Chapter688A Life Insurance and Annuity Contracts  


ANNUITY CONTRACTS AND DEPOSIT FUNDS
NAC 688A.110. Purpose and scope of provisions.
NAC 688A.115. Applicability of provisions.
NAC 688A.120. Contract summary: Provision to prospective purchasers.
NAC 688A.130. Contract summary: Preparation.
NAC 688A.135. Contract summary: Contents.
NAC 688A.140. Disclosure of agency and identity of insurance company.
NAC 688A.150. Use of certain professional designations; restriction on fees.
NAC 688A.160. Restrictions on presentations, literature and contract forms.
NAC 688A.170. Maintenance of records.
NAC 688A.180. Effect of failure to provide contract summary.
MINIMUM NONFORFEITURE AMOUNTS FOR DEFERRED ANNUITIES
NAC 688A.200. Rate of interest for determination.
NAC 688A.210. Actuarial certification for certain forms.
MULTIPLE POLICIES OF LIFE INSURANCE
NAC 688A.250. Written standards for processing claims; records substantiating compliance.
NAC 688A.260. Processing of claims: Search for and action on additional policies issued by insurer on life of decedent.
POLICIES OF SMALL FACE AMOUNT
NAC 688A.300. Requirements for disclosure.
STANDARDS OF VALUATION
Determination of Minimum Reserve Liabilities
Preneed Insurance
PURCHASE OR EXCHANGE OF ANNUITIES
NAC 688A.400. Definitions.
NAC 688A.405. “Annuity” defined.
NAC 688A.410. “Buyer’s guide” defined.
NAC 688A.415. “Determinable elements” defined.
NAC 688A.420. “Generic name” defined.
NAC 688A.425. “Guaranteed elements” defined.
NAC 688A.430. “Insurer” defined.
NAC 688A.435. “Nonguaranteed elements” defined.
NAC 688A.440. “Producer of insurance” defined.
NAC 688A.445. “Recommendation” defined.
NAC 688A.450. Applicability of provisions.
NAC 688A.455. Recommendations: Responsibilities of insurer or producer of insurance; corrective action.
NAC 688A.460. Establishment and maintenance of system to supervise recommendations.
NAC 688A.465. Maintenance and availability of records or information regarding purchaser of recommended annuity.
NAC 688A.470. Provision of buyer’s guide and disclosure statement to applicant for annuity.
NAC 688A.475. Provision of annual report to owner of annuity.
PROHIBITED ACTS AND PRACTICES
NAC 688A.500. Engaging in certain acts or practices regarding sales to active duty service members.