Nevada Insurance Exam Guides
Pick the license you're studying for. Each guide covers Nevada-specific requirements, fees, and official links — plus a free practice exam. Then scroll down to explore the Nevada exam's state-law material, mapped.
Free study resource
What's actually tested on the Nevada exam — the state regulations, mapped
Every Nevada insurance exam reserves a block of questions for Nevada-specific law — the fees, deadlines, limits, and rules that generic national study guides gloss over. This is that material: 186 facts from the TESTivity Nevada regulations curriculum, organized the way we teach them. Open a branch, explore, and let the structure do some of the remembering for you.
Every fact below carries its source citation and the date we last verified it (most recently August 2026) — and is re-checked on a schedule. Facts marked tested are ones you should expect to see on the exam.
Life 24 facts
The life insurance rules that differ by state — free look, grace, reinstatement.
- Incontestability period tested2 years, and read the operator: NRS 688A.080 requires the policy to be incontestable "after it has been in force during the lifetime of the insured for a period of not more than 2 years after its date of issue" - 2 years is a CEILING on the contestable period, not a floor. Carve-outs: nonpayment of premiums, and, at the insurer's option, total-and-permanent-disability and accidental-death provisions
- What incontestability does NOT close off testedA separate section limits it. NRS 688A.170 provides that an incontestability clause "shall preclude only a contest of the validity of the policy, and shall not preclude the assertion at any time of defenses based upon provisions in the policy which exclude or restrict coverage." So an excluded-risk defence - the suicide clause among them - survives the 2 years. This is the sentence most often cut
- Grace period for individual life tested30 days, or at the insurer's option "1 month of not less than 30 days," or 4 weeks for an industrial policy with premiums payable more often than monthly. The insurer may charge interest "not in excess of 6 percent per annum" for the days of grace elapsed, and grace "shall date from the premium due date specified in the policy." A claim arising in grace is paid net of the due premium
- Grace period for an annuity, and how it differs testedAnnuities get their own section and a slightly different formula: NRS 688A.190 gives "1 month, but not less than 30 days" with the same 6 percent interest option. Life's section offers the insurer a choice of 30 days OR a month; the annuity section states the month and floors it at 30 days
- Window to reinstate a lapsed life policy tested3 years from the date of premium default, on written application, evidence of insurability satisfactory to the insurer, and payment of all premiums in arrears "and any interest due thereon." Three conditions defeat it outright: the policy was surrendered for cash value, its cash value has been exhausted, or the paid-up term insurance has expired
- Is reinstatement interest capped? testedNOT for life. NRS 688A.130 says "any interest due thereon" and fixes no rate at all. The 6 percent figure people attach to this answer belongs to two other places: the GRACE-period charge at 688A.060, and the ANNUITY reinstatement section at 688A.240, which caps interest at "not exceeding 6 percent per annum payable annually" and allows only 1 year rather than 3
- Suicide exclusion, and the section it hides in testedNevada's suicide clause is in NEITHER the required-provisions run nor the prohibited-provisions section. It is at NRS 688A.260, "Provisions limiting liability," drafted as a prohibition with five permitted exceptions - and the pin cite runs three levels deep, to 688A.260(1)(b)(5): "Death within 2 years from the date of issue of the policy as a result of suicide, while sane or insane"
- What the insurer still owes on an excluded death testedDo not stop at the exclusion. NRS 688A.260(2) requires any policy using a subsection (1)(b) exclusion to "also provide that in the event of death under the circumstances to which any such exclusion or restriction is applicable, the insurer will pay an amount not less than a reserve determined according to the Commissioners Reserve Valuation Method," adjusted for indebtedness or dividend credit. A Nevada suicide inside the 2 years is NOT a zero payout
- The other four permitted exclusions testedSuicide is one of five, all inside 688A.260(1)(b): (1) war or military service; (2) aviation or air travel; (3) a hazardous occupation or avocation; (4) residence outside the continental United States and Canada; and (5) suicide within 2 years. And 688A.260(1)(a) separately bars any provision limiting the time to sue to "less than 3 years after the cause of action has accrued"
- Free look for life AND annuity - one section, two numbers testedOne section covers both, and its opening carries the exception that explains its own subsection (2): NRS 688A.165 begins "No annuity contract, pure endowment contract or policy of life insurance, other than a replacement contract or policy, may be delivered ...". Subsection (1) gives 10 days from delivery for an ordinary purchase, refunding "any premium paid therefor, including any contract or policy fees or other charges." Subsection (3) excludes industrial life. These are FLOORS on what the policy must promise
- Free look when the contract replaces another tested30 days, at NRS 688A.165(2), and the trigger is the transaction rather than the product - the same section, the same sentence structure, triple the days. NRS 688A.180(1) then pulls 688A.165 into the annuity and pure-endowment standard-provisions package
- Free look for long-term care tested30 days after delivery, and it is a REGULATION rather than a statute: NAC 687B.060. A denied application means a full refund, and any refund "must be made within 30 days" after the return. Read where the group carve-out sits: subsection 1 gives the return right to "an applicant for long-term care insurance" without qualification, and it is subsection 5 that excepts the NOTICE requirement of subsection 2 for "a certificate issued pursuant to a long-term care insurance contract issued to a group described in subsection 1 of NAC 687B.025"
- Required nonforfeiture options testedNevada's Standard Nonforfeiture Law is NRS 688A.290 to 688A.360, and 688A.290(2) carries eight lettered required provisions. The paid-up nonforfeiture benefit is elected "not later than 60 days after the due date of the premium in default"; the cash surrender value is available on surrender within 60 days of that due date, after premiums paid at least 3 full years for ordinary and 5 for industrial. NRS 688A.290(4) lets the insurer defer payment of a cash surrender value 6 months
- What Nevada requires to sell variable products testedThe Nevada side is the Life line of authority; variable contracts run through separate accounts under NRS 688A.390. The securities registration that also gates the sale is FEDERAL, and no Nevada statute or regulation names a registration body, a series number or an examination for it
- Does Nevada regulate viatical settlements? testedYes, in its own chapter, NRS 688C. Providers, brokers and viatical settlement investment agents are licensed under 688C.190(1), with issuance criteria at 688C.200(1)(a)-(e) including evidence of financial responsibility of "not less than $250,000" by bond or deposit - a floor. Suspension and revocation run on twelve lettered grounds at 688C.210(1)(a)-(l)
- The viator's rescission window, and its operator testedThe window is defined in a different section from the right. NRS 688C.095 defines "rescission period" as "the shorter period of 60 days after the date on which a viatical settlement is signed by all parties thereto or 30 days after the viator receives the proceeds" - shorter of, so payment closes it early. NRS 688C.300(1) then requires BOTH notice and full repayment inside that period, and 688C.300(2) deems the settlement rescinded if the insured dies during it, with repayment due within 60 days after the death
- A different window for the purchaser testedThree business days, and it belongs to the buyer rather than the viator: NRS 688C.300(4) gives a purchaser of viatical settlements 3 business days to rescind after receiving the disclosures required by NRS 688C.262 and 688C.264
- Has Nevada adopted the NAIC best interest standard? testedYes by regulation - and the codified NAC does not show it. LCB File No. R109-23, approved in 2023, adopts the NAIC 2020 best-interest standard: a producer recommending an annuity "shall act in the best interest of the consumer under the circumstances known at the time the recommendation is made, without placing the financial interest of the producer or insurer ahead of the interest of the consumer." The published NAC chapter 688A still displays the pre-2020 suitability sections at NAC 688A.400 to 688A.475 and contains no best-interest text, so cite the register file rather than a NAC section number
- Annuity training, and who enforces it testedA one-time 4-credit course before soliciting annuity sales, under R109-23. Producers already holding a life licence when it took effect had 6 months; a new licensee may not sell annuities until it is done. Enforcement is exclusive: R109-23 section 26(3) vests authority "exclusively with the Commissioner," with penalties to $2,000 per violation - and, unlike the NAIC model, the regulation contains no express clause denying a private right of action
- Misstatement of age - and where sex is added testedLife adjusts on age alone: NRS 688A.090 pays "such as the premium would have purchased at the correct age or ages." The ANNUITY section, NRS 688A.220, reaches age OR sex, and adds a recovery mechanism the life section has no equivalent of - an overpayment "with interest at the rate to be specified in the contract but not exceeding 6 percent per annum, may be charged against the current or next succeeding payment"
- Two different death-claim clocks testedTwo instruments, two jobs. NRS 688A.140 is a required POLICY provision and caps what the insurer may write into the contract: any period the insurer specifies before settlement "shall not exceed 2 months from the receipt of such proofs." NRS 688A.410 is a freestanding statutory DUTY: pay "not more than 30 days after the death of the insured," and if late, interest at a rate "not less than the current rate of interest on death proceeds on deposit with the insurer" running "from the date of death"
- When interest on death proceeds starts running testedFrom the DATE OF DEATH, not from receipt of proof and not from day 31. NRS 688A.410 says so in terms, and the rate is expressed as a floor rather than a fixed figure. Group life carries the identical structure at NRS 688B.190
- Is policy loan interest capped by statute? testedNo percentage appears anywhere. NRS 688A.110(1) allows a loan after "3 full years' premiums have been paid," at "a fixed or variable rate of interest as may be approved by the Commissioner" - the control is approval, not a number. The insurer may defer a loan 6 months unless it is to pay a premium, and a policy terminated for indebtedness exceeding loan value dies only after "at least 30 days' notice has been mailed" to the owner and any assignee of record. 688A.110(2) exempts term policies, term riders and industrial life
- Group life conversion, and the notice that extends it tested31 days from termination of employment or of membership in an eligible class, without evidence of insurability, on any form the insurer then customarily issues EXCEPT term insurance, at the attained age. And read NRS 688B.160: if the individual is not given notice at least 15 days before the 31 days expire, an additional period runs to 15 days after notice - but "in no event shall such additional period extend beyond 60 days" after the original expiry
Health 26 facts
Health coverage rules — continuation, prompt pay, mandates, public programs.
