EstatePass
L&HNJeasy

Under N.J.A.C. 11:4-2, what is the title of the disclosure form the producer must deliver to the applicant when a life or annuity replacement is involved?

Notice Regarding Replacement
BBuyer's Guide to Life Insurance
CStatement of Producer Compensation
DAnnuity Suitability Worksheet

Why this is the answer

N.J.A.C. 11:4-2 requires the producer to deliver and sign with the applicant a form titled 'Notice Regarding Replacement' at or before application whenever the transaction involves replacement of an existing life or annuity contract.

Studying for the NJ Life & Health exam?

This question comes from our L&H bank. Take a free practice test — no signup.