Minnesota HF3766 regulates travel insurance sales, requiring licensing for producers and retailers, and mandates specific disclosures and practices.
Minnesota HF3766 establishes regulations for the licensing and registration of limited lines travel insurance producers and travel retailers. It requires these entities to be licensed to sell, solicit, or negotiate travel insurance. Travel retailers must be registered under a limited lines travel insurance producer. The bill mandates that travel insurance policies include specific disclosures, such as the insurer's identity and contact information, a description of coverage, and the process for filing claims.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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