L&HNJmedium
Under N.J.A.C. 11:4-2, what must the replacing New Jersey insurer send to each existing insurer that is identified on the Notice Regarding Replacement?
AOnly the applicant's new policy number and the effective date of coverage, with no notice or sales materials attached
A certified copy of the Notice Regarding Replacement and any sales materials used
CA summary of producer commissions earned
DA FINRA suitability memo
Why this is the answer
N.J.A.C. 11:4-2 requires the replacing insurer to send each existing insurer a certified copy of the signed Notice Regarding Replacement together with any sales materials used, enabling the existing insurer to begin its conservation effort.
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