The purpose of this chapter is to protect, within certain limits, the persons specified in subsections 1 and 2 of NRS 686C.030 against failure in the performance of contractual obligations under life insurance, health insurance and annuity policies or contracts specified in subsection 4 of NRS 686C.030 because of the impairment or insolvency of a member insurer issuing such policies or contracts.
NRS 686C.020
Purpose of chapter
Known as the Nevada Life and Health Insurance Guaranty Association Act
The act spans §§ 686–686 (77 sections).
Applied in 1 court decision — leading case 141 Nev. Adv. Op. No. 3 - PROTECTIVE INS. CO. v. STATE, COMM'R OF INS. (2025)
Most recently applied in 141 Nev. Adv. Op. No. 3 - PROTECTIVE INS. CO. v. STATE, COMM'R OF INS. (January 2025)
(Added to NRS by 1973, 302; A 1991, 869; 2001, 1030; 2019, 1084)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.