- Has the state expanded Medicaid under the ACA? testedYES — Nevada expanded Medicaid under the ACA (adults up to 138% of the federal poverty level), effective January 1, 2014
- Effective date of expansion, if expanded testedJanuary 1, 2014
- Agency administering Medicaid testedThe Nevada Department of Health and Human Services, Division of Health Care Financing and Policy (DHCFP)
- Federal marketplace or state-based exchange testedA STATE-BASED exchange — Nevada Health Link, operated by the Silver State Health Insurance Exchange (SSHIX). Nevada moved off HealthCare.gov to its own platform for plan year 2020.
- Name of the state CHIP program testedNevada Check Up (Nevada's CHIP program, administered by DHCFP)
- Clean-claim decision deadline tested30 days to APPROVE OR DENY after the insurer receives the claim, then a further 30 days to pay once approved. NRS 689A.410(1) sets both, with parallel sections for group, small employer, administrators, non-profit hospital and medical service corporations, health maintenance organizations and dental plans
- The extension clock, when more is needed testedIf the insurer needs more information or time, NRS 689A.410(2) requires notice to the claimant within 20 days of receiving the claim, and then a decision within 30 days after receiving the additional information. 689A.410(3) bars re-requesting information already submitted unless there is a legitimate reason and no purpose of delay or harassment, and 689A.410(4) forbids paying only part of an approved and fully payable claim
- Does Nevada split electronic and paper claim deadlines? testedNO - and this is the most common wrong answer about Nevada. NAC 686A.290 is one sentence and it draws no distinction: "The time for a payer to adjudicate and pay claims pursuant to NRS 683A.0879, 689A.410, 689B.255, 689C.485, 695B.2505, 695C.185 and 695D.215 begins when the payer receives a clean claim." One clock, one trigger, whatever the medium
- Interest on a late claim payment testedA formula, not a flat rate: "the prime rate at the largest bank in Nevada, as ascertained by the Commissioner of Financial Institutions, on January 1 or July 1, as the case may be, immediately preceding the date on which the payment was due, plus 6 percent." Costs and reasonable attorney's fees go to the prevailing party, and interest is waivable only for "an act of God or another cause beyond the control of the insurer"
- What actually exposes an insurer to a fine testedTwo alternative floors, and falling below EITHER is the trigger. NRS 689A.410(7) lets the Commissioner require evidence of payment within 30 days of "at least 95 percent of approved claims" or "at least 90 percent of the total dollar amount" for approved claims; 689A.410(8) then supplies the administrative fine or suspension of the certificate of authority
- Is the external review decision binding? testedOne-directionally. NRS 695G.290(1): "If the determination of an independent review organization concerning an external review of an adverse determination is in favor of the covered person, the determination is final, conclusive and binding upon the health carrier." It binds the carrier when the covered person wins; the statute does not make an adverse decision binding on the covered person. And 695G.290(3) puts the cost of the review on the carrier
- Who may file an external review, and by when tested4 months after receiving notice of the adverse determination, under NRS 695G.251(1) - and note both the filer set and the destination. The covered person, the covered person's PHYSICIAN in his or her own right, or an authorized representative may file, and the request goes to the OFFICE FOR CONSUMER HEALTH ASSISTANCE, not to the carrier and not to the Division
- The review clocks, and what the 15 days runs from testedThe Office notifies all parties within 5 days and assigns an organization from the NRS 683A.3715 list on a rotating basis; the carrier delivers the full record within 5 days of that assignment. The reviewer then has 5 days to say if more information is needed, and decides "within 15 days after it receives the information required to make that determination" - the 15 days runs from complete information, not from filing
- Employer size at which federal COBRA applies testedFederal COBRA applies at 20 or more employees. In most states that is only half the picture, because a state continuation law catches the smaller groups. In Nevada it is the whole picture - see the next row
- Does Nevada have a state continuation right? testedNO. NRS 689B.245, Nevada's mini-COBRA section, was REPEALED - see chapter 541, Statutes of Nevada 2013, at page 3661. Chapter 689B now runs from .110 directly to .250 with nothing between them, chapter 689A has no continuation section, and chapter 689C has none across .015 to .940. A Nevada employee below the federal COBRA threshold relies on the Exchange
- The one continuation-flavoured mandate that survives testedIt has nothing to do with termination of employment. NRS 689B.0345 requires a provision continuing coverage for an employee or member "on leave without pay as a result of total disability." That is the only continuation mandate left in chapter 689B, and it is a disability-leave rule
- Election window for Nevada state continuation testedThere is none, because the right no longer exists. Any Nevada study material giving an election window, a duration of 18 or 36 months, or a premium of 102 or 125 percent is describing NRS 689B.245, repealed in 2013
- Premium percentage for Nevada continuation testedNone published, for the same reason. The percentage figures that circulate for Nevada are federal COBRA's 102 percent, or the repealed section's own terms
- Free look for individual accident and health tested10 days from delivery, at NRS 689A.170(1), with a carve-out that is the whole question: the right does not reach "nonrenewable accident policies and individual credit health insurance policies." The provision needs an appropriate caption, and a conspicuous notice on the face page if it is not printed there. On return the policy is "void as from the beginning and as if the policy had not been issued"
- Grace period, tiered by premium mode testedThree tiers and they are MINIMA, printed inside a fill-in-the-blank sentence: "not less than 7 for weekly premium policies, 10 for monthly premium policies and 31 for all other policies." Where the insurer has reserved a right not to renew, the provision must be preceded by a 30-day advance notice clause
- Required and optional provisions, and the direction of the optional list testedNRS 689A.040(1) requires the provisions at NRS 689A.050 to 689A.170 "in the words in which the provisions appear" - sixteen sections in the current code, the twelve classic uniform provisions plus four Nevada additions. NRS 689A.180 then covers NRS 689A.190 to 689A.270, nine sections, and it is a RESTRICTION rather than a menu: an insurer addressing one of those subjects must use the statutory words. There is no NRS 689A.280
- Medicare supplement free look tested30 days after delivery, prominently noticed on the first page or attached to it, under NAC 687B.240(5) - and the mandatory outline-of-coverage language at NAC 687B.250(7) repeats it under the caption "RIGHT TO RETURN POLICY." Three times the individual health right at NRS 689A.170, and it is a regulation rather than a statute
- Does Nevada have a Medicare supplement birthday rule? testedYES, and it is worth knowing precisely because most states do not. NRS 687B.352(1) requires an annual open enrollment "commencing with the first day of the birthday month of the person and remaining open for at least 60 days thereafter," during which the person may buy any Medicare supplemental policy the insurer offers with "the same or lesser benefits." It is a birthday-MONTH window, not continuous open enrollment, and it is same-or-lesser-benefits only
- What the birthday rule forbids, and the notice it requires testedDuring the window there is no denial, conditioning or price discrimination "based on the health status, claims experience, receipt of health care or medical condition." Notice must go out at least 30 days but not more than 60 days before it begins, stating the dates, the rights and any benefit or premium change. And commissions may not be varied for a birthday-rule purchase - it must be treated as a renewal
- Medicare supplement below 65 testedAn insurer offering Medigap in Nevada must let a person under 65 who is enrolled in Medicare by reason of disability or end-stage renal disease buy any policy it offers to new insureds 65 and older. The pricing is tiered: for Standardized Benefit Plan A, B or D, no more than the rate for a person "exactly 65 years of age"; for other standardized plans, no more than 200 percent of that rate. Open enrollment runs from the first day of the first month of Part B enrolment for at least 6 months
- Long-term care producer training, and the licence it presupposes testedA person may not sell, solicit or negotiate long-term care insurance unless licensed as a producer for HEALTH insurance - the line of authority is part of the rule - and has completed an initial course of at least 8 hours, with at least 4 hours in every 24-month period thereafter. Training may not be insurer- or product-specific. The insurer must obtain and retain verification before permitting sales
Auto 18 facts
Auto insurance — minimum limits, fault system, required coverages.
