N.J. Admin. Code § 11:4-33.2

Current through Register Vol. 56, No. 24, December 18, 2024

Section 11:4-33.2 - Applicability and scope

This subchapter applies to all life insurance policies, pure endowment and annuity contracts issued by an insurer transacting business in this State in which the insurer has committed to crediting interest to policy values for any period that extends beyond the valuation date at a rate that exceeds the maximum valuation rate as specified and defined in N.J.S.A. 17B:19-8.