New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 17A - INSURANCE PRODUCER STANDARDS OF CONDUCT; MARKETING
Subchapter 4 - MISCELLANEOUS MARKETING AND RELATED REQUIREMENTS
Section 11:17A-4.3 - Confirmation of underwriting information
Universal Citation: NJ Admin Code 11:17A-4.3
Current through Register Vol. 56, No. 18, September 16, 2024
(a) Every insurance producer shall, within 10 days after the effectuation of an insurance transaction made through an insurance producer which modifies the terms of an existing insurance contract or the terms of an application for insurance, notify a policyholder or applicant, in writing, of all information submitted to the insurance producer by the policyholder or applicant pertinent to the modification, including confirmation that the insurance producer has sent the information to the insurer.
1. The
requirement in (a) above shall apply to all insurance policies, certificates,
binders and endorsements.
2. The
requirement in (a) above shall not apply when the request for such modification
is required to be submitted by the policyholder or applicant to the insurance
producer in writing.
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