NAC686A.4665. “Nonguaranteed elements” defined.  


Latest version.
  • “Nonguaranteed elements” means the premiums, benefits, values, credits or charges under a policy of life insurance that are not guaranteed or not determined at the time the policy is issued.

     (Added to NAC by Comm’r of Insurance by R089-97, eff. 1-14-98)