L&HNJmedium
The New Jersey Standard Nonforfeiture Law for individual life insurance is codified primarily at which chapter of the New Jersey statutes?
AN.J.S.A. 17B:17
BN.J.S.A. 17B:26
CN.J.S.A. 17B:32
N.J.S.A. 17B:25
Why this is the answer
N.J.S.A. 17B:25 contains New Jersey's Standard Nonforfeiture Law for individual life insurance along with the mandatory uniform policy provisions, requiring options such as cash surrender, reduced paid-up, and extended term insurance.
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