Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter686B Rates and Essential Insurance |
MISCELLANEOUS PROVISIONS |
NAC686B.504. Policy fees.
Latest version.
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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)