New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 4 - ACTUARIAL SERVICES
Subchapter 60 - LIMITATIONS ON THE USE OF SPECIFIC TERMS OR DESIGNATIONS IN THE SALE OF LIFE INSURANCE
Section 11:4-60.1 - Purpose and scope

Universal Citation: NJ Admin Code 11:4-60.1

Current through Register Vol. 56, No. 6, March 18, 2024

(a) The purpose of this subchapter is to establish limitations, consistent with 17B:25-36 and the Unfair Trade Practices Act, 17B:30-1 et seq., on the use of certifications, professional designations, or forms of advertising by insurance producers, representatives of fraternal benefit societies and insurers expressing that the person or entity has special education, training or experience in advising or servicing senior citizens or retirees in connection with the solicitation, negotiation of sale of life insurance.

(b) This subchapter shall apply to the sale, solicitation, or negotiation of life insurance by a person or entity set forth in (a) above.

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