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Current as of January 01, 2025 | Updated by Findlaw Staff
An insurer shall pay the proceeds of any benefits under a group life insurance policy not more than 30 days after the death of the insured. If the proceeds are not paid within this period, the insurer shall pay interest on the proceeds, at a rate that is not less than the current rate of interest on death proceeds on deposit with the insurer, from the date of death of the insured to the date when the proceeds are paid.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 688B.190. Proceeds of benefits required to be paid within 30 days after death of insured; interest - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-688b-190/
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