NRS 686B.17595 “Large-deductible agreement” defined.
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/nv/chapter-686b-rates-and-essential-insurance/686b-17595·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 686B.17595 “Large-deductible agreement” defined. “Large-deductible agreement” means any combination of one or more policies, endorsements, contracts or security arrangements, which provide for the policyholder to bear the risk of loss of a specified amount of $25,000 or more per claim or occurrence covered under a policy of industrial insurance and which may be subject to an aggregate limit of the policyholder’s reimbursement obligations.