17B:25-29 - Notice of benefits not provided in contract

17B:25-29  Notice of benefits not provided in contract.

9.A contract that does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that those benefits are not provided.

L.2005,c.194,s.9.