N.J. Admin. Code § 11:2-3.24

Current through Register Vol. 56, No. 16, August 19, 2024
Section 11:2-3.24 - Existing insurance; choice of insurer

When credit life insurance or credit accident and 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 existing policies of insurance owned or controlled by him, or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within this State.

N.J. Admin. Code § 11:2-3.24

Recodified from 11:2-3.18 by R.1996 d.206, effective 5/20/1996.
See: 27 New Jersey Register 3676(a), 28 New Jersey Register 2621(a).