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Nevada Revised Statutes Title 57. Insurance § 680B.0355. Insurer required to provide statement to insureds if portion of premium is attributable to general premium tax; insurer authorized to provide statement to insureds if portion of premium is attributable to annual fees or assessments

Current as of January 01, 2025 | Updated by Findlaw Staff

1. If an insurer includes any portion of the general premium tax which the insurer is required to pay pursuant to NRS 680B.027 in the amount billed to its insureds for the premium for insurance, the insurer shall provide with each notice of renewal sent to its insureds a statement that a portion of the premium is attributable to the general premium tax.

2. If an insurer includes any portion of any annual fees or assessments that it is required to pay to the State of Nevada in the amount billed to its insureds for the premium for insurance, the insurer may provide with each notice of renewal sent to its insureds a statement that a portion of the premium is attributable to the annual fees or assessments that it is required to pay to the State of Nevada.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 680B.0355. Insurer required to provide statement to insureds if portion of premium is attributable to general premium tax; insurer authorized to provide statement to insureds if portion of premium is attributable to annual fees or assessments - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-680b-0355/

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