Nev. Admin. Code § 683A.221 - Subject matter of courses; hours of instruction

A course must consist of at least 5 hours of instruction in the classroom, or the equivalent in a self-study course approved by the Division pursuant to NAC 683A.211, in the provisions of title 57 of NRS and the regulations adopted pursuant to those provisions, at least one-half of which must cover the laws and regulations common to all lines of insurance, and:

1. For a course in life insurance, at least 15 hours of instruction in the classroom or the equivalent in a self-study course approved pursuant to NAC 683A.211, covering:

(a) Principles and concepts of insurance in general;

(b) Basic principles and concepts of life insurance;

(c) The contract for life insurance and provisions of the policy;

(d) Classifications and types of life insurance;

(e) Annuities;

(f) The ethical responsibilities of the producer;

(g) The organization of the business of life insurance; and

(h) Regulation by the government.

2. For a course in accident and health insurance, at least 15 hours of instruction in the classroom or the equivalent in a self-study course approved pursuant to NAC 683A.211, covering:

(a) Principles and concepts of insurance in general;

(b) Basic principles and concepts of accident and health insurance;

(c) The contract for accident and health insurance and provisions of the policy;

(d) Accident and health insurance offered by private companies;

(e) Accident and health insurance offered by a governmental entity;

(f) Types of policies and coverage for accident and health insurance;

(g) Group insurance and plans of special insurance;

(h) The ethical responsibilities of the producer; and

(i) Regulation by the government.

3. For a course in property insurance, at least 15 hours of instruction in the classroom or the equivalent in a self-study course approved pursuant to NAC 683A.211, covering:

(a) Principles and concepts of insurance in general;

(b) Basic principles and concepts of property and casualty insurance;

(c) The contract for property insurance and provisions of the policy;

(d) Types of policies and coverage for property insurance;

(e) The ethical responsibilities of the producer;

(f) The organization of the business of property insurance; and

(g) Regulation by the government.

4. For a course in casualty insurance, at least 15 hours of instruction in the classroom or the equivalent in a self-study course approved pursuant to NAC 683A.211, covering:

(a) Principles and concepts of insurance in general;

(b) Basic principles and concepts of property and casualty insurance;

(c) The contract for casualty insurance and provisions of the policy;

(d) Insurance to protect against liability;

(e) Automobile insurance;

(f) Workers' compensation and employers' liability insurance;

(g) Fidelity insurance, surety bonds and other types of casualty insurance;

(h) The ethical responsibilities of the producer;

(i) The organization of the business of casualty insurance; and

(j) Regulation by the government.

5. For a course in a combination of life and health insurance or property and casualty insurance, at least 35 hours of instruction in the classroom or the equivalent in a self-study course approved pursuant to NAC 683A.211, covering all the subjects required for each of those separate lines of insurance.

6. For a course in a combination of life and health insurance and property and casualty insurance, at least 75 hours of instruction in the classroom or the equivalent in a self-study course approved pursuant to NAC 683A.211, covering the subjects required for each of those separate lines of insurance.

7. For a course in personal lines insurance, at least 15 hours of instruction in the classroom or the equivalent in a self-study course approved pursuant to NAC 683A.211, covering the subjects of property and casualty dealing with personal lines insurance.

8. For a course in a combination of life and health insurance, property and casualty insurance and personal lines insurance, at least 95 hours of instruction in the classroom or the equivalent in a self-study course approved pursuant to NAC 683A.211, covering the subjects required for each of those separate lines of insurance.

Notes

Nev. Admin. Code § 683A.221

Added to NAC by Comm'r of Insurance, eff. 6-4-86; A by R172-01, 7-5-2002; R161-08, 9-18-2008

NRS 679B.130