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XML document 17B:17-5. Annuity defined
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17B INSURANCE
...  17B: 17-5. Annuity defined 17B: 17-5. Annuity defined " Annuity" is a contract not coming within the definition of life insurance as set forth in section 17B:17-3, or health insurance as set forth in section 17B:17-4, under which an insurer obligates itself to make periodic payments for a specified period of time, such as for a number of years, or...
... or for a period of time determined by any combination thereof. Such a contract which includes extra benefits of the kinds set forth in sections 17B:17-3 or 17B:17-4 shall nevertheless be deemed to be an annuity if such extra benefits constitute a subsidiary or incidental part of the entire contract. L.1971, c. 144, s. 17B: 17-5....
XML document 17B:24-12. Separate risks and premiums
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17B INSURANCE
...  17B:24-12. Separate risks and premiums 17B:24-12. Separate risks and premiums When a policy shall insure against more than one hazard or peril, the insurance against any specific hazard or peril...
... shall not be separately cancelable unless the policy shall specify a separate premium for any such insurance so cancelable. No policy of life insurance or annuity contract as the same are defined in 17B:17-3 and 17B: 17-5 shall cover any other hazard or peril than insurance against bodily injury or death by accident, and upon the health of persons as the same...
... is defined in section 17B:17-4. L.1971, c. 144, s. 17B:24-12....
XML document 17B:25-35 Definitions relative to certain annuity products.
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17B INSURANCE
...  17B:25-35 Definitions relative to certain annuity products. 17B:25-35 Definitions relative to certain annuity products.   2. As used in this act, except as otherwise specified: " Annuity" means an annuity as defined by N.J.S.17B: 17-5 directly solicited to a consumer.   "Consumer" means a natural person who resides in this State.   "Deferred annuity" means an annuity with the first income payment due no earlier than one year from the date of issue and the annuity is not an immediate annuity.   "Determinable element" means a benefit, value, credit, or charge under an annuity that is guaranteed at issue, but its amount is not determined until after...
XML document 18A:66-127 Employees of board of education, agreement to reduce salary for purchase of annuity.
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 18A EDUCATION
...  18A:66-127 Employees of board of education, agreement to reduce salary for purchase of annuity. 18A:66-127 Employees of board of education, agreement to reduce salary for purchase of annuity. 18A:66-127. Any board of education may enter into an agreement with any of its employees whereby the employee agrees to take a reduction in...
... earned after the effective date of such agreement in return for the board's agreement to use a corresponding amount to purchase for the employee an annuity, as defined by N.J.S.17B: 17-5, from any company authorized to sell such annuities under the provisions of Title 17B of the New Jersey Statutes, or to invest in a custodial account for the employee through a broker-dealer or agent registered pursuant to the...
... provisions of sections 9 and 10 of the "Uniform Securities Law (1967)," P.L.1967, c.93 (C.49:3-56 and C.49:3-57). Any such annuity shall be purchased by means of an individual or group annuity contract which may provide for continuance of purchase payments during total disability, and under which the rights of such employee to such contract shall be...

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