NRS688D.050. “Policy of life insurance” defined. [Effective July 1, 2014.]

Latest version.

      1. “Policy of life insurance” means any policy, contract or certificate of life insurance that provides a death benefit.

      2. The term does not include:

      (a) A policy or certificate of life insurance that is used to fund a preneed contract or sales agreement for funeral or burial services pursuant to chapter 689 of NRS;

      (b) A policy or certificate of credit life insurance or credit accident and health insurance pursuant to chapter 690A of NRS; or

      (c) A policy or certificate of accidental death insurance.

(Added to NRS by 2013, 2701, effective July 1, 2014)

                    
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