Except as otherwise provided in subsection 5 of NRS 695E.200, this chapter applies to all direct insurance, except:

1. 1. Life, annuity, health or disability insurance;
2. 2. Mortgage guaranty, financial guaranty or other forms of insurance offering protection against investment risks;
3. 3. Fidelity or surety bonds or any other bonding obligations;
4. 4. Credit insurance as defined in NRS 690A.015, vendors’ single interest insurance, collateral protection insurance or any similar insurance protecting the interests of a creditor arising out of a creditor-debtor transaction;

5. 5. Insurance of warranties or service contracts, including, without limitation, insurance that provides:

   1. (a) For the repair, replacement or service of goods or property;
   2. (b) Indemnification for the repair, replacement or service of goods or property;
   3. (c) Indemnification for the operational or structural failure of goods or property due to a defect in materials, workmanship or normal wear and tear; or
   4. (d) Reimbursement for the liability incurred by the issuer of agreements or service contracts which provide any benefits described in this subsection;
6. 6. Title insurance;
7. 7. Ocean marine insurance;
8. 8. Any transaction or combination of transactions between a person, including affiliates of the person, and an insurer, including affiliates of the insurer, which involves the transfer of investment or credit risk unaccompanied by the transfer of insurance risk; or
9. 9. Any insurance provided by or guaranteed by a governmental entity.

(Added to NRS by 1971, 1943; A 1973, 312; 1977, 434; 1987, 1333; 1993, 1396; 1995, 1773, 2057; 1997, 579; 1999, 1833; 2021, 111)