Section 17B:17-31 - Inapplicability of actThis act shall not apply to:
a. any account or policy issued to a group master policyholder in which the insurer does not maintain records on its administrative systems containing the information necessary to comply with the requirements of this act;b. any account, policy, or certificate that provides a death benefit under an employee benefits, government or church plan subject to or as defined under the Employee Retirement Income Security Act of 1974 ( 29 U.S.C. s.1002 ) or any other federal employee benefit program;c. any policy or certificate of life insurance that is used to fund a preneed funeral contract or prearrangement;d. any policy or certificate of credit life or accidental death insurance; ore. any other circumstance as determined to be appropriate by the commissioner.Added by L. 2017, c. 236,s. 6, eff. 3/1/2018.