NAC679B.615. “Insurance transaction” defined.

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“Insurance transaction” means any transaction involving insurance primarily for personal, family or household needs or any group health policy that involves:

1. The determination of a natural person’s eligibility for insurance coverage, a benefit or a payment; or

2. The servicing of an insurance application, policy, contract or certificate.

Ê The term does not include insurance transactions made for business or professional needs.

(Added to NAC by Comm’r of Insurance, 10-4-88, eff. 1-1-89)

                    
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