N.J. Admin. Code § 11:21-7.9 - Price quotes; disclosures
(a) A small
employer carrier shall provide a price quote to a small employer , directly or
through an authorized third party, within 10 working days of receiving a
request for a quote and such information as is reasonable and necessary to
provide the quote. A small employer carrier shall notify a small employer ,
directly or through an authorized producer, within five working days of
receiving a request for a price quote of any additional information needed by
the small employer carrier to provide the quote.
(b) Each small employer carrier shall make
reasonable disclosure in price quotes provided to small employers of the
provisions concerning the small employer carrier 's right to change premiums and
the criteria in the small employer carrier 's rate filing which affect changes
in premium rates.
Notes
See: 28 New Jersey Register 4344(a), 29 New Jersey Register 428(a).
Former section recodified to N.J.A.C. 11:21-7.8.
Amended by R.2004 d.107, effective
See: 35 New Jersey Register 5011(a), 36 New Jersey Register 1594(a).
In (a), substituted "third party" for "producer" following "authorized".
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.