reglab/housing_qa huggingface dataset:
NV Rev Stat § 687B.160 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.160 - Execution of policies.

  1. Every insurance policy must be executed in the name of and on behalf of the insurer by its officer, attorney-in-fact, employee or representative duly authorized by the insurer.  2. Any such executing individual may use, in lieu of an original signature:  (a) A facsimile signature; or  (b) An electronic signature pursuant to the provisions of chapter 719 of NRS.  3. An insurance contract issued before, on or after January 1, 1972, which is otherwise valid is not rendered invalid by reason of the apparent execution thereof on behalf of the insurer by the imprinted facsimile signature of an individual not authorized so to execute as of the date of the policy.  (Added to NRS by 1971, 1718; A 1997, 1625; 2003, 2806)
NV Rev Stat § 687B.170 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.170 - Underwriters’ and combination policies.

  1. Two or more authorized insurers may jointly issue, and shall be jointly and severally liable on, an underwriters’ policy bearing their names. Any one insurer may issue policies in the name of an underwriter’s department and such policy shall plainly show the true name of the insurer.  2. Two or more insurers may, with the approval of the Commissioner, issue a combination policy which shall contain provisions substantially as follows:  (a) That the insurers executing the policy shall be severally liable for the full amount of any loss or damage, according to the terms of the policy, or for specified percentages or amounts thereof, aggregating the full amount of insurance under the policy; and  (b) That service of process, or of any notice or proof of loss required by such policy, upon any of the insurers executing the policy, shall constitute service upon all such insurers.  3. This section does not apply to cosurety obligations.  (Added to NRS by 1971, 1719)
NV Rev Stat § 687B.180 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.180 - Validity and construction of noncomplying forms.

  1. A policy delivered or issued for delivery after January 1, 1972, to any person in this state in violation of this Code but otherwise binding on the insurer, shall be held valid, but shall be construed as provided in this Code.  2. Any condition, omission or provision not in compliance with the requirements of this Code and contained in any policy, rider or endorsement issued after January 1, 1972, and otherwise valid shall not thereby be rendered invalid but shall be construed and applied in accordance with such condition, omission or provision as would have applied had the same been in full compliance with this Code.  (Added to NRS by 1971, 1719)
NV Rev Stat § 687B.182 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.182 - Binders: Issuance; effective dates.

  1. A binder may be issued only by a resident or nonresident agent appointed by the insurer which is to issue the policy.  2. Except as provided in subsection 3, a binder must not be effective for more than 90 days.  3. The effective period of a binder may be extended 30 days at a time with the written approval of the Commissioner.  (Added to NRS by 1983, 1120)
NV Rev Stat § 687B.183 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.183 - Binders: Forms; required statement; delivery.

  1. All written binders must be made on forms approved by the Commissioner.  2. A binder related to a policy of insurance which provides coverage of less than $1,000,000 must contain a statement printed in at least 10-point bold type that any person who refuses to accept the binder as proof of insurance pursuant to the provisions of NRS 687B.186 is subject to the penalties provided in that section.  3. If a binder is in writing, one copy must be delivered either in person or by mailing first class to:  (a) The insured; and  (b) The insurer providing coverage under the binder,  within 24 hours after the binder becomes effective.  (Added to NRS by 1983, 1120; A 1985, 1161)
NV Rev Stat § 687B.184 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.184 - Binders: Form and premium for policy issued as replacement.

  1. A policy which is issued to replace a binder must include:  (a) Limits of coverage which are equal to the limits stated in the binder; and  (b) An effective date for the policy which is the same as the effective date of the initial binder.  2. The premium for such a policy must include the charge for the period covered by the binder and that charge must be in accordance with rates filed with the Commissioner pursuant to chapter 686B of NRS.  (Added to NRS by 1983, 1120)
NV Rev Stat § 687B.185 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.185 - Binders: Prohibition of use to lower premiums.

An insurer may not use a binder as a means to lower a premium which an insured is charged.  (Added to NRS by 1983, 1121)
NV Rev Stat § 687B.186 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.186 - Binders: Proof of insurance coverage.

  1. A binder which is issued in accordance with NRS 687B.182 to 687B.187, inclusive, shall be deemed a policy for the purpose of proving that a person has insurance coverage.  2. Any party to a contract or other agreement who refuses to accept such a binder as proof of insurance when that proof is required by that contract or agreement:  (a) Shall be fined not more than $500.  (b) Is liable to the party presenting the binder as proof of insurance for actual damages sustained therefrom.  3. The provisions of this section do not apply to a binder related to a policy of insurance which provides coverage of at least $1,000,000.  (Added to NRS by 1983, 1121; A 1985, 1161)
NV Rev Stat § 687B.187 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.187 - Binders: Disapproval of insurer.

