Limited Lines Travel Insurance Act

SECTION 27-79-2

§ 27-79-2. Definitions.

As used in this chapter, the following terms shall mean:

(1) "Limited lines travel insurance producer" means a licensed insurance producer designated by an insurer as the travel insurance supervising producer as set forth in § 27-79-6 below.

(2) "Offer and disseminate" means providing general information, including a description of the coverage and price, as well as processing the application, collecting premiums, and performing other non-licensable activities permitted by the state.

(3) "Travel insurance" means insurance coverage for personal risks incident to planned travel, including but not limited to:

(i) Interruption or cancellation of trip or event;

(ii) Loss of baggage or personal effects;

(iii) Damages to accommodations or rental vehicles; or

(iv) Sickness, accident, disability or death occurring during travel.

Travel insurance does not include major medical plans, which provide comprehensive medical protection for travelers with trips lasting six (6) months or longer, including for example, those working overseas as an ex-patriot or military personnel being deployed.

(4) "Travel retailer" means a business entity that makes, arranges or offers travel services and may offer and disseminate travel insurance as a service to its customers on behalf of and under the direction of a limited lines travel insurance producer.

History of Section.
(P.L. 2013, ch. 315, § 1; P.L. 2013, ch. 410, § 1.)