688A.030 Ā ā€œIndustrial life insuranceā€ defined. Ā For the purposes of this Code, ā€œindustrial life insuranceā€ is that form of life insurance written under policies of a face amount of $2,500 or less bearing the words ā€œindustrial policyā€ or ā€œweekly premium policyā€ or words of similar import imprinted on the face thereof as part of the descriptive matter, and under which premiums are payable monthly or more often.

(Added to NRS by 1971, 1727)