Provides for the issuance of pet insurance that covers accidents and illnesses of pets.

This bill amends the insurance law to allow for the issuance of pet insurance that provides coverage for accidents and illnesses of pets. It defines key terms such as "pet insurance," "chronic condition," and "wellness program." The bill mandates that insurers clearly disclose policy terms, including exclusions, waiting periods, and benefit schedules. It also requires insurers to provide a summary of policy provisions and mandates training for insurance producers. The bill takes effect 180 days after becoming law.

Provides for the issuance of pet insurance that covers accidents and illnesses of pets.

This bill amends the insurance law to allow for the issuance of pet insurance that provides coverage for accidents and illnesses of pets. It defines key terms such as "pet insurance," "chronic condition," and "wellness program." The bill mandates that insurers clearly disclose policy terms, including exclusions, waiting periods, and benefit schedules. It also requires insurers to provide a summary of policy provisions and mandates training for insurance producers. The bill takes effect 180 days after becoming law.