NRS 690A.130
Claims.


1.

All claims must be promptly reported to the insurer or its designated representative, and the insurer shall maintain adequate files on all reported claims. All claims must be settled as soon as practicable and in accordance with the terms of the insurance contract.

2.

All claims must be paid by draft drawn upon the insurer, by electronic funds transfer or by check of the insurer to the order of:

(a)

The claimant to whom payment of the claim is due pursuant to the provisions of the policy; or

(b)

Any other person designated by the claimant to whom payment is due.

3.

A plan or arrangement may not be used whereby a person other than the insurer or its designated claim representative is authorized to settle or adjust claims. The creditor may not be designated as the representative for the insurer in adjusting a claim, except that a group policyholder may, by arrangement with the group insurer, draw drafts, electronic transfers or checks in payment of claims due the group policyholder subject to the periodic audit by the insurer.
690A.010
Scope.
690A.011
Definitions.
690A.012
“Compensation” defined.
690A.015
“Credit insurance” and “consumer credit insurance” defined.
690A.016
“Credit life insurance” defined.
690A.017
“Creditor” defined.
690A.018
“Debtor” defined.
690A.045
Amounts of credit life insurance.
690A.050
Amounts of credit accident and health insurance or credit unemployment insurance.
690A.055
Combinations of consumer credit insurance
690A.063
Commencement of consumer credit insurance
690A.067
Term and cancellation of consumer credit insurance.
690A.073
Required disclosures.
690A.075
Acceptance of insurance by insurer other than named insurer
690A.077
Policies and certificates of insurance: Contents
690A.083
Delivery of application or notice of proposed insurance
690A.085
Policies, forms and schedules: Filing
690A.087
Adoption of forms by regulation
690A.093
Establishment of reasonable rates by regulation
690A.095
Filing of revised schedule of premium rates.
690A.097
Refund of unearned premiums
690A.103
Payment for consumer credit insurance without issuance of individual policy or group certificate.
690A.107
Amount charged for consumer credit insurance.
690A.120
Issuance of policies and certificates of consumer credit insurance.
690A.130
Claims.
690A.0135
“Credit accident and health insurance” defined.
690A.140
Existing insurance
690A.0163
“Credit transaction” defined.
690A.0167
“Credit unemployment insurance” defined.
690A.0195
“Gross debt” defined.
690A.0205
“Identifiable charge” defined.
690A.0243
“Net debt” defined.
690A.0247
“Open-end credit” defined.
690A.260
Transfers to unauthorized insurer.
690A.273
Creditor as agent of insurer.
690A.277
Regulations.
690A.280
Administrative penalties
Last Updated

Feb. 5, 2021

§ 690A.130’s source at nv​.us