NAC687B.610. Vendor single interest policies: Marking.

     1. Each vendor single interest policy issued on a risk located in Nevada must have imprinted or stamped on the face in red, or have a red imprinted sticker on the face, with the following wording:

     This policy provides SINGLE INTEREST insurance only—which protects the interest of the DEALER OR FINANCIAL INSTITUTIONS and not the purchaser.

     2. The purchaser’s copy of the sales contract must have the same printing, stamp or sticker placed upon it in red.

     3. If the original policy is retained by the vendor or mortgagee, the purchaser must be provided with a copy of the certificate of insurance which must be imprinted, stamped or marked as required by this section.

     4. This section does not apply to life or accident and health insurance.

     [Comm’r of Insurance, PC-1, eff. 9-23-72]