Nevada Revised Statutes 690B.120 – Exemption of person selling insurance from licensing requirements as agent, broker or solicitor
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A person who sells insurance for home protection on behalf of an insurer who issues policies of casualty insurance or insurance for home protection is exempted from the provisions of chapter 683A of NRS which require the person to be licensed as an agent, broker or solicitor if:
Terms Used In Nevada Revised Statutes 690B.120
- Contract: A legal written agreement that becomes binding when signed.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
1. The person’s sales activity is conducted pursuant to a written contract with the insurer which regulates his or her activity.
2. The person holds a valid broker’s, broker-salesperson’s or salesperson’s license issued pursuant to chapter 645 of NRS.