- Fault system testedTort. Nevada is an at-fault state with no personal injury protection anywhere in NRS chapter 690B or chapter 485. What it has instead is a mandatory OFFER of medical payments coverage of at least $1,000, which the insured may decline
- Minimum bodily injury liability per person tested$25,000 for bodily injury to or death of one person in any one crash - and the statute says "In the amount of," a flat figure rather than a minimum
- Minimum bodily injury liability per occurrence tested$50,000 for bodily injury to or death of two or more persons in any one crash, and it is expressly "subject to the limit for one person"
- Minimum property damage liability tested$20,000 for injury to or destruction of property of others in any one crash
- The compulsory shorthand, and its operator tested25/50/20 - and the operator is flat. NRS 485.185(1) says "In the amount of $25,000," "in the amount of $50,000" subject to the per-person limit, and "In the amount of $20,000." Not "not less than." The parallel motor-vehicle-liability-policy section, NRS 485.3091(1)(b)(1)-(3), reads the same way. Mopeds are outside the section entirely, at 485.185(2)
- Uninsured motorist - mandatory, offer-only, or neither? testedMANDATORY unless rejected. NRS 690B.020(1) is drafted as a delivery prohibition: "no policy insuring against liability arising out of the ownership, maintenance or use of any motor vehicle may be delivered or issued for delivery in this State unless coverage is provided." The next clause is the whole answer - no coverage is required "where rejected in writing, on a form furnished by the insurer describing the coverage being rejected, by an insured named therein, or upon any renewal of such a policy unless the coverage is then requested in writing by the named insured." The rejection carries forward through every renewal
- How much uninsured motorist coverage must be provided testedHere the operator flips. NRS 690B.020(2): the amount "must be not less than the minimum limits for liability insurance for bodily injury provided for under chapter 485 of NRS, but may be in any greater amount." So 25/50 is a floor for UM, while 25/50/20 is a flat figure for compulsory liability - two operators in two chapters
- What counts as an uninsured vehicle testedSix lettered paragraphs at NRS 690B.020(3)(a)-(f), and the last one has two conjunctive conditions: a phantom vehicle qualifies only on BOTH physical contact with the insured or the insured's vehicle AND a police report within the time set by NRS 484E.030, 484E.040 or 484E.050. An insured vehicle is treated as uninsured on carrier insolvency where the insolvency existed at the time of, or within 2 years after, the occurrence
- Underinsured motorist - a different rule in a different chapter testedOFFER-ONLY, and it lives at NRS 687B.145(2) rather than in chapter 690B: the sentence opens "Except as otherwise provided in subsection 5" and then requires insurers to "offer, on a form approved by the Commissioner, uninsured and underinsured vehicle coverage in an amount equal to the limits of coverage for bodily injury sold to an insured under a policy of insurance covering the use of a passenger car or motorcycle." Subsection 5 takes general commercial liability, excess and umbrella policies out of it. The insurer "is not required to reoffer the coverage" on a replacement, reinstatement, substitute or amended policy - but "each renewal must include a copy of the form offering such coverage"
- The underinsured trigger, and what it is NOT testedA damages trigger, not a limits comparison. The coverage must let the insured "recover up to the limits of the insured's own coverage any amount of damages for bodily injury ... to the extent that those damages exceed the limits of the coverage for bodily injury carried by that owner or operator." So the test is whether the tortfeasor's limits are exhausted by the damages, not whether the two policies' face limits differ. A further clause reaches damages exceeding the NRS 41.035 governmental cap
- One consequence of paying underinsured benefits testedThe insurer loses its subrogation. NRS 687B.145(4): an insurer who pays an injured person on account of underinsured vehicle coverage "is not entitled to subrogation against the underinsured motorist who is liable for damages to the injured payee"
- Personal injury protection, and what Nevada has instead testedNo PIP statute exists in Nevada. NRS 687B.145(3) instead requires the insurer to "offer an insured under a policy covering the use of a passenger car or motorcycle, the option of purchasing coverage in an amount of at least $1,000" for reasonable and necessary medical expenses. That $1,000 is a floor on what must be OFFERED - not a mandate to buy and not a cap
- Comparative negligence, and the exact operator testedModified comparative negligence. NRS 41.141(1): the plaintiff's negligence "does not bar a recovery if that negligence was not greater than the negligence or gross negligence of the parties to the action against whom recovery is sought." NOT GREATER THAN - so a plaintiff at exactly 50 percent still recovers, reduced by half. And the comparison is against the defendants COLLECTIVELY, per 41.141(2)(a)'s "combined negligence of multiple defendants"
- The bar percentage tested51 percent. A plaintiff whose share is greater than the defendants' combined negligence recovers nothing; at 50 percent exactly, recovery survives and is reduced. Calling Nevada a "50 percent bar" state inverts the rule
- The residual market, and what authorizes it testedNot an auto-only assigned risk plan. NRS 686B.180(1) lets the Commissioner, after a hearing and on a finding that "essential insurance coverage is not readily available in the voluntary market," promulgate plans by regulation for risks "equitably entitled to but otherwise unable to obtain" coverage. Participation is COMPULSORY for insurers and their agents in the covered kinds, at 686B.180(3), and NRS 686B.210 establishes the Nevada Essential Insurance Association
- Any alternative to buying a policy testedOne, and it is narrow. NRS 485.185(1) requires insurance "provided by an insurance company licensed by the Division of Insurance" and permits no bond or deposit in its place. NRS 485.380(1) allows a certificate of self-insurance to "any person in whose name more than 10 motor vehicles are registered" - eleven or more - on a showing of ability to pay judgments and security in an amount set by Department regulation rather than by statute. The bonds and deposits in NRS 485.210 to 485.309 belong to the proof-of-financial-responsibility regime that runs AFTER a crash or judgment
- Can limits be stacked? testedAnti-stacking clauses are PERMITTED, not required - and they are conditionally void. NRS 687B.145(1) lets a policy provide that recovery under more than one policy "may equal but not exceed the higher of the applicable limits," prorated in proportion to the limits. But the limiting provision "must be in clear language and be prominently displayed," and it "is void if the named insured has purchased separate coverage on the same risk and has paid a premium calculated for full reimbursement under that coverage"
- Household and named-insured exclusions testedPermitted, and heavily formalised. NRS 687B.147 allows a private passenger policy to exclude, reduce or limit liability for bodily injury to another named insured or a household member, but only on a Commissioner-approved disclosure form "printed in at least 12-point type," carrying a prescribed acknowledgment sentence and a list of names that "must be handwritten by the insured and followed by the full signature of the insured." It continues until the insured rejects it in writing, and must be re-disclosed at every renewal
CE & Renewal 12 facts
Continuing education and renewal rules — the numbers the exam loves.
