In advance of rendering any service, a written agreement on a form approved by the Commissioner must be prepared by the insurance consultant and must be signed by both the consultant and the client. The agreement must outline the professional services to be provided by the consultant and state the fee for those services. The consultant shall retain a copy of the agreement for not less than 3 years after completion of the services. A copy of the agreement must be made available to the Commissioner upon request.

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Terms Used In Nevada Revised Statutes 683C.060

  • insurance consultant: means a person who, for a fee, holds himself or herself out to the public as engaged in the business of offering advice, counsel, opinion or service with respect to the benefits, advantages or disadvantages promised pursuant to any policy of insurance that could be issued in this State. See Nevada Revised Statutes 683C.010