Depending on your situation, if you have not had an accident, you may be eligible to file a CTP claim as well as a claim under LSS.

What is not covered?

CTP insurance does not cover:

  • Property damage (including vehicles or their property)
  • Cyclists who injure themselves or other road users
  • Has caused injury or death to another participant in a road race
  • Drivers in a single-car accident, for example, if you hit a tree (except for severe life injuries covered by the lifetime plan).

If you have not fulfilled the obligations in the insurance policy and your actions have caused damage, the insurance company has the right to recover the damage caused by accident.

Liability under the insurance policy does not include:

  • Driving under the influence of alcohol or drugs
  • Dangerous driving
  • Intentional damage
  • Drive a vehicle without the owner’s permission
  • Driving without a current driving license
  • Driving with an unsuitable or overloaded vehicle
  • Violation of Section 43 of the Road Traffic Act of 1961 (hit-and-run).

 

READ NEXT

Certificate of motor insurance and policy with car and dollar bills.

How A Public Adjuster Can Help You Out With Your Insurance Claim

by Allen Brown
June 21, 2022
0

A Public Adjuster is a representative for a policyholder who helps settle an insurance claim for the customer. In this...

man in purple suit jacket using laptop computer

Do You Have the Right Cover for Your Property

by Allen Brown
February 25, 2022
0

House insurance or homeowner’s insurance is something that will compensate if any accident hampers your place or anybody else with...

Why Should You Consider Buying Funeral Insurance

by Allen Brown
February 24, 2022
0

While life insurance, health insurance, car insurance, and homeowners’ insurance are considered by most people to be an essential expense,...

pink stethoscope

4 Tips On How Truckers Can Find Perfect Dental And Vision Insurance

by Allen Brown
November 16, 2021
0

Find out in this article about your rights to collect medical insurance for you and your family when you're a...

person sitting while using laptop computer and green stethoscope near

Where to take group medical insurance in Singapore

by Allen Brown
October 6, 2021
0

Are you looking for the best insurance company to get medical cover? Consider different aspects of the insurance coverage available...

Car Crash

Important Steps You Should Take When You Get Injured In A Car Crash

by Allen Brown
May 8, 2021
0

Car crashes occur on the road daily, adding up to the statistics of people with disabilities, life-threatening injuries, and sometimes...

Recent Posts

man holding his graduation cap

Six Career Options For Those With An Advanced English Degree

June 25, 2022
black and white plastic pump bottle

How To Choose The Best Swimmers Shampoo to Remove Chlorine

June 25, 2022
Photo by Lukas Tennie on Unsplash

Beginner’s Guide: Basic Watch Parts And Components

June 24, 2022
person wearing silver diamond ring

Invisalign Treatment: Needs and Benefits

June 24, 2022
animal-themed merry go round

A List of Well-Known, Popular Themes for Your Next Corporate Gathering

June 24, 2022
people sitting near table with laptop computer

How Search Engine Optimisation Can Transform Your Business Enterprise

June 22, 2022
dining table set placed beside glass window

Why Everyone Needs a Slice Of The Beach Life

June 22, 2022
silhouette photography of person

5 Emotional Star Wars Moments That Will Make You Cry

June 22, 2022

Copyright © 2019-2022 Zone Desire.

Navigate Site

  • About
  • Advertise
  • Accessibility
  • Terms of use
  • Privacy policy

Follow Us

No Result
View All Result
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel
  • About Us
  • Advertise with us

Copyright © 2019-2022 Zone Desire.