- How long a Nevada producer licence lasts testedThree years, and the section that says so is captioned for it - NRS 683A.261, "Issuance, PERIOD OF VALIDITY, renewal, failure to renew ...". Subsection 10 supplies the precision: the first renewal date is "the last day of the month which is 3 years after the month in which the Commissioner originally issued the license," and every renewal after that falls on the last day of the month 3 years after the month the licence was last due to be renewed. The two fee statutes price the same cycle: NRS 680B.010(5) prints "Triennial renewal of each license ... 125" and NRS 680C.110(4)(d) a $60 initial and $60 triennial fee
- What the renewal date keys off testedThe MONTH OF ORIGINAL ISSUANCE, and the LAST day of it. NRS 683A.261(10) makes the first renewal date "the last day of the month which is 3 years after the month in which the Commissioner originally issued the license," and each later one the last day of the month 3 years after the month the licence was last due to be renewed. Not a birthday, not a calendar anniversary, and not the first day of anything. NRS 683A.261(2) then requires three things by that date rather than one: the renewal request, all applicable fees for renewal, and any education or other renewal requirement satisfied
- CE hours per renewal period tested30 hours of approved continuing education "within the 3-year period before the date of renewal," of which "three of the 30 hours ... must be in the subject of ethics," under NAC 683A.330. The remaining hours must relate to the lines of authority held
- Do extra lines of authority add hours? testedNo. The 30 hours are the licensee's total for the period however many lines the licence carries; what changes is the subject matter the non-ethics hours must cover
- Ethics hours testedThree of the 30, and they are carved out of the total rather than added to it - "three of the 30 hours of continuing education must be in the subject of ethics"
- Who reports the credits, and who pays for reporting testedThe provider reports, not the licensee. Approved education providers submit credit data to the Division through Sircon "as soon as possible upon completion of the course," and are charged $1 per hour per student for reporting credits. The licensee's job is to check the transcript on Sircon - which is also how the Division verifies compliance at renewal
- The two training gates that sit outside the 30 hours testedLong-term care: an initial course of at least 8 hours plus at least 4 hours every 24 months, under NAC 687B.051, and the producer must hold the HEALTH line to sell it at all. Annuities: a one-time 4-credit course under R109-23, with 6 months allowed to producers already licensed when it took effect. Both are conduct gates triggered by what you sell, not by what the licence says
- What a late renewal costs, and where the figures come from testedThe penalties are proportional and statutory. NRS 683A.261 allows renewal within 30 days after expiration on payment of "a penalty of 50 percent of all applicable fees for renewal," and lets a natural person reapply within 12 months without re-examination on payment of "a penalty of twice all applicable fees for renewal." Applied to the $125 renewal fee at NRS 680B.010(5), that is $62.50 and $250
- The published late and reinstatement amounts testedNIPR publishes $247.50 to renew late and $435 to reinstate for a Nevada producer - which is exactly $185 plus the statutory 50 percent penalty on the $125 component, and $185 plus twice it. NIPR prints $250 rather than $247.50 on its RESIDENT renewal page while printing $247.50 on the nonresident one, for what is the same statutory penalty. A producer in "Failure to Renew - CE" status must reinstate directly with Nevada rather than through NIPR
- Nevada's CE exemption, and what it is not testedFive designations or twenty years, and it exempts you from CE only. The DOI's licensing FAQ and its CE Exemption Request Form (rev 5.29.26) both name CPCU, CLU, CIC, ChFC and CFP - and neither names FLMI or LUTCF. The alternative route is 20 years of continuous experience in insurance as the applicant's primary source of income. Nothing in Nevada waives the licensing EXAMINATION for a designation
- When the renewal window opens testedNinety days before expiration, per NIPR's Nevada renewal page and the DOI's licensing FAQ, which says "All licensees receive a renewal notice 90 days before their license expiration date via email." The DOI's own renewals page separately describes the courtesy notice as going out "approximately two months prior" - the two pages disagree about the notice, not about the window
- How long a passing exam result lasts testedOne year, and it is in the regulation rather than only on a web page. NAC 683A.270: "The examination must have been successfully completed within 1 year immediately preceding the date of application for the license." The DOI and the candidate handbook both say one year; NIPR's Nevada page says two, and no Nevada source supports it
Property 14 facts
Property insurance — rate regulation, residual markets, catastrophe exposure.
- Rate regulation system (file-and-use / prior approval / use-and-file) testedFILE-AND-USE — insurers file rates at least 30 days before use, and a filing is deemed approved if the Commissioner does not act
- Is insurance credit scoring permitted in personal lines? testedPERMITTED but heavily RESTRICTED — a credit score may not be the SOLE basis for an adverse action, and an insurer may not use income, gender, ZIP code, ethnicity, religion, or marital status in a credit model; the credit report must be pulled within 90 days
- Is there a FAIR plan? testedNevada has no property FAIR plan of the kind that exists in coastal and urban states. What it has is a general residual-market power at NRS 686B.180 and the Nevada Essential Insurance Association at NRS 686B.210, plus a separate apportionment mechanism for workers' compensation at NRS 686B.1771. Hard-to-place property goes to the surplus lines market
- Dominant catastrophe perils in the state testedWildfire (a growing driver of nonrenewals), flood and flash flood, and EARTHQUAKE — Nevada is one of the most seismically active states — plus windstorm; earthquake and flood are covered by separate endorsements or the NFIP
- What it takes to hold a Nevada surplus lines licence testedA waiting period other states do not impose. NRS 685A.120 requires the applicant to have "been licensed by this State as a producer of insurance for general lines for at least 6 months," or to hold and keep a surplus lines licence in another state - plus competence, trustworthiness, the application, the fees and an EXAMINATION. The licence then "continues in force for 3 years"
- How diligent effort is proved testedNevada sets no number of declinations. NRS 685A.040 requires that "the full amount of insurance required must not be procurable from an insurer authorized to engage in the business of insurance in this State, after diligent effort has been made to do so," and forbids export merely to obtain a lower premium. The proof is a report filed within 90 days of effecting the coverage under NRS 685A.050, which stays in the broker's office and "must not be removed" from it, open to examination for 5 years
- Does Nevada prescribe a standard fire policy? testedNO. There is no 165-line standard fire policy statute and no prescribed fire form. NRS chapter 691A, the property insurance chapter, holds five sections and none prescribes a form. NRS 687B.140 is a generic referral rule pointing back to whatever the Code requires for particular kinds of insurance; the actual control on fire wording is the general form filing and approval requirement at NRS 687B.120. The only place the phrase appears in Nevada law is a definitional gloss inside a credit-insurance regulation, NAC 691C.030(1)(b)
- Does Nevada have a valued policy law? testedNO. No statute requires payment of the face amount on a total loss by fire. What NRS 691A.020 does is narrower in every dimension: an insurer of certain MANUFACTURED OR MOBILE HOMES must OFFER coverage paying replacement value on a total loss, replacement value being "the amount needed to repair, replace or rebuild" without depreciation. One property class, offer-only, replacement cost rather than face amount. Nevada otherwise settles on the policy's own valuation clause
- Wildfire, and a 2025 change testedNRS 691A.035, added by A.B. 376 (2025), does two things at once: an insurer "may exclude the peril of wildfire from the coverage provided under the policy," and an insurer may "issue a policy of property insurance that solely covers the peril of wildfire." Section 27(3) of the act made it effective 1 January 2026 for all purposes other than rulemaking
- Surplus lines premium tax, and where the rate comes from tested3.5 percent - and it takes two statutes to get there. NRS 685A.180 makes the broker pay quarterly "at the same rate of tax as imposed by law on the premiums of similar coverages written by authorized insurers," and that cross-reference lands on NRS 680B.027(1), which sets 3.5 percent. Nothing prints the figure in the surplus lines chapter itself
- Is association membership required, and is there a stamping fee? testedMembership is mandatory; the fee is not fixed by statute. NRS 685A.075 authorizes a nonprofit organization of surplus lines brokers, allows it to "charge a Commissioner-approved filing fee for coverage review," and provides that "a broker must be a member of such an organization as a condition of continued licensure under this chapter." No percentage and no dollar amount appears in the NRS - do not publish a stamping-fee rate sourced to the statute
- A ceiling on what the broker may charge tested20 percent. NRS 685A.155 lets the first broker engaged charge a fee, but that fee "and any other commissions, fees and charges payable to that broker must not exceed 20 percent of the premium paid by the insured," unless the insurer and broker agree otherwise
- The claim-handling clocks, and the unit trap testedNevada switches between working days and plain days from sentence to sentence, and "days" is defined nowhere in NAC chapter 686A. Acknowledge a claim: 20 WORKING days. Begin an investigation: 20 WORKING days. Complete the investigation: 30 PLAIN days, with a reasonableness escape. Advise acceptance or denial after proofs of loss: 30 WORKING days, then further notice every 30 days. Never state a Nevada claim deadline without its unit
- The statute that runs alongside the regulations testedNRS 690B.012 puts a casualty claim on the same shape as a health claim: approve or deny within 30 days of receipt, pay within 30 days of approval, notify within 20 days if more information or time is needed and at least once every 30 days thereafter, and decide within 30 days of the additional information or 31 days after the last timely notice, whichever is later. Late payment carries interest at the NRS 99.040 rate
Guaranty 15 facts
The safety nets when an insurer fails — and their limits.
