Nev. Admin. Code § 687B.282 - Recommendations for purchase or replacement; sale of multiple policies or certificates; issuance of policy or certificate to person enrolled in Medicare Part C

1. If an agent recommends the purchase or replacement of any policy to supplement Medicare or certificate, the agent shall make reasonable efforts to determine the appropriateness of the recommended purchase or replacement.

2. Any sale of a policy to supplement Medicare or a certificate that provides a person with more than one policy to supplement Medicare or certificate is prohibited.

3. An issuer shall not issue a policy to supplement Medicare or certificate to a person enrolled in Medicare Part C unless the effective date of the coverage is after the termination date of the person's Part C coverage.

Notes

Nev. Admin. Code § 687B.282

Added to NAC by Comm'r of Insurance, eff. 11-16-90; A 7-16-92, eff. 7-30-92; A by Div. of Insurance by R078-05, 11-17-2005, eff. 9-8-2005 for Plans K and L, and 1-1-2006 for Medicare Part D Prescription Drug Benefit

NRS 679B.130, 687B.430