Payment of Benefits Upon Death of Insured

  1. Law
  2. Nevada Revised Statutes
  3. Payment of Benefits Upon Death of Insured

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Section
688D.010

Definitions.

Section
688D.020

"Benefit contract" defined.

Section
688D.030

"Death Master File" defined.

Section
688D.040

"Insured" defined.

Section
688D.050

"Policy of life insurance" defined.

Section
688D.060

"Retained asset account" defined.

Section
688D.070

Applicability.

Section
688D.080

Insurer to request information sufficient to ensure payment of benefits upon death of insured.

Section
688D.090

Insurer required to compare policies of life insurance, annuities, benefit contracts and retained asset accounts against Death Master File at least semiannually; requirements of insurer upon match; presumption of abandonment; records.

Section
688D.100

Insurer prohibited from charging insured or beneficiary fees for search or verification.

Section
688D.110

Notice to State Treasurer upon reversion by escheat; contents; transfer to State Treasurer of unclaimed benefit and interest.

Section
688D.120

Order of Commissioner: Authorization to search only electronically; approval of timeline to make files searchable electronically; exemption; approval of plan for compliance.

Section
688D.130

Failure to comply constitutes unfair trade practice.

Section
688D.140

Regulations.