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17:35C-7. Outline of coverage |
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New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE |
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17: 35C-7. Outline of coverage 17: 35C-7. Outline of coverage 7. a. In order to provide for full and fair disclosure in the sale of medicare supplement contracts, no medicare supplement contract or certificate shall...
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be delivered or issued for delivery in this State, unless an outline of coverage is delivered to the applicant at the time application is made. b. The commissioner shall prescribe the format and content of the outline of coverage required by subsection a. of this section. For the purposes of this section, "format" means style, arrangement and overall appearance, including such items as the...
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size, color and prominence of the font used, paper size and weight and the arrangement of text and captions. The outline of coverage shall include: (1) A description of the principal benefits and coverage provided in the contract; (2) (Deleted by amendment, P.L.1992, c.144). (3) A statement of the renewal provisions, including any reservation by the service corporation of...
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