™Your Policy Risk Impact Agent
30 chapters · 1,003 sections in this title.
N.J.S.A. 17B:29-1 Scope; differences in long-term and short-term indebtedness; rules and regulations
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17B:29-1. Scope; differences in long-term and short-term indebtedness; rules and regulations All life insurance and all health insurance in connection with loans or other credit transactions shall be subject to the provisions of this chapter, except where the issuance of such ins…
N.J.S.A. 17B:29-10 Claims
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17B:29-10. Claims a. All claims shall be promptly reported to the insurer or its designated claim representative, and the insurer shall maintain adequate claim files. All claims shall be settled as soon as possible and in accordance with the terms of the insurance contract. b. Al…
N.J.S.A. 17B:29-11 Existing insurance--choice of insurer
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17B:29-11. Existing insurance--choice of insurer When credit life insurance or credit health insurance is required as additional security for any indebtedness, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of insurance through e…
N.J.S.A. 17B:29-12 Enforcement
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17B:29-12. Enforcement Whenever the commissioner finds that there has been a violation of this chapter or any rules or regulations issued pursuant thereto, and after written notice thereof and hearing given to the insurer or other person authorized or licensed by the commissioner…
