You pay for insurance, however long it lasts for.
The TVIP is a sperate document and is what it says, Temporary Vehicle Import Permit. This MUST be cancelled when leaving the country, and on some borders down that way, they want to see the cancelled document at the entry border for the next country. It is just a way of tracking a vehicle into and out of a country and they check that the vehicle matches the paperwork
Hope that helps
Cheers
TravellingStrom
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