Establishes a legal framework for travel insurance in Massachusetts, including licensing requirements and consumer protections.
The bill creates a comprehensive legal framework for the sale of travel insurance in Massachusetts. It defines key terms such as "travel insurance," "travel retailer," and "limited lines travel insurance producer." It mandates licensing for those offering travel insurance and outlines specific requirements for travel retailers and limited lines travel insurance producers. The bill also sets consumer protection standards, including clear disclosure requirements and prohibitions against unfair trade practices.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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