Bill

Bill > A4942


NJ A4942

"Pet Insurance Act."


summary

Introduced
12/08/2022
In Committee
01/12/2023
Crossed Over
06/30/2023
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

"Pet Insurance Act."

AI Summary

This bill, the "Pet Insurance Act," establishes a comprehensive legal framework for the sale of pet insurance in the state of New Jersey. It defines key terms such as "preexisting condition," "chronic condition," and "congenital anomaly or disorder," and requires insurers to use these definitions in their policies. The bill also mandates various disclosure requirements, including information about policy exclusions, waiting periods, and the basis for claim payments. It limits the use of preexisting condition exclusions and waiting periods, and prohibits insurers from requiring veterinary examinations for policy renewals. Additionally, the bill regulates the marketing of wellness programs by pet insurers or insurance producers, and requires specific training for insurance producers selling pet insurance products.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Received in the Senate without Reference, 2nd Reading (on 11/27/2023)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...