- Name of the life & health guaranty association testedThe Nevada Life and Health Insurance Guaranty Association, under NRS chapter 686C
- Life death benefit and cash value cap tested$300,000 in death benefits "with respect to one life, regardless of the number of policies or contracts" - but "not more than $100,000 in net cash for surrender and withdrawal for life insurance." The $100,000 is carved out of the same coverage rather than stacked beside it, and the unit is PER LIFE
- The lead-in that governs every figure below it testedEverything in NRS 686C.210(1) is subject to "the lesser of" - the member insurer's own contractual obligations, or the listed amount. Every number in the section is a ceiling on the Association, never an entitlement
- Annuity benefits tested$250,000 in the present value of benefits from annuities, including net cash for surrender and withdrawal, per life. Note that it sits in the same paragraph as the life death benefit as an alternative - 686C.210(1)(b)(1) OR (1)(b)(2)
- Health tiers, and the noun on the top one testedThree tiers, all per life, at NRS 686C.210(1)(c): $100,000 for coverages that are none of the others, including net cash surrender and withdrawal; $300,000 for DISABILITY INCOME or LONG-TERM CARE, which share a tier; and $500,000 for HEALTH BENEFIT PLANS, a defined term whose meaning comes from NRS 687B.470 by way of subsection 5 of the section rather than a fourth subparagraph
- The aggregate, and the two figures inside it testedNRS 686C.210(2)(a) caps the Association, with respect to any one life or person under paragraphs (b) to (e) of subsection 1, at "an aggregate of $300,000 in benefits, excluding benefits for health benefit plans" OR "an aggregate of $500,000 in benefits, including benefits for health benefit plans." Which figure applies turns on whether a health benefit plan is in the mix
- Three more units, and one of them is not a life testedThe unit changes paragraph by paragraph and the statute says so each time. Structured settlement annuities are measured PER PAYEE - $250,000 in present value in the aggregate, at 686C.210(1)(d). A governmental retirement plan's unallocated annuity contract is measured PER PARTICIPANT - an aggregate of $250,000 "regardless of the number of contracts," at (1)(e). And 686C.210(2)(b) is measured PER OWNER: no more than $5,000,000 to one owner of several nongroup life policies, whether a natural person or an organization
- Does Nevada follow the NAIC model limits? testedOn the headline figures yes - $300,000 in death benefits, $100,000 in cash surrender and withdrawal value, $250,000 in annuity present value, and the three health tiers. Where Nevada rewards close reading is not the numbers but the UNITS, which the statute restates paragraph by paragraph: per life, per payee, per participant, per owner
- Name of the P&C guaranty association testedThe Nevada Insurance Guaranty Association - note the statutory noun is "Insurance," not "Property and Casualty." Its chapter reaches all direct insurance EXCEPT life, annuity, health and disability, mortgage and financial guaranty, fidelity and surety, credit, warranty and service contracts, title, ocean marine, and government-provided coverage
- The property and casualty caps, and their three different units testedOne subparagraph each, and only one of the three carries $300,000. NRS 687A.060(1)(a)(1): "the entire amount of the claim" for WORKERS' COMPENSATION - uncapped. (1)(a)(2): "not more than $10,000 for each policy" for the return of UNEARNED PREMIUM - per policy. (1)(a)(3): "the limit specified in a policy or $300,000, whichever is less, FOR EACH OCCURRENCE" for anything else - per occurrence, and the lesser of, so the Association never pays more than the failed insurer would have
- Is there a minimum-claim floor? testedNo. NRS 687A.060 states maxima only - there is no deductible and no threshold below which the Association declines to pay. Nevada omits the small-claim floor that the NAIC property and casualty model carries
- Net-worth exclusions, and the two provisos that reverse them testedNevada DOES have them, at two different levels. NRS 687A.033(g) excludes a FIRST-party claim by an insured whose net worth exceeds $10,000,000 on 31 December of the year before the insolvency; (h) excludes a THIRD-party claim relating to such an insured above $25,000,000. Then read on: net worth "shall be deemed to include the aggregate net worth of the insured and all of the insured's subsidiaries and affiliates as calculated on a consolidated basis," and "the provisions of paragraphs (g) and (h) do not apply to a claim for workers' compensation"
- The deadline that closes the door testedThe earlier of two dates. NRS 687A.033(e)(1)-(2) excludes a claim filed more than 25 months after the order of liquidation, or after the court's final claims bar date, whichever comes first - with one carve-back, for a workers' compensation claim reopened under NRS 616C.390 or 616C.392. The section also excludes punitive or exemplary damages, fines and penalties, retrospective-plan premium returns, other insurers' subrogation and contribution recoveries, and "a claim for interest"
- Is using either association to sell prohibited? testedYes for both, and the section covering both is not in either guaranty chapter. NRS 686A.055, in the TRADE PRACTICES chapter, bars an insurer or its agent or employee from any advertisement "which uses the existence of the Nevada Insurance Guaranty Association or the Nevada Life and Health Insurance Guaranty Association for the purpose of inducing the purchase of, or discouraging the termination of, any insurance covered by the Association." The last three words matter - the ban reaches advertising about coverage the association actually provides. Its last sentence exempts the associations themselves. NRS 686C.390 adds a life-and-health-specific ban; chapter 687A has no advertising section of its own
- What the life and health association does not cover testedNRS 686C.035 is the exclusion list, and the entries that decide exam questions are the non-guaranteed portions and any portion where the owner bears the investment risk, unassumed reinsurance, the portion of an interest rate exceeding a Moody's-benchmark measure, self-funded employer plans and multiple employer welfare arrangements, policies issued when the insurer lacked authority, EXTRA-CONTRACTUAL CLAIMS including bad faith and punitive damages, and Medicare and Medicaid plans
Workers Comp 10 facts
Who must carry workers' compensation and what it pays.
