689B.200 - Notice of conversion privilege.

689B.200  Notice of conversion privilege.  A notification of the conversion privilege must be included in each certificate of coverage. A written notice of the existence of the conversion privilege must also be given by the policyholder to the employee or member at least 15 days before the expiration of the 31 days permitted a person to make a written application for the converted policy. The insurer shall prepare the notice in a form approved by the Commissioner and give the notice to the policyholder for distribution to the employees or members. If written notice of the right to convert is not given as required under this section, an additional period must be allowed the person to apply for the converted policy. The additional period expires 15 days after written notice of the conversion privilege has been given, or 60 days after the expiration of the 31-day period, whichever is earlier.

      (Added to NRS by 1979, 1086; A 1985, 1061)

      NRS 689B.210  Converted policy delivered outside Nevada: Form.  A converted policy which is to be delivered outside this state must be in such form as would be deliverable in the other jurisdiction as a converted policy if the group policy had been issued in that jurisdiction.

      (Added to NRS by 1979, 1086)