L&HNJeasy
Which New Jersey administrative rule governs the replacement of life insurance policies and annuity contracts?
AN.J.A.C. 11:4-23
N.J.A.C. 11:4-2
CN.J.A.C. 11:4-59
DN.J.A.C. 11:4-59
Why this is the answer
N.J.A.C. 11:4-2 establishes the disclosure, notice, conservation, and free-look requirements that apply whenever an existing New Jersey life insurance or annuity contract is being replaced.
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