 MAIC:The MAIC stand for Motor Accident Insurance Commission and it is the regulatory authority responsible for the ongoing management of the Compulsory Third Party scheme in Queensland. MAIC was established under the Motor Accident Insurance Act 1994, and commenced operations on 1 September 1994 as a statutory body reporting to the Treasurer. The Chief Executive of the Commission is the Insurance Commissioner who, in this capacity, is also the Nominal Defendant. The MAIC is funded by a statutory levy payable with the CTP insurance premium, interest earned on investment of the Motor Accident Insurance Fund and revenue from compliance fines, combined with a small surplus from the statutory levy, fund the Commission's research initiatives. The key functions of MAIC are:
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Greenslip Price Include
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Value Greenslips Pty Ltd (ABN 78 135 100 793) (ValueGreenSlips.com.au) acts as Agent or Authorised Representative for 4 major CTP Insurers, and not as your agent or Authorised Representative. Product Disclosure Statements (PDS) or Driver at Fault policies for CTP greenslips is available on this website. Note: we don’t render financial advice and any information available on our website about CTP Insurance does not take into consideration your objectives, financial situation or needs, which you should consider and obtain independent financial advice. You should read and consider the PDS and policy documents before deciding whether to acquire any product mentioned.
* RTA online activation of CTP greenslips are subject to correct information sent to Value Greenslips & customers’ vehicle's eligibility for online renewal at RTA including Pink Slip (eSafety Check) being organised by customer wherever necessary. Normal working hours & holidays conditions may also apply.
** During our business hours: Mon - Fri, 8:30am - 5:00pm and Saturday, 8:30am – Midday. Holiday period hours apply.
# Based on a 12 month CTP greenslip cost of no more than $600 when you spend $242 per week on groceries and fuel from major supermarket stores over a 12 month period.
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