TRENTON – Senators John Adler and Robert Singer and Assemblywoman Linda Greenstein will join Patrica Kelmar of NJAARP tomorrow to introduce new legislation that will provide consumers with new protections against hard-sell pitches from the insurance industry.
Also on hand will be Kathleen Statue, the daughter of Edith Baker, a Flemington woman who was deceived by a financial planner into buying an unnecessary annuity.
The news conference will begin at 11 a.m. in Room 103 of the State House.
The bill looks to limit deceptive practices used by insurance brokers and providers and empower those buying insurance products with new rights to protect their financial well-being.
WHO: Senator John Adler, Senator Robert Singer, Assemblywoman Linda Greenstein, Patrica Kelmar. of NJAARP and Kathleen Statue
WHAT: Introduction of legislation providing consumers of insurance products and annuities with new rights and protections.
WHEN: Thursday, February 14, 2008, 11 a.m.
WHERE: Room 103, State House (across from the Senate Chambers)