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2020 Nevada Revised Statutes
Chapter 686B - Rates and Essential Insurance
NRS 686B.17595 - "Large-deductible agreement" defined.
Universal Citation: NV Rev Stat § 686B.17595 (2020)
"Large-deductible agreement" means any combination of one or more policies, endorsements, contracts or security arrangements, which provide for the policyholder to bear the risk of loss of a specified amount of $25,000 or more per claim or occurrence covered under a policy of industrial insurance and which may be subject to an aggregate limit of the policyholder’s reimbursement obligations.
(Added to NRS by 2017, 2342)
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