690A.016 - “Credit life insurance” defined.
690A.016 “Credit life insurance” defined. “Credit life insurance” means insurance on the life of a debtor pursuant to or in connection with a specific loan or other credit transaction to provide for satisfaction of a debt, in whole or in part, upon the death of an insured debtor.
(Added to NRS by 1987, 2288; A 2005, 2145)