Nevada § 688B.190 Proceeds of benefits required to be paid within 30 days after death of insured; interest

Nevada Statutes

§ 688B.190 — Proceeds of benefits required to be paid within 30 days after death of insured; interest

Nevada § 688B.190

Title 57INSURANCE

Ch. 688BGroup

This text of Nevada § 688B.190 (Proceeds of benefits required to be paid within 30 days after death of insured; interest) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 688B.190 (2026).

Text

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.

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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.