NRS 687B.182 to 687B.187, inclusive, do not prevent the exercise of a right to disapprove of the insurer or its representative on the basis of:  1. The adequacy and terms of the coverage with respect to the interest of the vendor, lender, lessor or other person providing a service to the insured;  2. The financial standards to be met by the insurer; or  3. The ability of the insurer or its representative to service the policy.  (Added to NRS by 1983, 1120)
NV Rev Stat § 687B.190 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.190 - Delivery of policy.

  1. If the original policy is delivered or is so required to be delivered to or for deposit with any vendor, mortgagee or pledgee of any motor vehicle, in which policy any interest of the vendee, mortgagor or pledgor in or with reference to such vehicle is insured, a duplicate of such policy setting forth the name and address of the insurer, insurance classification of vehicle, type of coverage, limits of liability, premiums for the respective coverages and duration of the policy, or memorandum thereof containing the same such information, shall be delivered by the vendor, mortgagee or pledgee to each such vendee, mortgagor or pledgor named in the policy or coming within the group of persons designated in the policy to be so included. If the policy does not provide coverage of legal liability for injury to persons or damage to the property of third parties, a statement of such fact shall be printed, written or stamped conspicuously on the face of such duplicate policy or memorandum.  2. This section does not apply to inland marine floater policies.  (Added to NRS by 1971, 1719)
NV Rev Stat § 687B.200 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.200 - Assignability.

  1. The purpose of this section is to confirm and clarify the right to provide for an assignment by which a person covered by a life or health insurance policy may divest himself or herself of all incidents of ownership provided by the policy, including the conversion privileges of the policy.  2. Any person insured under a life or health insurance policy may make an assignment of all or any part of the incidents of ownership of the person under the policy, including, but not limited to, the privilege to have issued to the person an individual policy of life or health insurance pursuant to the provisions of this Code and the right to name a beneficiary. Subject to the terms of the policy or agreement between the insured, the policyholder and the insurer relating to assignment of incidents of ownership thereunder, such an assignment by an insured, whenever made, is valid for the purpose of vesting in the assignee all of the incidents of ownership so assigned. Such an assignment does not prejudice the insurer on account of any payment it may make or individual policy it may issue prior to receipt of notice of the assignment.  3. This section also applies to contracts issued by organizations for dental care and nonprofit hospital, medical and dental service corporations.  (Added to NRS by 1971, 1720; A 1983, 2029)
NV Rev Stat § 687B.210 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.210 - Payment discharges insurer.

  1. Whenever the proceeds of or payments under a life or health insurance policy or annuity contract issued before, on or after January 1, 1972, become payable in accordance with the terms of the policy or contract, or the exercise of any right or privilege thereunder, and the insurer makes payment thereof in accordance therewith or in accordance with any written assignment thereof, the person then designated as being entitled thereto is entitled to receive the proceeds or payments and to give full acquittance therefor, and the payments fully discharge the insurer from all claims under the policy or contract unless, before payment is made, the insurer has received at its home office written notice by or on behalf of some other person that the other person claims to be entitled to the payment or some interest in the policy or contract.  2. This section also applies to contracts issued by organizations for dental care and nonprofit hospital, medical and dental service corporations.  (Added to NRS by 1971, 1720; A 1983, 2029; 1997, 1625)
NV Rev Stat § 687B.220 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.220 - Forms for proof of loss to be furnished.

Upon receiving due notice of a claim of loss under an insurance contract issued or assumed by it, an insurer shall promptly furnish to the insured claimant such forms of proof of loss as it may require, for completion by such person, but such insurer shall not, by reason of the requirement so to furnish forms, have any responsibility for or with reference to the completion of such proof or the manner of any such completion or attempted completion.  (Added to NRS by 1971, 1720)
NV Rev Stat § 687B.225 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.225 - Requirements for contracts for payment of cost of medical or dental care which require prior authorization of care.

