N.J. Admin. Code § 11:4-42.1
Current through Register Vol. 56, No. 19, October 7, 2024
Section 11:4-42.1 - Purpose and scope(a) This subchapter sets forth standards for provisions contained in group life, group health and blanket insurance contract, policy and certificate forms to assure that the provisions are not unjust, unfair, inequitable, misleading, confusing or unreasonably restrictive and that the coverage provided is not so limited as to provide no substantial economic value.(b) This subchapter shall apply to all group life, group health and blanket insurance contracts and policies delivered or issued for delivery in this State on or after April 15, 1996, including any group life, group health and blanket insurance policies and contracts the forms of which the Commissioner has determined are eligible for file and use in accordance with N.J.A.C. 11:4-40. This subchapter shall not apply to group life insurance forms approved by the Interstate Insurance Product Regulation Commission created pursuant to the Interstate Insurance Product Regulation Compact established by P.L. 2010, c. 120.N.J. Admin. Code § 11:4-42.1
Amended by R.2011 d.265, effective 11/7/2011.
See: 43 N.J.R. 819(a), 43 N.J.R. 3026(a).
In (b), inserted the last sentence.