In New Jersey. The following statement has been added to Section VIII Cancellation of This Agreement: If You cancel Your Agreement within thirty (30) days of receipt of Your Agreement and do not receive a refund or credit within forty five (45) days of receipt of the returned service contract, a ten percent (10%) penalty per month shall be applied to the refund. The following statement has been added: This is not a contract of insurance. Obligations of the provider under this service contract are guaranteed under a service contract reimbursement insurance policy issued by Virginia Surety Company, Inc. with home offices located at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇. 11th Floor, Chicago, IL 60604, 1‐800‐209‐6206. If we fail to pay any valid claims within sixty (60) days after proof of loss has been filed of if the Obligor becomes insolvent or otherwise financially impaired,, You are entitled under state law to make a claim directly against Virginia Surety Company, Inc. at the address shown above.
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