Maine Revised Statutes Title 24-A Sec. 7056 – Policy; responsibilities; enforcement; standards
Current as of: 2023 | Check for updates
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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 insurance that provides coverage for sickness, accident, disability or death occurring during travel, either exclusively or in conjunction with related coverages of emergency evacuation or repatriation of remains, or incidental limited property and casualty benefits such as lost baggage or trip cancellation, may, subject to the superintendent’s discretion, be filed as either health insurance or inland marine insurance. Travel insurance may be provided under an individual policy or under a group or blanket travel insurance policy.
[PL 2021, c. 354, §13 (AMD).]
Terms Used In Maine Revised Statutes Title 24-A Sec. 7056
- Blanket travel insurance: means a policy of group travel insurance that provides coverage for specific classes of persons defined in the policy under which coverage is provided to all members of the eligible group without a separate charge to individual members of the eligible group. See Maine Revised Statutes Title 24-A Sec. 7052-A
- health insurance: means insurance of human beings against bodily injury, disablement or death by accident or accidental means, or the expense thereof, or against disablement or expense resulting from sickness, and every insurance appertaining thereto, including provision for the mental and emotional welfare of human beings by defraying the costs of legal services only to the extent provided for in chapter 38. See Maine Revised Statutes Title 24-A Sec. 704
- Supervising travel insurance producer: includes a:
A. See Maine Revised Statutes Title 24-A Sec. 7052-ATravel insurance: means insurance coverage as defined in section 1420?F, subsection 1, paragraph H. See Maine Revised Statutes Title 24-A Sec. 7052-A Travel retailer: means a business entity that makes, arranges or offers planned travel and that may offer and disseminate travel insurance as a service to its customers on behalf of and under the direction of a supervising travel insurance producer. See Maine Revised Statutes Title 24-A Sec. 7052-A
2. Responsibility. As the insurer’s designee, a supervising travel insurance producer is responsible for the acts of a travel retailer offering and disseminating travel insurance under the supervising travel insurance producer’s authority and shall use reasonable means to ensure compliance by the travel retailer with this chapter.
[PL 2021, c. 354, §13 (AMD).]
3. Enforcement. A supervising travel insurance producer and any travel retailer offering and disseminating travel insurance are subject to chapters 16 and 23.
[PL 2015, c. 133, §4 (NEW).]
4. Eligibility and underwriting standards. Eligibility and underwriting standards for travel insurance may be developed and provided based on travel protection plans designed for individual or identified marketing or distribution channels, as long as those standards also meet the State’s underwriting standards for inland marine insurance.
[PL 2021, c. 354, §13 (NEW).]
SECTION HISTORY
PL 2015, c. 133, §4 (NEW). PL 2021, c. 354, §13 (AMD).