Section 683A.170 - Exemptions1. NAC 683A.170 to 683A.261, inclusive, do not apply to:(a) A person applying for a nonresident license.(b) A person exempted from the requirement of taking the licensing examination by NRS 683A.291.(c) A person who has been employed by an insurer for at least 10 years and has been actively involved in the underwriting of insurance or settling claims.(d) A person with at least 10 years' current experience as a licensed insurance producer. For the purposes of this paragraph, "current" means active employment as a producer of insurance within the last 15 years.(e) A person who:(1) Pursuant to NAC 683A.325, is subject to the provisions of NAC 683A.318 to 683A.370, inclusive; and(2) Successfully completes, within the 12 months immediately preceding his or her application for a license, 30 hours of continuing education in courses approved by the Division pursuant to NAC 683A.318 to 683A.370, inclusive.(f) A person who has earned and continues to maintain a designation, for the line of authority of: (1) Life insurance, as a: (I) Certified employee benefit specialist (CEBS);(II) Certified financial planner (CFP);(III) Certified insurance counselor (CIC);(IV) Chartered financial consultant (ChFC);(V) Chartered life underwriter (CLU);(VI) Fellow, life management institute (FLMI); and(VII) Life underwriter training council fellow (LUTCF);(2) Accident and health insurance, as a: (I) Certified employee benefit specialist (CEBS);(II) Health insurance associate (HIA);(III) Registered employee benefits consultant (REBC); and(IV) Registered health underwriter (RHU); and(3) Casualty insurance, personal lines of insurance or property insurance, as: (I) An accredited adviser in insurance (AAI);(II) An associate in risk management (ARM);(III) A certified insurance counselor (CIC); and(IV) A chartered property casualty underwriter (CPCU).2. A person claiming exemption from the requirements of NAC 683A.170 to 683A.261, inclusive, pursuant to:(a) Paragraph (c) of subsection 1 must submit to the Division:(1) A written claim of exemption; and(2) Documentation from the insurer by which the person has been employed indicating that he or she has met the requirements of that paragraph.(b) Paragraph (d) of subsection 1 must submit to the Division:(1) A written claim of exemption; and(2) Documentation from the entity by which the person has been licensed indicating that he or she has met the requirements of that paragraph.(c) Paragraph (f) of subsection 1 must submit to the Division:(1) A written claim of exemption; and(2) Documentation from the entity by which the person has been designated indicating that the person has met the requirements of that paragraph.Nev. Admin. Code § 683A.170
Added to NAC by Comm'r of Insurance, eff. 6-4-86; A 7-22-88, eff. 10-1-88; 2-15-95; R172-01, 7-5-2002; R108-10, 9-14-2012