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New Jersey Statutes, Title: 17B, INSURANCE

    Chapter 29: Scope; differences in long-term and short-term indebtedness; rules and regulations

      Section: 17B:29-11: Existing insurance--choice of insurer

           When credit life insurance or credit health insurance is required as additional security for any indebtedness, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by him or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within this State.

L.1971, c. 144, s. 17B:29-11.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17b:29-11 (if available):



Court decisions that cite this statute: CLICK HERE.