Nevada Administrative Code
Chapter 688A - Life Insurance and Annuity Contracts
ANNUITY CONTRACTS AND DEPOSIT FUNDS
Section 688A.110 - Purpose and scope of provisions
Universal Citation: NV Admin Code 688A.110
Current through February 27, 2024
1. NAC 688A.110 to 688A.180, inclusive, require insurers to deliver to prospects for annuity contracts, or for deposit funds accepted in conjunction with life insurance policies or annuity contracts, information which:
(a) Helps the prospect select an annuity, a
deposit fund, or both, appropriate to the prospect's needs;
(b) Improves the prospect's understanding of
the basic features of the plan under consideration; and
(c) Improves the prospect's ability to
evaluate the relative benefits of similar plans.
2. NAC 688A.110 to 688A.180, inclusive, do not prohibit the use of additional material which is not in violation of this regulation or of law.
Comm'r of Insurance, LH-7 § 2, eff. 2-6-80
NRS 679B.130
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