- Is coverage mandatory, and from which employee? testedFrom the first employee. NRS 616B.612(1) requires "every employer" to provide and secure compensation for injuries "arising out of and in the course of the employment," and no numerical threshold appears anywhere - Nevada has no three-employee or five-employee trigger. Travel for which an employee receives wages is deemed in the course of employment, and 616B.612(4) supplies the exclusive remedy
- The exemptions, and how many there are testedNine numbered exclusions from the definition of "employee" at NRS 616A.110 - casual work outside the employer's business, stage performers, musicians for engagements "not lasting more than 2 consecutive days," household domestic and agricultural labour, voluntary ski patrollers, sports officials paid a nominal fee, clergy, licensed real estate brokers and salespersons, and direct sellers meeting three conditions. Several are elective-coverage categories rather than absolute bars - a real estate licensee may elect in under NRS 616A.220
- Agency administering workers' compensation testedThe Division of Industrial Relations, in the same Department of Business and Industry as the Division of Insurance - so Nevada regulates the insurer and the compensation system through two sibling divisions of one department
- Temporary total disability rate, and where the cap actually is tested66 2/3 percent of the average monthly wage, at NRS 616C.475(1). The cap is not in that section - it is built into the DEFINITION of the wage. NRS 616A.065(1) makes the average monthly wage the LESSER of the wage actually received or "one hundred fifty percent of the state average weekly wage ... multiplied by 4.33." Note the unit: 150 percent of a WEEKLY figure, then multiplied out, not 150 percent of a monthly one
- The waiting period, and its two alternative tests testedFive days, satisfied either way: NRS 616C.400(1) pays nothing for an injury not incapacitating the employee "for at least 5 consecutive days, or 5 cumulative days within a 20-day period" - and once the threshold is met, "compensation must then be computed from the date of the injury," so the waiting days are ultimately paid. There is no separate longer retroactivity trigger. Medical benefits carry no waiting period at all, under 616C.400(2)(a)
- Permanent partial disability, and the rate per point testedEach 1 percent of whole-person impairment is compensated at 0.6 percent of the average monthly wage for injuries on or after 1 January 2000 - NRS 616C.490(8)(d), the last of four dated tiers. Payment continues "for 5 years or until the claimant is 70 years of age, whichever is LATER," and 616C.490(6) forbids considering any factor other than the degree of physical impairment. The insurer has 14 days after receiving the evaluation to give the employee a copy and state what is due
- The three claim clocks testedThree numbers in two sections and they are routinely swapped. Written notice to the EMPLOYER: "as soon as practicable, but within 7 days after the accident," on the Administrator's form, at NRS 616C.015(1). Claim to the INSURER: within 90 days after the accident, at NRS 616C.020(1). A dependant's death claim: within 1 year after the death, at 616C.020(2)
- How an employer complies, and whether a state fund exists testedNO STATE FUND. NRS 616A.270 defines "insurer" exhaustively as a self-insured employer, an association of self-insured public employers, an association of self-insured private employers, or a private carrier - four categories, none of them a state fund. Nevada's former state system was privatized around 1999 to 2000. A covered subcontractor may also be reached through a principal's consolidated insurance program under 616B.612(2)
- What it takes to self-insure testedThree floors, all in one section. NRS 616B.300 requires initial "tangible net worth of not less than $2,500,000"; after three years an alternative test uses net cash flows of five times the average of claims paid over the last three years or $7,500,000, whichever is less; and the security bond "in no event may ... be less than 105 percent of the employer's expected annual incurred cost of claims, or less than $100,000"
- Choosing a treating physician testedNevada is a PANEL state with one free change. The Administrator maintains an annually updated panel; where there is no managed care contract the employee chooses from it and may make "one alternative selection within 90 days after the injury," any further change needing insurer approval or a hearing officer's order. Under a managed care contract the same one-change rule applies, and a request must be "granted or denied within 10 days" or it is DEEMED APPROVED
Regulator 21 facts
Who regulates insurance here and what powers the office holds.
- Name of the state insurance regulator testedThe Nevada Division of Insurance, a division inside the Department of Business and Industry rather than a standalone department
- Title of the person who heads it testedCommissioner of Insurance, and NRS 679B.020 is the section that says so: "The chief officer of the Division is the Commissioner appointed as provided in NRS 232.820." The same section bars the Commissioner from competing occupational activity, other public office, and soliciting political contributions
- How the Commissioner is chosen - and which title says so testedNot elected, and not appointed by the Governor. NRS 232.820: the Commissioner "is appointed by and responsible to, and serves at the pleasure of, the DIRECTOR OF THE DEPARTMENT OF BUSINESS AND INDUSTRY," and is in the unclassified service. And note where that sits - NRS chapter 232 is in TITLE 18, the state executive department title, not in Title 57. A guide citing only NRS 679B.020 has the title of the office but not the appointment
- What the Commissioner must have, and may not own testedAt least 2 years of responsible experience in the field of insurance - administration, sales, law, counseling or education - under NRS 679B.030, which also bars the Commissioner from being a stockholder in or connected with the management of any insurance company, brokerage or agency
- Where the state's insurance law is codified testedTitle 57 of the Nevada Revised Statutes, chapters 679A to 697, with the regulations in the Nevada Administrative Code. Two of the answers a producer needs are outside Title 57 altogether: the Commissioner's appointment at NRS 232.820 in Title 18, and the compulsory auto limits at NRS 485.185 in Title 43
- Does the regulator sit somewhere unusual (e.g. inside a constitutional commission)? testedMildly. Insurance sits as a DIVISION inside the Department of Business and Industry, and the Commissioner is appointed by, responsible to, and serves at the pleasure of that Department's Director - not the Governor, and not the electorate. The appointment power is one department removed from the office it fills
- Single act, or a general business practice? testedA SINGLE ACT, and this reverses most national training. NRS 686A.020 prohibits "a person" from engaging "in any practice which is defined in NRS 686A.010 to 686A.310, inclusive" as an unfair method of competition or an unfair or deceptive act - no frequency threshold anywhere in it. NRS 686A.310(1) opens the claims list the same way: "Engaging in any of the following activities is considered to be an unfair practice"
- Do the unfair practices statutes reach a producer? testedYes on the face of the section, which is unusual. NRS 686A.020 prohibits "A PERSON" - not an insurer - from engaging in the practices, so a producer is squarely inside the Act without needing a definitional bridge from another section
- How many unfair claims practices are listed testedSixteen, lettered (a) through (p) at NRS 686A.310(1). The four at the end are the ones national material tends to omit: (m) failing to comply with NRS 687B.310 to 687B.390 or 687B.410; (n) failing to give an insured a prompt reasonable explanation of the basis for a denial or settlement offer; (o) advising an insured or claimant not to seek legal counsel; and (p) misleading an insured or claimant about an applicable statute of limitations
- Is there a private right of action? testedYes, and its beneficiary is narrow. NRS 686A.310(2): "In addition to any rights or remedies available to the Commissioner, an insurer is liable to ITS INSURED for any damages sustained by the insured as a result of the commission of any act set forth in subsection 1 as an unfair practice." Read the words - the remedy runs to the insured, which is the statutory footing of Nevada's first-party bad-faith action
- Penalty ceilings, by actor testedProducers are capped an order of magnitude lower than everyone else. NRS 686A.183(1)(a) sets "not more than $5,000" per act for a knowing violator - but the same paragraph provides that "as to licensed agents, brokers, solicitors and adjusters" the fine "must not exceed $500" per act. Under the licensing chapter, NRS 683A.461(3) runs "not less than $25 nor more than $500" for each violation - a floor AND a ceiling. Transacting without a licence: not more than $1,000 per violation, at NRS 683A.201(3)
- Disciplinary grounds, and how they are numbered testedFourteen, and they are NUMBERED subsections rather than lettered paragraphs - so the pin cite reads NRS 683A.451(4), never 683A.451(1)(d). The chapeau is the sanctions menu rather than a ground, and it caps suspension at "not more than 12 months." Grounds 8 and 9 reach conduct "in this State or elsewhere" and discipline in any other state, territory or province
- Who files an appointment, and when the clock starts testedThe INSURER files, "within 15 days after the contract is executed or the first application for insurance is submitted" - the earlier of the two, so submitting business can start the clock before any contract is signed. The Commissioner then has 30 days to determine eligibility and 5 days to notify the insurer if the producer is ineligible. The insurer pays an appointment fee and an annual renewal fee for each appointed producer
- What Nevada means by agent and by broker testedThe definitions are inside the appointment section and they turn on who pays. NRS 683A.321(7)(a): an "agent" is a producer compensated BY THE INSURER who sells, solicits or negotiates insurance. (7)(b): a "broker" is a producer who is not an agent, who solicits on behalf of insureds, and who lacks independent authority to obligate insurers. A producer may be both at once, with the agent relationship taking precedence during the appointment
- Rebating, and who else it binds testedThe person who ACCEPTS is inside the prohibition too. NRS 686A.110(1)(a) bars any person from paying, allowing, giving, offering "or knowingly accept[ing], as an inducement to such insurance or annuity, any rebate of premiums ... or any valuable consideration or inducement whatever not specified in the contract." Property, casualty and title rebating sit separately at NRS 686A.130
- Nevada's value-added and gift exception testedA dollar figure, and read its three boundaries. NRS 686A.110(2) permits "prizes and gifts, goods, wares, merchandise, gift certificates, donations made to charitable organizations, raffle entries, meals, event tickets and other items not to exceed $100 in aggregate value per policyholder or prospective policyholder in any 1 calendar year." It is an AGGREGATE annual ceiling, it runs per CALENDAR year, it reaches PROSPECTIVE policyholders - and it applies only to life, life annuity and health
- What a rebate costs testedCriminal, then commercial, then contractual. NRS 686A.140(1) makes violating 686A.110 or 686A.130 a MISDEMEANOR. (2) forfeits the producer's commission on the policy and lets the insurer recover what it paid. (3) reduces the amount of insurance proportionally where the insured knowingly received the rebate. And (4) makes a title insurer liable to the State for FIVE TIMES the unlawful amount, in addition to any other penalty
- Premium trust accounts testedA choice, not a mandate - with one hard rule underneath it. All money of others is "received and held ... in a fiduciary capacity," and diverting it "constitutes embezzlement," under NRS 683A.400(1). Then 683A.400(2) offers the licensee either remitting premiums within 15 days of receipt OR establishing a separate account. Funds of several principals may be commingled if the amounts are readily ascertainable from the records, and the licensee may add his or her own money to advance premiums or hold reserves
- The waiver that unlimited commingling needs testedTwo conditions and both are in the sentence. NRS 683A.400(3) permits commingling "to an unlimited amount" only "if the principal in writing in advance has specifically waived the segregation requirements" - in writing, and in advance. And 683A.400(4) makes clear that commingling so authorized "does not alter fiduciary capacity": the waiver buys flexibility, never a discharge of the duty
- Records, and when the clock starts testedThree years, running from the EXPIRATION of the policy rather than from the transaction: NRS 683A.351(3) provides that records of a particular policy "may be destroyed 3 years after expiration of the policy or contract." The content list at 683A.351(1) is a minimum - "not less than" the insurer and insured, the policy number and expiration date, the premium, everyone from whom business is accepted or to whom commissions are promised, and all premiums collected. Electronic format is expressly allowed
- Is there a controlled-business restriction? testedNo. Nothing in Nevada's code caps the proportion of a producer's business, premiums or commissions that may come from insurance on the producer, the producer's family or the producer's employer. Chapter 683A carries no such section and none of the fourteen disciplinary grounds at NRS 683A.451 reaches it. The nearest analogues - NRS 686A.200, 686A.220 and 686A.240, on favored agents and favoritism to groups - address a different problem
Cancellation 11 facts
When and how policies can be canceled or nonrenewed — heavily tested.
