New Jersey A4174 requires the Department of Military Affairs to partner with the National Guard Association of New Jersey to offer State-sponsored.
New Jersey A4174 mandates the Department of Military Affairs to collaborate with the National Guard Association of New Jersey to provide a State-sponsored life insurance program for New Jersey National Guard members. The National Guard Association of New Jersey will serve as the designated provider of these insurance products, which will be offered through insurers licensed in New Jersey. This initiative aims to offer low-cost life insurance options to the over 8,300 members of the New Jersey National Guard, supplementing the existing Servicemembers Group Life Insurance program.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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