Policies and certificates of insurance: Contents; delivery.
Nev. Rev. Stat. § 690A.077
in effect1. All consumer credit insurance must be evidenced by an individual policy or a group certificate that is delivered to the debtor.
2. The individual policy or group certificate must, in addition to other requirements of law, include:
(a) The name and address of the home office of the insurer;
(b) The name of each debtor or, on a certificate of insurance, the identity by name or otherwise of each debtor;
(c) The amount of the premium or payment of the debtor stated separately for each type of coverage or as a package or, for open-end credit, the premium rate, basis of the calculation of premiums and balance to which the premium rate applies;
(d) A complete description of the coverage or coverages, including the amount, term and any exceptions, limitations and exclusions of coverage;
(e) A statement that all benefits must be paid to the creditor to reduce or extinguish the unpaid debt and that if the benefits exceed the unpaid debt, any excess benefit must be paid to the debtor, to a beneficiary, other than the creditor, named by the debtor or to the estate of the debtor; and
(f) If the scheduled term of the insurance is less than the scheduled term of the credit transaction, a statement indicating that fact set forth on the face of the individual policy or certificate of insurance in not less than 10-point bold type.
3. The insurer shall deliver the individual policy or group certificate to the debtor upon acceptance of insurance by the insurer and not more than 30 days after the debtor elects to purchase the insurance. An individual policy or group certificate related to open-end credit or consumer credit insurance that is requested by the debtor after the date of the credit transaction to which it is related shall be deemed to have been delivered at the time the debtor elected to purchase insurance if the actual delivery is made not more than 30 days after the date on which the insurer accepts the insurance.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-690A.htmlFetched: 10/4/2026