20-3551. Definitions In this chapter, unless the context otherwise requires: 1. " Aggregator site" means a website that provides access to information regarding insurance products from more than one insurer, including product and insurer information, for use in comparison shopping. 2. " Blanket travel insurance" means a policy of travel insurance that is issued to […]
20-3552. Purpose; applicability A. The purpose of this chapter is to promote the public welfare by creating a comprehensive legal framework within which travel insurance may be sold in this state. B. The requirements of this chapter apply to travel insurance that covers any resident of this state and that is sold, solicited, negotiated or […]
20-3553. Limited lines travel insurance producer licensing A. Notwithstanding any other provision of this title, a travel retailer may offer and issue travel insurance under a limited lines travel insurance producer business entity license under the following conditions: 1. The limited lines travel insurance producer or travel retailer provides to purchasers of travel insurance all […]
20-3554. Premium tax; definitions A. A travel insurer shall pay premium tax as provided in section 20-224 on travel insurance premiums paid by any of the following: 1. An individual primary policyholder who is a resident of this state. 2. A primary certificate holder who is a resident of this state and who elects coverage […]
20-3555. Travel protection plans Travel protection plans may be offered for one price for the combined features that the travel protection plan offers in this state if both: 1. The travel protection plan clearly discloses to the consumer, at or before the time of purchase, that it includes travel insurance, travel assistance services and cancellation […]
20-3556. Sales practices; definition A. All persons offering travel insurance to residents of this state are subject to chapter 2, article 6 of this title relating to unfair trade practices and frauds, except as otherwise provided in this section. If a conflict exists between this chapter and another provision of this title regarding the sale […]
20-3557. Travel administrators A. Notwithstanding any other provision of this title, a person may not act or represent itself as travel administrator for travel insurance in this state unless that person either: 1. Is a licensed property and casualty insurance producer in this state for activities allowed under that producer license. 2. Holds a valid […]
20-3558. Travel insurance classification and filing A. Notwithstanding any other provision of this title, travel insurance is classified and filed for purposes of rates and forms under an inland marine line of insurance, except that travel insurance that provides coverage for sickness, accident, disability or death occurring during travel, either exclusively or in conjunction with […]
