17B:25-1. "Industrial life insurance" ;Ā  definition
For the purpose of this code,Ā  "Industrial life insurance"Ā  is that form ofĀ  life insurance, issued by an insurer which, as to such insurance, is operatingĀ  under a debit plan of premium collection by agents, and under which theĀ  premiums are payable monthly or oftener and the words "industrial policy" orĀ  words of similar import are printed upon the policy as part of the descriptiveĀ  matter.

L.1971, c. 144, s. 17B:25-1.
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