{"data":{"id":"us-nj/n.j.-stat.-56-12-93","jurisdiction":"us-nj","citation":"N.J. Stat. § 56:12-93","heading":"Contents of service contract.","body":"7.\tA service contract issued, offered for sale, or sold in this State shall be written in a simple, clear, understandable, and easily readable way and shall contain the requirements set forth in this section, as applicable:\na.\tthe provider's name, principal or other appropriate business address, and telephone number;\nb.\tthe administrator's name, principal or other appropriate business address, and telephone number;\nc.\tthe service contract holder's name and address, to the extent this information is furnished by the contract holder , provided, however, that a provider that bills a consumer for the provider fee on a periodic basis at a physical or electronic address provided by the service contract holder shall be exempt from the requirement of this subsection;\nd.\tthe provider fee, or a reference to any other documentation which contains the provider fee and the terms under which the contract is sold;\ne.\tthe property subject to coverage by the service contract, the contractual obligations of the provider with respect to that property , any limitations, exceptions, and exclusions, a toll-free telephone number for claim service, and complete instructions for making a claim for service on or replacement of the property covered by the contract , or for reimbursement for service on or replacement of the property;\nf.\tthe amount of any deductible or service fee, as applicable;\ng.\twhether the provider's use of refurbished, reconditioned, or non-original manufacturer's parts is permitted;\nh.\twhether the service contract provides for consequential damages or preexisting conditions;\ni.\tthe contractual obligations of the service contract holder, including, but not limited to, the duty of the contract holder to comply with the provisions of the owner's manual for the property and to protect the property against any further damage;\nj.\tthe conditions governing the transferability of the service contract;\nk.\tthe conditions governing the cancellation of the service contract by the service contract holder, which shall:\n(1)\tpermit the contract holder, if the contract holder makes no claim arising under the contract, to cancel the contract:\n(a)\twithin 10 days of receipt of the contract, or a longer period specified in the contract, if delivered at the time of purchase; or\n(b)\twithin 20 days of the date the contract was sent to the contract holder , or a longer period specified in the contract, if not delivered at the time of purchase; and\n(2)\tif cancelled within the time period specified in subparagraph (a) or (b) of paragraph (1) of this subsection, require the provider to provide the contract holder with the full purchase price or amount paid on the contract by refund or credit to the account of the contract holder, and to additionally pay the contract holder a 10% per month penalty, based upon the purchase price of the contract, if the refund or credit is not completed within 45 days of the cancellation of the contract;\nl.\tthe conditions governing cancellation of the service contract by the provider, prior to the expiration of the contract, which shall:\n(1)\trequire, except as provided in paragraph (2) of this subsection, that the provider mail a written notice to the contract holder at the contract holder's last known address:\n(a)\twhich contains the reason for the cancellation and the effective date of the cancellation; and\n(b)\tis delivered at least five days prior to the effective date of the cancellation; and\n(2)\texplain that a written notice shall not be required if the reason for cancellation is nonpayment of the provider fee, a material misrepresentation or omission, or a substantial breach of contractual obligations concerning the property or its use; and\nm.\twhether the service contract is insured by a reimbursement insurance policy, and:\n(1)\tif insured, the contract shall contain:\n(a)\tthe insurer's name, principal or other appropriate business address, and telephone number accompanied by a conspicuous statement in substantially the following form: \"Obligations of the provider under this service contract are insured under a service contract reimbursement insurance policy\"; and\n(b)\tinformation concerning the procedure for the contract holder to present a claim arising under the contract directly to the reimbursement insurance company, pursuant to the insurer's obligations set forth in section 6 of this act, in the event that the provider does not comply with any contractual obligation pursuant to the contract within 60 days of presentation of a valid claim by the contract holder; or\n(2)\tif not insured, the contract shall contain a conspicuous statement in substantially the following form: \"Obligations of the provider under this service contract are backed by the full faith and credit of the provider.\"\nL.2013, c.197, s.7.","path":["TITLE 56 TRADE NAMES, TRADE-MARKS AND UNFAIR TRADE PRACTICES"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"52b572c4c6fc58b6f26af5932e277b127eea75f550a27bb457a4d0add8d1b12d","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-56-12-92","next":"us-nj/n.j.-stat.-56-12-93.1"},"notice":"GroundRules: Original legal text. Not legal advice."}