1.  It constitutes an unfair method of competition or an unfair or deceptive act or practice in the business of insurance to:

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(a) Offer or sell a policy of travel insurance that could never result in payment of any claims for any insured under the policy; or

(b) Market blanket travel insurance as free.

2.  As used in this section:

(a) ’Blanket travel insurance’ has the meaning ascribed to it in NRS 691E.030.

(b) ’Travel insurance’ has the meaning ascribed to it in NRS 691E.160.