686A.060 - Replacement of life insurance.

686A.060  Replacement of life insurance.  In addition to other powers of the Commissioner in respect thereto, the Commissioner may by regulation require persons who replace or offer or propose to replace existing life insurance with other life insurance, to leave with the policyholder written, signed and dated statements which fully and accurately compare the terms, conditions and benefits of the existing policy with the proposed policy.

      (Added to NRS by 1971, 1689)