_maic-ctp-scheme-overview-3-of-3.jpg "MAIC - CTP scheme overview (3 of 3) from vehicle registration renewal paperwork Video Screenshot Preview")
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⏲ Duration: 1 min 16 sec
✓ Published: 16-Oct-2023
✓ Published: 16-Oct-2023
Description:
Meet Sarah.nnShe just bought a new car and is completing the paperwork with her motor dealer before getting behind the wheel.n nWhen asked which CTP insurer she would like to insure her new car with, Sarah is uncertain because she doesn’t know much about it. nnSarah learns that compulsory third-party insurance, also called CTP insurance, forms part of the vehicle registration fee and protects her from being held financially responsible if her car causes an accident and injures another person.
Meet Sarah.nnShe just bought a new car and is completing the paperwork with her motor dealer before getting behind the wheel.n nWhen asked which CTP insurer she would like to insure her new car with, Sarah is uncertain because she doesn’t know much about it. nnSarah learns that compulsory third-party insurance, also called CTP insurance, forms part of the vehicle registration fee and protects her from being held financially responsible if her car causes an accident and injures another person.
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