NAC686B.504. Policy fees.  


Latest version.
  •      1. A policy fee must comply with the provisions set forth in NRS 686B.050 and 686B.060.

         2. An insurer who charges a policy fee shall file the fee with the Commissioner pursuant to NRS 686B.070.

         3. An insurer shall not charge a policy fee for the renewal of a policy of insurance.

         4. As used in this section, “policy fee” means a charge imposed by an insurer for the issuance of a policy of insurance.

     (Added to NAC by Comm’r of Insurance by R151-99, eff. 1-28-2000)