CTP Insurers can offer incentives to policy holders. The incentive types are approved by the Minister to optimise the competition scheme for motorists, to achieve the following objectives:

• CTP Insurers compete for customers through offering value-added goods and services
• CTP Insurers only offer direct policy holder incentives approved by the Minister
• The cost of incentives cannot be passed onto motorists through CTP premiums.

CTP Insurers must ensure:

• the incentive is of an approved incentive class
• the person receives direct benefit and real value from the incentive
• the offer clearly and prominently outlines any eligibility criteria or other qualifying conditions.

CTP Insurers can offer incentives from the following classes:

• Discounts off other insurance products
• Reward programs
• Gifts
• Roadside services
• Crash and injury reduction products
• At-fault driver protection insurance.

See further information on approved incentives in the CTP scheme or contact a CTP Insurer.