Medicare Supplement Coverage and the New Jersey Long-Term Care Insurance Act, N.J.S.A. 17B:26A-1 through 17B:26A-17 and 17B:27E-1 through 17B:27E-12

What this document is

Medicare Supplement Coverage and the New Jersey Long-Term Care Insurance Act, N.J.S.A. 17B:26A-1 through 17B:26A-17 and 17B:27E-1 through 17B:27E-12 is a state statute published by pub.njleg.gov. It is one of the New Jersey documents that insurance license exam questions are written from, including new jersey life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• N.J.S.A. tit. 17B § 27E-7(c) (Grounds for rescinding policy, denying a claim)

  “After a policy or certificate has been in force for two years, it is not contestable upon the grounds of misrepresentation alone; such a policy or certificate may be contested only upon a showing that the insured knowingly and intentionally misrepresented relevant facts relating to the insured's health.”

• N.J.S.A. tit. 17B § 27E-8 (Conditions for delivery, issuance of policy)

  “Except as provided in subsection b. of this section, a long-term care insurance policy shall not be delivered or issued for delivery in this State unless the policyholder or certificate holder has been offered the option of purchasing a policy or certificate including a nonforfeiture benefit. The...”

• N.J.S.A. tit. 17B § 27E-6(e)(1)(b) (Outline of coverage; producer solicitations)

  “In the case of insurance producer solicitations, an insurance producer shall deliver the outline of coverage prior to the presentation of an application or enrollment form.”

• N.J.S.A. tit. 17B § 26A-8 (30-day examination period, refunds)

  “Medicare supplement policies or certificates shall have a notice prominently printed on the first page of the policy or certificate or attached thereto stating in substance that the applicant shall have the right to return the policy or certificate within 30 days of its delivery and to have the...”

• N.J.S.A. tit. 17B § 26A-4 (Preexisting condition; denial of claim for losses)

  “Notwithstanding any other provision of law of this State to the contrary, a medicare supplement policy may not deny a claim for losses incurred more than 6 months from the effective date of coverage for a preexisting condition.”

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Questions about this source

More New Jersey sources

• N.J.S.A. 17:29B-4: Unfair methods of competition and deceptive acts definedState statute
• N.J.S.A. Title 17 Chapter 1 - Department of Banking and Insurance; the Commissioner's powers (17:1-1 through 17:1-28, 23 sections)State statute
• N.J.S.A. Title 17 Chapter 16C - Retail Installment Sales Act (17:16C-1 through 17:16C-103, 125 sections)State statute
• N.J.S.A. Title 17 Chapter 1C - Department expenses, apportionment and assessment (17:1C-6.1 through 17:1C-48, 32 sections)State statute
• N.J.S.A. Title 17 Chapter 28 - Insurance policy provisions, including compulsory uninsured and underinsured motorist coverage (17:28-1 through 17:28-8, 16 sections)State statute
• N.J.S.A. Title 17 Chapter 29A - Rates and rating organizations (17:29A-1 through 17:29A-62, 73 sections)State statute
• N.J.S.A. Title 17 Chapter 29AA - Commercial insurance deregulation (17:29AA-1 through 17:29AA-34, 35 sections)State statute
• N.J.S.A. Title 17 Chapter 29B - Unfair trade practices in the business of insurance, complete chapter (17:29B-1 through 17:29B-19, 20 sections)State statute