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

1. Law
2. Nevada Revised Statutes
3. Payment of Benefits Upon Death of Insured
4. Insurer to request information sufficient to ensure payment of benefits upon death of insured.

On or before the effective date of a policy of life insurance, annuity or benefit contract or on or before the date of the establishment of a retained asset account, and upon any change in an insured, an owner or a beneficiary, an insurer shall request information sufficient to ensure that all benefits are distributed to the appropriate beneficiary upon the death of the insured.

(Added to NRS by 2013, 2702)

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