State Codes and Statutes
Statutes > Nevada > Title-57 > Chapter-690c > General-provisions > 690c-040690C.040 “Contractual liability insurance policy” defined. “Contractual liability insurance policy” means a policy of insurance that is issued to a provider to either:
1. Reimburse the provider under the terms of a service contract issued or sold by the provider; or
2. If the provider does not satisfy his or her obligation under a service contract, pay on behalf of the provider any money the provider has an obligation to pay under the service contract.
(Added to NRS by 1999, 3335)