Sec. 21.27.152. Travel insurance.

573 words·~3 min read·/ak/title-21/chapter-27/21-27-152

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(a)A person that makes, arranges, or offers travel services may transact travel insurance by offering, issuing for delivery, issuing, or renewing travel insurance to its customers on behalf of and under the direction of a person holding a travel insurance limited producer license under AS 21.27.150 .

(b)A person may transact travel insurance under

(a)of this section only if the person is included in the register maintained by the travel insurance limited producer under (e)(1) of this section.

(c)A person transacting travel insurance under

(a)of this section may not

(1)evaluate or interpret the terms, benefits, and conditions of travel insurance;

(2)evaluate or provide advice concerning a prospective purchaser's existing insurance coverage; or

(3)represent that the person is a licensed insurer, licensed producer, or insurance expert.

(d)A person transacting travel insurance under

(a)of this section shall provide to its prospective customers

(1)a description of the terms of the insurance coverage;

(2)a description of the claims process;

(3)a description of the review and return or cancellation process;

(4)the identity and contact information for the insurer and the travel insurance limited producer;

(5)notice that a customer is not required to purchase travel insurance as a condition to purchasing other travel products or services; and

(6)a statement that a person transacting travel insurance may provide general information about the insurance offered, including a description of the coverage and price, but is not qualified or authorized to answer questions about the terms and conditions of the insurance offered or to evaluate the adequacy of the customer's insurance coverage.

(e)A travel insurance limited producer licensed under this section shall

(1)maintain, in a format prescribed by the director, a register of each person who transacts travel insurance on behalf of and under the direction of the travel insurance limited producer and make the register available to the director on request; the register must include

(A)the identity and contact information of the person transacting travel insurance;

(B)the identity of a person who directs or controls the person who transacts travel insurance; and

(C)the federal employment identification number of a person who directs or controls the person who transacts travel insurance;

(2)certify that the person transacting travel insurance complies with 18 U.S.C. 1033; and

(3)require a person transacting travel insurance satisfactorily to complete a training program that, at a minimum, contains instruction on the type of insurance offered, ethical practices, and the disclosures that must be provided to its prospective customers; the training program may be reviewed by the director.

(f)A travel insurance limited producer is liable for the acts of a person transacting travel insurance on behalf of and under the direction of the producer. The travel insurance limited producer shall designate one of its employees as the person responsible for the travel insurance limited producer's compliance with applicable travel insurance laws and regulations.

(g)Travel insurance may be provided under an individual policy or under a group or master policy.

(h)In this section, “travel insurance”

(1)means insurance coverage for personal risks connected to travel, including

(A)trip interruption or cancellation;

(B)lost baggage or personal effects;

(C)damage to accommodations or rental vehicles; or

(D)sickness, accident, disability, or death occurring during travel;

(2)does not include comprehensive medical insurance that provides coverage during trips lasting six months or longer.