NRS 691C.290
Offer to extend coverage.

An offer to extend coverage for an open-end credit transaction must include, at the time of the invitation to contract, a written disclosure or, if the solicitation is made by telephone and the written disclosure is mailed to the debtor not later than 10 days after enrollment, an oral summary of the written disclosure. The written disclosure must be in not smaller than 12-point type and be in substantially the following form:
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This coverage may duplicate existing coverage if you have a residential property insurance policy. It applies to any item of covered property on which you owe a debt. This coverage is primary, so it is the first source to be used in the event of a loss on property it covers. You may cancel this coverage at any time by calling the insurer during business hours at the telephone number provided to you or by writing to the insurer. We are charging you a premium that may be based on subjects for which a claim cannot be made, such as services, meals or other consumables, entertainment, finance or service fees, loan interest, delivery charges or other insurance premiums.
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Source: Section 691C.290 — Offer to extend coverage., https://www.­leg.­state.­nv.­us/NRS/NRS-691C.­html#NRS691CSec290.

691C.010
Definitions. 691C.020
“Closed-end credit” defined. 691C.030
“Collateral” defined. 691C.040
“Compensation” defined. 691C.050
“Credit agreement” defined. 691C.060
“Credit personal property insurance” defined. 691C.070
“Credit transaction” defined. 691C.080
“Creditor” defined. 691C.090
“Creditor-placed insurance” defined. 691C.100
“Debtor” defined. 691C.110
“Dual-interest insurance” defined. 691C.120
“Experience” defined. 691C.130
“Experience period” defined. 691C.140
“Finance charge” defined. 691C.150
“Gross debt” defined. 691C.160
“Identifiable charge” defined. 691C.170
“Incurred losses” defined. 691C.180
“Loss ratio” defined. 691C.190
“Net debt” defined. 691C.200
“Nonfiling insurance” defined. 691C.210
“Open-end credit” defined. 691C.220
“Reverse competition” defined. 691C.230
“Single-interest insurance” defined. 691C.240
Scope. 691C.250
Credit personal property insurance sold in conjunction with closed-end credit transaction 691C.260
Coverage. 691C.270
Insurer prohibited from requiring other credit insurance coverage with credit personal property insurance 691C.280
Required disclosures. 691C.290
Offer to extend coverage. 691C.300
Individual policy or certificate of insurance: Contents 691C.310
Delivery of individual policy or certificate of insurance. 691C.320
Policies, forms and schedules: Filing 691C.330
Adoption of forms by regulation 691C.340
Use of certain rates without filing rates with Commissioner 691C.350
Approved rates 691C.360
Open-end credit transactions. 691C.370
Report of credit personal property insurance. 691C.380
Transfers to unauthorized insurer. 691C.390
Refund of unearned premiums upon cancellation 691C.400
Claims. 691C.410
Settlement or adjustment of claims. 691C.420
Debtor ineligible for coverage 691C.430
Regulations. 691C.440
Administrative fines
Last Updated

Feb. 5, 2021

§ 691C.290’s source at nv​.us