NRS690A.010. Scope.

  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)