Nevada Revised Statutes 687B.010 – Scope
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This chapter applies to all insurance contracts and annuity contracts other than:
Terms Used In Nevada Revised Statutes 687B.010
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
1. Reinsurance.
2. Policies or contracts not issued for delivery in this state nor delivered in this state.
3. Wet marine and transportation insurance.