  1. Except as otherwise provided in NRS 689A.0405, 689A.0413, 689A.044, 689A.0445, 689B.031, 689B.0313, 689B.0317, 689B.0374, 695B.1912, 695B.1914, 695B.1925, 695B.1942, 695C.1713, 695C.1735, 695C.1745, 695C.1751, 695G.170, 695G.171 and 695G.177, any contract for group, blanket or individual health insurance or any contract by a nonprofit hospital, medical or dental service corporation or organization for dental care which provides for payment of a certain part of medical or dental care may require the insured or member to obtain prior authorization for that care from the insurer or organization. The insurer or organization shall:  (a) File its procedure for obtaining approval of care pursuant to this section for approval by the Commissioner; and  (b) Respond to any request for approval by the insured or member pursuant to this section within 20 days after it receives the request.  2. The procedure for prior authorization may not discriminate among persons licensed to provide the covered care.  (Added to NRS by 1983, 2028; A 1985, 2098; 1997, 307, 1729; 1999, 1943; 2007, 3236)
NV Rev Stat § 687B.240 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.240 - Administration of claims not waiver.

Without limitation of any right or defense of an insurer otherwise, none of the following acts by or on behalf of an insurer shall be deemed to constitute a waiver of any provision of a policy or of any defense of the insurer thereunder:  1. Acknowledgment of the receipt of notice of loss or claim under the policy.  2. Furnishing forms for reporting a loss or claim, for giving information relative thereto, or for making proof of loss, or receiving or acknowledging receipt of any such forms or proofs completed or uncompleted.  3. Investigating any loss or claim under any policy or engaging in negotiations looking toward a possible settlement of any such loss or claim.  (Added to NRS by 1971, 1721)
NV Rev Stat § 687B.250 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.250 - Payment not to constitute admission of liability or waiver of defenses.

  1. No payment or payments made by any person, or by an insurer of the person by virtue of a liability insurance policy, on account of bodily injury or death or damage to or loss of property of another shall constitute an admission of liability or waiver of defenses as to such injury, death, loss or damage, or be admissible in evidence in any action brought against the insured person or the insurer of the person for damages, indemnity or benefits arising out of such injury, death, loss or damage, unless pleaded as a defense to the action.  2. All such payments shall be credited upon any settlement made by, or judgment rendered in such an action against, the payer or the insurer of the payer, and in favor of any person to whom or on whose account payment was made.  (Added to NRS by 1971, 1721)
NV Rev Stat § 687B.255 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.255 - Insurer to pay claim with negotiable instrument.

If an insurer is required to pay a claim, the insurer shall pay that claim with an instrument which is immediately negotiable. An insurer shall be deemed to have complied with the provisions of this section if the insurer enters into an agreement, with a bank located in this state, which provides that the bank will accept the insurer’s drafts in as timely a manner as it accepts the insurer’s checks.  (Added to NRS by 1989, 1799)
NV Rev Stat § 687B.260 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.260 - Exemption of proceeds of certain policies.

  1. If a policy of insurance, whether issued before, on or after January 1, 1972, is effected by any person on his or her own life, or on another life, in favor of a person other than himself or herself, or, except in cases of transfer with intent to defraud creditors, if a policy of life insurance is assigned or in any way made payable to any such person, the lawful beneficiary or assignee thereof, other than the insured or the person so effecting such insurance or executors or administrators of the insured or the person so effecting such insurance, is entitled to its proceeds and avails against the creditors and representatives of the insured and of the person effecting the same, whether or not the right to change the beneficiary is reserved or permitted and whether or not the policy is made payable to the person whose life is insured or to the executors or administrators of such person if the beneficiary or assignee predeceases the person. Except as otherwise provided in this subsection, such proceeds and avails are exempt from all liability for any debt of the beneficiary existing at the time the proceeds and avails are made available for the use of the beneficiary. Subject to the statute of limitations, the amount of any premiums for such insurance paid with intent to defraud creditors, with interest thereon, inures to the benefit of the creditors from the proceeds of the policy. The insurer issuing the policy is discharged of all liability thereon by payment of its proceeds in accordance with its terms, unless, before the payment, the insurer has received written notice at its home office, by or in behalf of a creditor, of a claim to recover for transfer made or premiums paid with intent to defraud creditors, with specification of the amount claimed along with such facts as will assist the insurer to ascertain the particular policy.  2. For the purposes of subsection 1, a policy shall also be deemed to be payable to a person other than the insured if and to the extent that a facility-of-payment clause or a similar clause in the policy permits the insurer to discharge its obligation after the death of the individual insured by paying the death benefits to a person as permitted by such a clause.  3. This section does not apply to insurance issued pursuant to this Code to a creditor covering his or her debtors to the extent that such proceeds are applied to payment of the obligation for the purpose of which the insurance was so issued.  (Added to NRS by 1971, 1722; A 1997, 1625)
NV Rev Stat § 687B.270 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.270 - Exemption of proceeds: Health insurance.

