Contractual liability insurance policy defined.
Nev. Rev. Stat. § 690C.040
in effectContractual liability insurance policy means a policy of insurance that is issued to a provider to either:
1. Reimburse the provider under the terms of a service contract issued or sold by the provider; or
2. If the provider does not satisfy his or her obligation under a service contract, pay on behalf of the provider any money the provider has an obligation to pay under the service contract.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-690C.htmlFetched: 10/4/2026