- The window before the grounds bite, and what else triggers them tested70 days - not the 60 common elsewhere - and a renewal counts too. NRS 687B.320(1): "no insurance policy that has been in effect for at least 70 days OR THAT HAS BEEN RENEWED may be cancelled by the insurer before the expiration of the agreed term or 1 year from the effective date of the policy or renewal, whichever occurs first, except on any one of the following grounds." A renewal policy is protected from its first day
- The grounds, and how many there are testedSeven lettered grounds at NRS 687B.320(1)(a)-(g), and the chapeau is not one of them: nonpayment of premium; conviction of a crime arising out of acts increasing the hazard; fraud or material misrepresentation in obtaining the policy or in presenting a claim; discovery of an act or omission or a violation of a policy condition after the first effective date that substantially and materially increases the hazard - itself a sub-list, so pin cite (1)(d)(1) or (1)(d)(2); a material change in the risk; a Commissioner solvency determination; and a Commissioner determination that continuing the policy would violate the Code
- Cancellation notice for a property policy testedTen days for nonpayment, at least 30 days for any other ground - and both are FLOORS. NRS 687B.320(2): "No cancellation under subsection 1 is effective until in the case of paragraph (a) of subsection 1 at least 10 days and in the case of any other paragraph of subsection 1, at least 30 days after the notice is delivered or mailed to the policyholder"
- Cancellation notice for a personal auto policy testedThe same numbers, because Nevada does not split them. NRS 687B.310(1) applies the whole scheme to "all binders and all contracts of insurance the general terms of which are required to be approved or are subject to disapproval by the Commissioner" - property, auto and most other lines together. Industrial insurance is the exception, excluded by 687B.320(3) and governed separately by NRS 687B.325
- Nonpayment notice testedAt least 10 days, under NRS 687B.320(2), paragraph (a) of subsection 1 being nonpayment. Note that this is the notice period only - the ground itself is available at any time, since the 70-day restriction limits WHICH grounds may be used rather than whether a policy may be cancelled at all
- How the notice must travel, and what must ride with it testedPersonal delivery, or first-class or certified mail - and it must state the effective date and carry "a written explanation of the specific reasons." NRS 687B.310(6) requires all three for a cancellation and for a nonrenewal. NRS 687B.360 adds that a notice is INEFFECTIVE unless it tells the policyholder of the right to ask for the grounds, and 687B.370 that it is ineffective unless it explains applying through certain plans
- Nonrenewal notice, and the penalty for missing it testedSixty days for a commercial or business policy, 30 days for all others, under NRS 687B.340(1)(a) and (1)(b). The consequence of a late notice is the clause most often clipped: "If an insurer fails to provide a timely notice of nonrenewal, the insurer shall provide the insured with a policy of insurance on the identical terms as in the expiring policy." The right of renewal itself runs "on the terms then being applied by the insurer to persons similarly situated"
- A third clock, for policies written longer than a year testedNRS 687B.330 lets an insurer cancel a policy issued for a term longer than 1 year on notice before any ANNIVERSARY - 60 days for commercial or business policies, 30 days for all others. Same two numbers as nonrenewal, a different event
- What an insurer may NOT act on testedA cluster of prohibitions sits inside the same run of sections. NRS 687B.385 bars refusal, cancellation, nonrenewal or a premium increase for not-at-fault claims, claims on which no payment was made or on which the insurer recovered its whole payment, or a mere inquiry - and its opening words narrow it further than its neighbours, to "a policy of motor vehicle insurance covering private passenger cars or commercial vehicles," not homeowners. NRS 687B.390 bars cancelling or nonrenewing auto liability solely on age, residence, race, colour, creed, national origin, ancestry, sexual orientation, gender identity or expression, or occupation. NRS 687B.383 bars refusing homeowners solely on dog breed
- Why a late notice is more than a notice problem testedBecause the claims statute swallows it. NRS 686A.310(1)(m) makes it an unfair practice to fail "to comply with the provisions of NRS 687B.310 to 687B.390, inclusive, or 687B.410." So every cancellation and nonrenewal rule in that run is enforceable as an unfair claims settlement practice, and NRS 686A.310(2) makes the insurer "liable to its insured for any damages sustained"
- What sits outside the scheme testedThree things, and none of them is a line of business. NRS 687B.310(3) lets the Commissioner exempt by rule "classes of insurance contracts where the policyholders do not need protection against arbitrary termination." NRS 687B.310(5) preserves rescission or reformation of a life or health contract. And 687B.310(4) makes the whole scheme ADDITIONAL to common-law and other statutory rights rather than a substitute for them
Licensing 35 facts
How you get and keep the license — exams, fees, applications, background checks.
