N.J. Admin. Code § 11:4-45.1 - Purpose and scope

(a) These rules set forth the standards and requirements for periodic reports required to be provided to policyholders or contract holders in connection with flexible-factor life insurance forms, individual variable annuity forms, and variable life insurance forms to be filed by the Commissioner for use and delivery in this State pursuant to N.J.S.A. 17B:25-18, 17B:25-18.1, 17B:25-18.2, 17B:27-25, and N.J.S.A. 17B:28-5. These rules also set forth periodic report requirements for all forms for which illustrations are used pursuant to N.J.A.C. 11:4-52.

(b) These rules shall apply to any insurer seeking to deliver or issue for delivery in this State a flexible-factor form, individual variable annuity form or variable life insurance form; or any other form for which illustrations are used pursuant to N.J.A.C. 11:4-52 as set forth in N.J.A.C. 11:4-45.7.

Notes

N.J. Admin. Code § 11:4-45.1

Amended by R.1998 d.337, effective 7/6/1998.
See: 30 New Jersey Register 275(a), 30 New Jersey Register 2492(a).
Substituted references to variable life insurance forms for references to individual variable life insurance forms throughout; in (a), inserted references to N.J.S.A. 17B:25-18.1 and 17B:25-18.2, deleted a reference to P.L. 1995, c.73 and added a second sentence; and in (b), added a reference to other forms for which illustrations are used.