summary
Introduced
12/08/2022
12/08/2022
In Committee
01/12/2023
01/12/2023
Crossed Over
06/30/2023
06/30/2023
Passed
Dead
01/08/2024
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A4942 |
BillText | https://pub.njleg.gov/Bills/2022/A5000/4942_R2.HTM |
Analysis - Statement Assembly 5/25/23 1R | https://pub.njleg.gov/Bills/2022/A5000/4942_S2.PDF |
BillText | https://pub.njleg.gov/Bills/2022/A5000/4942_R1.HTM |
Analysis - Statement AFI 1/12/23 | https://pub.njleg.gov/Bills/2022/A5000/4942_S1.PDF |
BillText | https://pub.njleg.gov/Bills/2022/A5000/4942_I1.HTM |
Bill | https://pub.njleg.gov/Bills/2022/A5000/4942_I1.PDF |
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