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Bill > A2049


NJ A2049

NJ A2049
Prohibits discrimination with respect to charging of rates of premiums for disability and accident insurance.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill prohibits discrimination against any person or group of persons because of race, creed, color, national origin, ancestry, or sex of the person or group of persons in the issuance, withholding, extension, or renewal of any policy of disability or accident insurance or annuity. Likewise, the bill prohibits discrimination on these bases in the fixing of the rates of, terms or conditions of, or in the issuance or acceptance of any application for disability or accident insurance. Current law does not prohibit discrimination with respect to disability and accident insurance based on race, creed, color, national origin, ancestry, or sex. Massachusetts recently enacted a law (Bill H.482/S.545) prohibiting any distinction, classification, or discrimination on the basis of race, color, religion, sex, marital status, or national origin, in the amount or payment of premiums or rate charges, or in the benefits payable, or in any of the other terms or conditions of any group or individual disability or accident insurance. This bill is modeled after the Massachusetts law.

AI Summary

This bill prohibits discrimination against any person or group of persons based on race, creed, color, national origin, ancestry, or sex in the issuance, withholding, extension, or renewal of any policy of disability or accident insurance or annuity, as well as in the fixing of the rates, terms, or conditions of such policies. This expands the existing New Jersey law, which currently does not prohibit discrimination with respect to disability and accident insurance based on these protected characteristics. The bill is modeled after a similar law recently enacted in Massachusetts.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/09/2024)

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