NAC686A.530. “Sales proposal” defined.  


Latest version.
  •      1. “Sales proposal” means any written aid to a sale, excluding any policy summary which is used by an insurer, agent or broker to compare an existing policy to a proposed policy in support of a recommendation to replace or retain an existing policy.

         2. The term does not include any aid of a generally descriptive nature which is maintained in the insurer’s advertising file.

     [Comm’r of Insurance, LH-3 § 12, eff. 1-4-80]—(NAC A 10-26-84)