NRS691C.270. Insurer prohibited from requiring other credit insurance coverage with credit personal property insurance; using gross debt to determine premiums.

Latest version.

      1. An insurer shall not:

      (a) Require the bundling of other credit insurance coverage with the purchase of credit personal property insurance; and

      (b) Use gross debt in any manner to determine the premiums for credit personal property insurance.

      2. A debtor must have a choice to purchase credit personal property insurance separately from other credit insurance coverage.

(Added to NRS by 2005, 2108)

                    
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