17B:25-1. "Industrial life insurance"; definition
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/nj/title-17b/chapter-25/17b-25-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purpose of this code, "Industrial life insurance" is that form of life insurance, issued by an insurer which, as to such insurance, is operating under a debit plan of premium collection by agents, and under which the premiums are payable monthly or oftener and the words "industrial policy" or words of similar import are printed upon the policy as part of the descriptive matter.
L.1971, c. 144, s. 17B:25-1.