  1. Except as otherwise expressly provided by the policy or contract, the proceeds and avails of all contracts of health insurance and of provisions providing benefits on account of the disability of the insured which are supplemental to life insurance or annuity contracts effected before, on or after January 1, 1972, are exempt from all liability for any debt of the insured, and from any debt of the beneficiary existing at the time the proceeds are made available for the use of the beneficiary.  2. This section does not apply to insurance issued pursuant to this Code to a creditor covering his or her debtors to the extent that such proceeds are applied to payment of the obligation for the purpose of which the insurance was so issued.  (Added to NRS by 1971, 1722; A 1997, 1626)
NV Rev Stat § 687B.280 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.280 - Exemption of proceeds: Group insurance.

  1. A policy of group life insurance or group health insurance or the proceeds thereof payable to the individual insured or to the beneficiary thereunder shall not be liable, either before or after payment, to be applied by any legal or equitable process to pay any debt or liability of such insured individual or his or her beneficiary or of any other person having a right under the policy. The proceeds thereof, when not made payable to a named beneficiary or to a third person pursuant to a facility-of-payment clause, shall not constitute a part of the estate of the individual insured for the payment of the debts of the individual insured.  2. This section does not apply to group insurance issued pursuant to this Code to a creditor covering his or her debtors, to the extent that such proceeds are applied to payments of the obligation for the purpose of which the insurance was so issued.  (Added to NRS by 1971, 1723)
NV Rev Stat § 687B.290 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.290 - Exemption of proceeds: Annuities; assignability of rights.

  1. The benefits, rights, privileges and options which under any annuity contract issued prior to or after January 1, 1972, are due or prospectively due the annuitant shall not be subject to execution nor shall the annuitant be compelled to exercise any such rights, powers or options, nor shall creditors be allowed to interfere with or terminate the contract, except as to amounts paid for or as premium on any such annuity with intent to defraud creditors, with interest thereon, and of which the creditor has given the insurer written notice at its home office prior to the making of the payment to the annuitant out of which the creditor seeks to recover. Any such notice shall specify the amount claimed or such facts as will enable the insurer to ascertain such amount, and shall set forth such facts as will enable the insurer to ascertain the annuity contract, the annuitant and the payment sought to be avoided on the ground of fraud.  2. If the contract so provides, the benefits, rights, privileges or options accruing under such contract to a beneficiary or assignee shall not be transferable or subject to commutation, and the same exemptions and exceptions contained in this section for the annuitant shall apply with respect to such beneficiary or assignee.  (Added to NRS by 1971, 1723; A 2011, 3571)
NV Rev Stat § 687B.300 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.300 - Retention of proceeds of policy by insurer.

  1. Any life insurer shall have power to hold payment of proceeds, as has been agreed to in writing by the insurer and the insured or beneficiary. The insurer shall not be required to segregate funds so held but may hold them as a part of its general corporate assets.  2. The provisions of this section shall not impair or affect any rights of creditors under NRS 687B.260 or 687B.290.  (Added to NRS by 1971, 1724)
NV Rev Stat § 687B.310 (2021)
2021 Nevada Revised Statutes|Chapter 687B - Contracts of Insurance|NRS 687B.310 - Cancellations and nonrenewals; scope of application.

  1. NRS 687B.310 to 687B.420, inclusive, apply to all binders and all contracts of insurance the general terms of which are required to be approved or are subject to disapproval by the Commissioner, except as otherwise provided by statute or by rule pursuant to subsection 3.  2. The contract may provide terms more favorable to policyholders than are required by NRS 687B.310 to 687B.420, inclusive.  3. The Commissioner may by rule exempt from NRS 687B.310 to 687B.420, inclusive, classes of insurance contracts where the policyholders do not need protection against arbitrary termination.  4. The rights provided by NRS 687B.310 to 687B.420, inclusive, are in addition to and do not prejudice any other rights the policyholder may have at common law or under other statutes.  5. NRS 687B.310 to 687B.420, inclusive, do not prevent the rescission or reformation of any life or health insurance contract not otherwise denied by the terms of the contract or by any other statute.  6. Any notice to an insured required pursuant to NRS 687B.320 to 687B.350, inclusive, must be personally delivered to the insured or mailed first class or certified to the insured at the address of the insured last known by the insurer. The notice must state the effective date of the cancellation or nonrenewal and be accompanied by a written explanation of the specific reasons for the cancellation or nonrenewal.  (Added to NRS by 1971, 1724; A 1971, 1949; 1983, 1121; 1987, 985, 1063; 1993, 2399; 2003, 3313)