There Is a Newer Version
of
this Section
2019 New Jersey Revised Statutes
Title 45 - Professions and Occupations
Section 45:7-86 - Additional provisions
Universal Citation:
NJ Rev Stat § 45:7-86 (2019)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
45:7-86. Additional provisions
5. In addition to those provisions required in section 4 of this act, agreements connecting a funeral insurance policy to a prepaid funeral agreement shall provide that:
a. Cancellation of the funeral arrangements will not cancel or otherwise invalidate the funeral insurance policy;
b. Cancellation, withdrawal of, or loans made against, the proceeds or cash value of the policy shall void any price guarantees and indicate, therefore, the likelihood that inadequate funds will exist to pay for the original arrangements as intended; and
c. Cancellation of the prepaid funeral agreement will not result in the refund of premiums paid.
L.1993,c.147,s.5.
Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
