Nev. Admin. Code § 681A.Sec. 8 - NEW

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"Covered policy" means:

1. A life insurance policy with guaranteed non-level gross premiums or guaranteed nonlevel benefits other than a flexible premium universal life insurance policy; or

2. A flexible premium universal life insurance policy with provisions resulting in the ability of a policyholder to keep a policy in force over a secondary guarantee period.

Notes

Nev. Admin. Code § 681A.Sec. 8

Added to NAC by Comm'r of Insurance by R187-22A, eff. 12/14/2022

NRS 679B.130, 681A.130, 681A.145

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