NAC 683A.170
Exemptions.
Cite as Nev. Admin. Code Sec. 683A.170
1. 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.