Nevada Revised Statutes 688B.110 – Certificate: Provision to policyholder required; filing with Commissioner required for policies made under laws of another state in certain circumstances
1. The group life policy shall contain a provision that the insurer will issue to the policyholder for delivery to each person insured a certificate setting forth a statement in summary form of the essential features of the insurance coverage of such employee or member, to whom benefits thereunder are payable, and the rights and conditions set forth in NRS 688B.120, 688B.130 and 688B.140. If dependents are included in the coverage, only one statement need be issued for each family unit.
Terms Used In Nevada Revised Statutes 688B.110
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
2. The Commissioner may, in the discretion of the Commissioner, require the form of each such certificate proposed to be delivered in this state under a group policy not made under the laws of this state, to be filed with the Commissioner by the insurer for informational purposes only.