Enacts the "New York travel insurance act" regulating the licensing and registration of limited lines travel insurance producers and travel.
The New York travel insurance act regulates the licensing and registration of limited lines travel insurance producers and travel retailers, and the sale and marketing of travel insurance and related products. It defines key terms such as "travel insurance," "travel retailer," and "limited licensee." The act outlines the requirements for travel insurance agents and travel retailers, including the provision of clear and accurate information to consumers. It also specifies the types of insurance that can be offered and the conditions under which they can be sold.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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