NRS 688B.190 Proceeds of benefits required to be paid within 30 days after death of insured; interest.
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/nv/chapter-688b-group-life-insurance/688b-190·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 688B.190 Proceeds of benefits required to be paid within 30 days after death of insured; interest. An insurer shall pay the proceeds of any benefits under a group life insurance policy not more than 30 days after the death of the insured. If the proceeds are not paid within this period, the insurer shall pay interest on the proceeds, at a rate that is not less than the current rate of interest on death proceeds on deposit with the insurer, from the date of death of the insured to the date when the proceeds are paid.