Nev. Rev. Stat. § 686A.028 – Unfair or deceptive methods, acts or practices: Offering or selling policy of travel insurance that could never result in payment of claim; marketing blanket travel insurance as free | Midpage
§ 686A.028
Nev. Rev. Stat. § 686A.028
Unfair or deceptive methods, acts or practices: Offering or selling policy of travel insurance that could never result in payment of claim; marketing blanket travel insurance as free
Effective Oct 1, 2023(Added to NRS by 2023, 3283)
1. It constitutes an unfair method of competition or an unfair or deceptive act or practice in the business of insurance to:
(a) Offer or sell a policy of travel insurance that could never result in payment of any claims for any insured under the policy; or
(b) Market blanket travel insurance as free.
2. As used in this section:
(a) “Blanket travel insurance” has the meaning ascribed to it in NRS 691E.030.
(b) “Travel insurance” has the meaning ascribed to it in NRS 691E.160.