Nev. Admin. Code § 690A.115

Current through October 11, 2024

Section 690A.115 - Credit life insurance: Use of different rate for coverage of preexisting condition

If a policy of credit life insurance includes coverage for a preexisting condition, the policy may not include a different rate for coverage of a preexisting condition unless the preexisting condition:

1. Required medical diagnosis or treatment within the 6 months immediately preceding the effective date of coverage; and

2. Causes death within 6 months after the effective date of coverage.

Nev. Admin. Code § 690A.115

Added to NAC by Comm'r of Insurance by R014-06, 3-23-2007, eff. 4-1-2007

NRS 679B.130, 690A.093, 690A.277