Any consumer credit insurance issued in connection with loans or other credit transactions for personal, family or household use is subject to the provisions of this chapter except:
1. Insurance written in connection with a credit transaction that is:
(a) Secured by a first mortgage or deed of trust; and
(b) Made to finance the purchase of real property or the construction of a dwelling thereon, or to refinance a prior credit transaction made for that purpose;
2. Insurance that is sold as an isolated transaction on the part of the insurer and not related to an agreement or a plan for insuring debtors of the creditor;
3. Insurance for which no identifiable charge is made to the debtor; or
4. Insurance on accounts receivable.
(Added to NRS by 1971, 1771; A 1987, 2296; 2005, 2144)
Structure Nevada Revised Statutes
Chapter 690A - Credit Insurance
NRS 690A.012 - "Compensation" defined.
NRS 690A.0135 - "Credit accident and health insurance" defined.
NRS 690A.015 - "Credit insurance" and "consumer credit insurance" defined.
NRS 690A.016 - "Credit life insurance" defined.
NRS 690A.0163 - "Credit transaction" defined.
NRS 690A.0167 - "Credit unemployment insurance" defined.
NRS 690A.017 - "Creditor" defined.
NRS 690A.018 - "Debtor" defined.
NRS 690A.0195 - "Gross debt" defined.
NRS 690A.0205 - "Identifiable charge" defined.
NRS 690A.0243 - "Net debt" defined.
NRS 690A.0247 - "Open-end credit" defined.
NRS 690A.045 - Amounts of credit life insurance.
NRS 690A.050 - Amounts of credit accident and health insurance or credit unemployment insurance.
NRS 690A.055 - Combinations of consumer credit insurance; prohibition or limitation by regulation.
NRS 690A.067 - Term and cancellation of consumer credit insurance.
NRS 690A.073 - Required disclosures.
NRS 690A.075 - Acceptance of insurance by insurer other than named insurer; nonacceptance.
NRS 690A.077 - Policies and certificates of insurance: Contents; delivery.
NRS 690A.087 - Adoption of forms by regulation; use of forms by insurer.
NRS 690A.095 - Filing of revised schedule of premium rates.
NRS 690A.107 - Limitation on amount charged for consumer credit insurance.
NRS 690A.130 - Claims: Reporting to insured; maintenance by insurer; settlement; payment.
NRS 690A.260 - Transfers to unauthorized insurer.
NRS 690A.273 - Authority for creditor as agent of insurer to carry out duty imposed on insurer.