Nevada Administrative Code
Chapter 679B - Commissioner of Insurance
COLLECTION, USE AND DISCLOSURE OF INFORMATION ON TRANSACTIONS OF INSURANCE
Section 679B.695 - Contents of form to authorize disclosure

Universal Citation: NV Admin Code 679B.695

Current through September 16, 2024

No insurance institution, agent or insurance-support organization may use as its disclosure authorization form for use in connection with an insurance transaction a form or statement which authorizes the disclosure of personal or privileged information about a natural person to the insurance institution, agent or insurance-support organization unless the form or statement:

1. Is written in plain language;

2. Is dated;

3. Specifies who may disclose information about the natural person;

4. Specifies the nature of the information authorized to be disclosed;

5. Names the insurance institution or agent;

6. Identifies by generic reference representatives of the insurance institution to whom the natural person is authorizing information to be disclosed;

7. Specifies the purposes for which the information is collected;

8. Specifies the length of time the authorization will remain valid, which must be no longer than:

(a) In the case of authorizations signed to collect information in connection with an application for an insurance policy, the reinstatement of a policy or a request for change in policy benefits:
(1) Thirty months from the date the authorization is signed if the application or request involves life, health or disability insurance; or

(2) One year from the date the authorization is signed if the application or request involves property or casualty insurance; or

(b) In the case of authorizations signed to collect information in connection with a claim for benefits under an insurance policy:
(1) The term of coverage of the policy if the claim is for a health insurance benefit; or

(2) The duration of the claim if the claim is not for a health insurance benefit; and

9. Advises the natural person or a person authorized to act on behalf of the natural person that he or she is entitled to receive a copy of the authorization form.

Added to NAC by Comm'r of Insurance, 10-4-88, eff. 1-1-89

NRS 679B.130

Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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