24-A §7103. Requirements for doing business
§7103. Requirements for doing business 1. Administrator. A provider may, but is not required to, appoint an administrator or other designee to be responsible for any or all of the administration of the provider’s service contracts and compliance with this chapter. All administrators of service contracts sold in this State shall register with the superintendent […]
24-A §7007. Application for license and fees
§7007. Application for license and fees 1. Application for license to be filed with superintendent. A sworn application for a license under this chapter must be made to and filed with the superintendent on forms prescribed and furnished by the superintendent. [PL 2011, c. 297, §5 (NEW).] 2. Contents of application. In addition to […]
24-A §7051. Short title
§7051. Short title This chapter may be known and cited as “the Limited Lines Travel Insurance Act.” [PL 2015, c. 133, §4 (NEW).] SECTION HISTORY PL 2015, c. 133, §4 (NEW).
24-A §7051-A. Applicability of chapter
§7051-A. Applicability of chapter 1. Applicability. The requirements of this chapter apply to travel insurance that covers any resident of this State; that is sold, solicited, negotiated or offered in this State; and for which policies and certificates are delivered or issued for delivery in this State. This chapter does not apply to cancellation fee […]
24-A §7052. Definitions (REPEALED)
§7052. Definitions (REPEALED) SECTION HISTORY PL 2015, c. 133, §4 (NEW). PL 2021, c. 354, §5 (RP).
24-A §7052-A. Definitions
§7052-A. Definitions As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 2021, c. 354, §6 (NEW).] 1. Aggregator site. “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 […]
24-A §7053. Licensure; nonlicensed activities; compensation
§7053. Licensure; nonlicensed activities; compensation 1. Issuance of license. The issuance of a license is governed by this subsection. A. Upon receipt of an application in the form and manner prescribed by the superintendent, the superintendent may issue a supervising travel insurance producer license, which is a limited license, to a business entity […]
24-A §7054. Requirements
§7054. Requirements A travel retailer is authorized to offer and disseminate travel insurance on behalf of and under the authority of a supervising travel insurance producer if the following requirements are met. [PL 2015, c. 133, §4 (NEW).] 1. Disclosure. The supervising travel insurance producer or travel retailer shall provide to purchasers of travel […]
24-A §7055. Prohibited acts
§7055. Prohibited acts An employee or representative of a travel retailer who is not licensed as an insurance producer may not: [PL 2015, c. 133, §4 (NEW).] 1. Technical terms. Evaluate or interpret the technical terms, benefits and conditions of the offered travel insurance coverage; [PL 2015, c. 133, §4 (NEW).] 2. Advice. […]
24-A §7056. Policy; responsibilities; enforcement; standards
§7056. Policy; responsibilities; enforcement; standards 1. Policy. Notwithstanding any provision of this Title to the contrary, travel insurance rates and forms must be filed with and approved by the superintendent. For purposes of such filings, travel insurance must be classified and filed for purposes of rates and forms as inland marine insurance, except that travel […]