§3151. Short title (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23 by T. 24-A, §3161) This chapter may be known and cited as “the Pet Insurance Act.” [PL 2021, c. 562, §1 (NEW).] SECTION HISTORY PL 2021, c. 562, §1 (NEW).
§3152. Scope and applicability (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23 by T. 24-A, §3161) This chapter establishes requirements for the sale, solicitation, negotiation or offer of pet insurance in this State. [PL 2021, c. 562, §1 (NEW).] 1. Applicability. The requirements of this chapter apply to pet insurance policies […]
§3153. Definitions (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23 by T. 24-A, §3161) As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 2021, c. 562, §1 (NEW).] 1. Chronic condition. “Chronic condition” means a condition that can be treated or managed, […]
§3154. Policy definitions and exclusions (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23 by T. 24-A, §3161) 1. Use of defined terms. If an insurer uses any of the terms that are defined in section 3153 in a pet insurance policy, the insurer shall use the definition of each of those terms […]
§3155. Required disclosures (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23 by T. 24-A, §3161) 1. Disclosures. An insurer transacting pet insurance shall disclose to consumers: A. Whether the policy excludes coverage due to any of the following: (1) A preexisting condition; (2) A hereditary disorder; (3) A […]
§3156. Policy conditions (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23 by T. 24-A, §3161) 1. Exclusion. An insurer may issue a pet insurance policy that excludes coverage on the basis of one or more preexisting conditions with appropriate disclosure to the consumer. The insurer has the burden of proving that the […]
§3157. Wellness programs (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23 by T. 24-A, §3161) 1. Marketing. An insurer or insurance producer may not: A. Market a wellness program as pet insurance; or [PL 2021, c. 562, §1 (NEW).] B. Market a wellness program during the sale, solicitation or negotiation […]
§3158. Insurance producer requirements (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23 by T. 24-A, §3161) 1. Training. An insurance producer may not sell, solicit or negotiate a pet insurance product until after the producer is appropriately licensed and has completed the required training identified in subsection 2. [PL 2021, c. […]
§3159. Enforcement (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23 by T. 24-A, §3161) The superintendent may assess a civil penalty or take any other action permitted under section 12‑A against any person that violates any provision of this chapter. [PL 2021, c. 562, §1 (NEW).] SECTION HISTORY PL 2021, c. […]
§3160. Rules (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23 by T. 24-A, §3161) The superintendent may adopt rules to implement this chapter. Rules adopted pursuant to this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2-A. [PL 2021, c. 562, §1 (NEW).] SECTION HISTORY PL […]
§3161. Effective date (CONTAINS TEXT WITH VARYING EFFECTIVE DATES) (WHOLE SECTION TEXT EFFECTIVE 1/01/23) This chapter takes effect January 1, 2023. [PL 2021, c. 562, §1 (NEW).] SECTION HISTORY PL 2021, c. 562, §1 (NEW).
