Monday, March 15, 2010

NJAC 13:19-6.8 Liability insurance

NJAC 13:19-6.8 Liability insurance


The manufacturer of a BAIID that is the subject of an application for certification under 13:19-6.7 shall carry product liability insurance with minimum liability limits of one million dollars per occurrence, with three million dollars aggregate total. The liability covered shall include defects in product design and materials as well as in the work of manufacturing. The proof of insurance shall include a statement from the insurance company that the insurance company shall provide the Commission with written notice of cancellation of the insurance 30 days before cancellation of the insurance.



HISTORY:

Amended by R.2005 d.47, effective February 7, 2005.

See: 36 New Jersey Register 4005(a), 37 New Jersey Register 505(a).

Substituted "Commission" for "Division".

Chapter Notes