NRS 679B.474. Required disclosures [Effective through December 31, 2029.]

1. 1. Before providing any qualified insurance product to a consumer, a participant or a producer of insurance providing the qualified insurance product shall disclose to the consumer:

   1. (a) The name and contact information of the participant;
   2. (b) The registration number applicable to the qualified insurance product, as issued by the Commissioner pursuant to NRS 679B.478;
   3. (c) The fact that the qualified insurance product may be exempt from certain provisions of this title and certain regulations adopted pursuant thereto, except as otherwise required by the Commissioner pursuant to NRS 679B.478 or 679B.483;
   4. (d) The fact that the participant has been approved to provide the qualified insurance product pursuant to NRS 679B.466 to 679B.483, inclusive, but that the qualified insurance product is not endorsed or recommended by the Commissioner or any governmental agency; and
   5. (e) The fact that the qualified insurance product is provided as part of a test and may be discontinued at or before the end of the test, with the date on which the test is expected to end.
2. 2. The Commissioner may condition approval of an application to participate in the Program on, or require at any time thereafter, the disclosure by a participant of information relating to a qualified insurance product in addition to the disclosures required by subsection 1. The Commissioner shall give written notice to the participant of any additional disclosures required pursuant to this subsection.
3. 3. The disclosures required by subsections 1 and 2, as applicable, must be clear and conspicuous and must be provided in English and Spanish. If the qualified insurance product is provided through an Internet website or mobile application, the consumer must acknowledge receipt of the disclosures before the completion of any transaction.

(Added to NRS by 2025, 2703)