Nevada Administrative Code (Last Updated: January 6, 2015)

NAC690A.080. Refund of unearned premium; fulfillment of contract.

Latest version.

A person is entitled to a refund of any unearned premium of $5 or more if the person’s policy or contract is cancelled for any reason, other than death or any other lump-sum payment, before the scheduled date of termination. A contract is considered fulfilled if a lump-sum payment has been made and there are no unearned premiums.

(Added to NAC by Comm’r of Insurance by R131-05, eff. 10-31-2005)

                    
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