- Is there a standalone life license/exam? testedYes - exam code 01, "NV Life," which the handbook captions "Life (Includes Fixed Annuities)"
- Is there a standalone health license/exam? testedYes - exam code 02, "NV Accident and Health"
- Is there a combined life+health license/exam? testedYes - exam code 05, "NV Life and Health," built from three printed content outlines rather than two: Life general knowledge, Accident and Health general knowledge, and one combined Life/Health Nevada-specific outline
- Is there a personal lines license/exam? testedYes - exam code 55, "NV Personal Lines," captioned "Personal Lines (Noncommercial Property & Casualty)." Its general-knowledge outline is the largest of any Nevada single-line paper at 75 scored questions, and its Nevada-specific outline the smallest at 25
- Is P&C one combined license, or split into Property and Casualty? testedBoth routes exist. Property is exam code 03 and Casualty code 04, each its own paper; code 06 is the combined "NV Property and Casualty." Code 55, Personal Lines, is a third and narrower route rather than a subset of the combined paper
- Does the Life line cover annuities? testedFixed annuities are sold under the Life line. Variable life and variable annuities run through separate accounts under NRS 688A.390 and also require federal securities registration - which no Nevada statute or regulation names, describes or examines. Note too that NRS 683A.291 treats a producer confining activity to "fixed annuity" among the limited lines that need no examination
- Does the P&C license already include personal lines authority? testedA full Property and Casualty authority covers noncommercial risks; the Personal Lines line is the narrower authority, not the broader one. Sitting code 06 rather than code 55 is the decision worth making before booking, because it cannot be undone by adding a line later without another examination
- Full list of exam-based agent license types testedOne producer licence carrying any of the lines listed at NRS 683A.261 - "(a) Life insurance on human lives" through "(l) Personal property storage insurance, as defined in NRS 683A.1828, as a limited line," with crop at (k). Nevada examines five of them: Life, Accident and Health, Property, Casualty and Personal Lines, two of those also through combined papers
- Exam administrator testedPearson VUE, at a test center or online through OnVUE. The Division publishes no commencement date for the contract, and hosts no copy of the candidate handbook - it links out to Pearson VUE
- Exam fee tested$37 for a single-line examination and $47 for either combined paper, in the handbook's own words: "The examination fee for Single Line Exams is $37 and Combo Exams (Life/Health or Property/Casualty) is $47." Fees are paid at reservation by credit card, debit card or voucher, and are "nonrefundable and nontransferable"
- License fee, and the two statutes it comes from tested$185, and it is not one line in one place. NRS 680B.010(5) prints "Application and license ... $125"; NRS 680C.110(4)(d) adds a $60 initial fee for producers of insurance. Adding one or more lines of authority to an existing licence is $50
- Appointment fee tested$15 per insurer, renewing annually - "Pursuant to NRS 680B, the fee for appointment is $15." The insurer files the appointment electronically through Sircon. The Division's 4/18/25 FAQ settles who pays: "the $15 fee is paid for by the insurance company." The $50 association fee runs the other way - it "is paid for by the firm or the individual"
- Passing score tested70, fixed by NAC 683A.270, and it is a SCALED score. The handbook: "Raw scores are converted into scaled scores that can range from 0 to 100. The scaled score that is reported to candidates is neither the number of questions they answered correctly nor the percentage of questions they answered correctly." Bail alone is a raw 67 percent, under NAC 697.125, and Bail is not a producer line
- Minimum age, and the other three findings beside it tested18, at NRS 683A.251(1)(a) - and it is one of four findings the Commissioner must make: attained 18; committed no act that is a ground for refusal, suspension or revocation; paid all applicable fees, "which may not be refunded"; and passed the examinations for the lines applied for, unless exempt. No education element appears among them
- What a business entity licence needs that an individual one does not testedTwo things, and the second is easy to miss. NRS 683A.251(2)(b) requires the organization to designate a licensed natural person "authorized to transact business on behalf of the business organization to be responsible for the organization's compliance," and (2)(c) requires it to have "established and maintains a valid electronic mail address at the applicant's own expense." Associating a designated responsible licensed person costs $50
- Is pre-licensing education required? testedNot for a producer. The DOI: "While prelicensing education is not required, individuals may choose to prepare for their licensing exam by taking a course of education in the fields of insurance for which they apply." Its 4/18/25 FAQ lists the only license types that do need one - Bail Agent, Bail Enforcement Agent, Bail General Agent, Bail Solicitor and Exchange Enrollment Facilitator
- When the producer requirement was dropped testedNo Nevada source publishes a date. The Division runs a live pre-licensing provider programme for the lines that still need a course, and its provider FAQ (Effective 2/6/2024) says nothing about a repeal, a date, or which license types the programme reaches. A date should not be published without session law behind it
- Fingerprints, and the order of operations testedFingerprints are required, and you apply FIRST. The Division states it plainly: "FBI regulations do not allow fingerprinting until after you have submitted a license application." The handbook then allows 90 days: "Within 90 days of applying, submit fingerprints for a criminal history background report"
- Who takes the prints, and under what code testedAn approved private vendor from the DOI list captures them; the Nevada Central Repository and the FBI process them. There is NO universal service code or ORI to memorise - the applicant carries a Fingerprint Authorization Form released only after the application is filed, and "you will indicate on the form which license type you are applying for, and this tells the fingerprint vendor which NRS code to use." The form must carry a Sircon Confirmation ID or a NIPR Transaction Number
- What the background check costs testedThe Division does not publish the vendor fee - live-scan pricing is set by each of the roughly thirty approved vendors. What it does publish is the hard-card route: "you must include a cashier's check or money order (no personal checks) made payable to the Department of Public Safety for $39." And a separate consequence for non-disclosure: a further $185 application fee, with no refunds
- Deadline to apply after passing testedOne year, and it runs both ways in the sources. The handbook: "Within one year after passing the examination, apply for your license online through Sircon." The DOI: "Within one year prior to applying for a license, you must pass the Nevada Insurance Producer exam." NAC 683A.270 is the rule underneath both
- How long a passed exam stays valid testedOne year, under NAC 683A.270. NIPR's Nevada state-information page prints "Insurance exam scores in Nevada are valid for 2 Years" - it is the only source that says so, and the regulation, the Division and the exam vendor all say one
- Reschedule and cancellation testedForty-eight hours, and the penalty is total. Candidates "should call (800) 274-2609 at least forty-eight (48) hours before the examination to change or cancel a reservation"; with proper notice the fee transfers or is refunded, and "candidates who change or cancel a reservation without proper notice will forfeit the examination fee." Voucher refunds take two to three weeks
- Where you apply, and what NIPR adds testedSircon is the portal the DOI directs applicants to and the only one the handbook names in its RESIDENT application step; the handbook names NIPR beside Sircon in its nonresident section. NIPR is accepted and adds a transaction fee the Division puts at $5.50 in its 4/18/25 FAQ; NIPR publishes no Nevada figure of its own and prints $5.60 on its add-a-line page. Printing is separate, and its free window runs from ISSUANCE rather than filing: free for 30 days after a Sircon application or renewal is APPROVED, charged after that
- Are temporary licences available? testedYes by statute, and invisible in practice. NRS 683A.311 lets the Commissioner issue one "for 180 days or less without requiring an examination." But the candidate handbook sets out no temporary-licence route, the Division publishes no temporary licence form among its commonly used forms, and its current FAQ has no entry for one
- Who a temporary licence is for testedFour grounds, all of them about continuing a business rather than starting one: the surviving spouse, personal representative or guardian of a deceased or disabled producer; a member or employee of a business organization on the death or disability of its designated natural person; the designee of a producer entering military service; or a person the Commissioner determines the public interest warrants. The Commissioner may limit the authority by order, require a sponsor, and revoke it; it ends when the business is disposed of
- Who does not have to sit an examination testedTwo categories at NRS 683A.291, and neither is a designation. An applicant "previously licensed for the same lines of authority in another state" who is currently licensed there; and a producer who "confines his or her activity to insurance categorized as limited line, credit, travel, portable electronics, baggage or fixed annuity, or covering vehicles leased for a short term." The Division adds the operational condition: apply within 90 days of the previous state licence going inactive, or sit the exam
- The clock that starts when you move here testedNinety days. The DOI: "You must apply for a Nevada Resident license within 90 days of establishing legal residency in Nevada." A separate 90-day rule governs an applicant coming from another state's licence - if you do not apply within 90 days of that licence going inactive, "you will be required to take and pass a licensing exam as well"
- Identification at the test center testedTWO forms, both current and both signed, and the name must match the registration exactly. The primary must be government-issued and carry photo and signature - driver's licence, passport, military ID, state ID card, learner's permit or passport card. The secondary needs a signature - a Social Security card, a debit or credit card, or anything acceptable as primary. "Identification must be in English"
- When to arrive, and the tutorial testedThirty minutes before the appointment: "Candidates should report to the test center at least thirty (30) minutes before the examination begins to complete registration." A computer tutorial is offered and "the time spent on this tutorial will not reduce the examination time" - but the handbook prints no duration for it, so no minute count should be published
- Retaking a Nevada exam testedTwenty-four hours before you may even book, and the whole paper again. "Reservations for re-examination are not made at the test center, and candidates must wait twenty-four (24) hours before making one," and "failing candidates will be required to retake the entire examination." The handbook prints no cap on test-center attempts and does not affirmatively say they are unlimited
- The only attempt limit Nevada has testedTwo, and it applies to the remote route only: "Candidates taking an online examination are allowed two attempts per exam. All subsequent examination attempts will have to be taken at a Pearson VUE testing center." The handbook publishes no list of which Nevada exam codes are OnVUE-eligible and no eligibility restriction
- How results arrive testedOn paper, immediately: "candidates will leave the test center with their official scores in hand." A failing candidate receives a score report and must retake the entire examination
- The Nevada test center list testedThe handbook says "a list of test centers appears on the back cover of this handbook" and tells candidates to "contact Pearson VUE to confirm specific locations." That back cover could not be extracted from the PDF this edition, so no city list is published here - use the back cover or the live locator rather than any third-party list
- Where the current handbook actually lives testedOn the vendor's site, not the regulator's. The Division hosts no copy of the candidate handbook; it links out to Pearson VUE. That is unusual and it is a good thing - a DOI-hosted copy is exactly what goes stale, and several states' do