New Jersey Revised Statutes § 17:36-5.20b - Certain Commercial Lines Insurance Risks, Exclusion From Requirements Of Standard Fire Policy.

17:36-5.20b Certain commercial lines insurance risks, exclusion from requirements of standard fire policy.

1. a. A fire insurance policy for commercial lines insurance risks which produce minimum annual premiums in excess of $10,000 shall be excluded from the requirements of section 6 of P.L.1954, c. 268 (C.17:36-5.20).

b.Notwithstanding any other provision of law to the contrary, no person, including, but not limited to, an insurance producer as defined in section 3 of P.L.2001, c.210 (C.17:22A-28), shall be liable in an action for damages on account of an applicant or insured purchasing a commercial lines insurance policy that does not comply with the requirements of section 6 of P.L.1954, c.268 (C.17:36-5.20).

L.2007, c.324, s.1.

Section: Previous  17-36-5.15  17-36-5.16  17-36-5.17  17-36-5.18  17-36-5.19  17-36-5.20  17-36-5.20a  17-36-5.20b  17-36-5.21  17-36-5.22  17-36-5.23  17-36-5.24  17-36-5.25  17-36-5.26  17-36-5.27  Next

Last modified: October 11, 2016