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Travel May Affect Insurance–Part Two

March 31, 2008 at 10:52 am · Filed under new jersey, tourism, travel, U.S. travel and tagged:

By Linda Tancs

In follow up to our 26 February post, New Jersey has now passed a law forbidding life insurance companies from adjusting premiums based on the travel predilections of policy owners–for the most part, that is.  Exclusion is made for the application of sound actuarial principles or past experience.  You can read the new law at http://www.njleg.state.nj.us/2008/Bills/A2000/1586_I1.HTM.

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