33-17-1401. Definitions. As used in this part, the following definitions apply:
(1) "Administrator" means an administrator as defined in 33-17-102.
(2) "Limited lines travel insurance producer" means a:
(a) managing general agent or third-party administrator; or
(b) licensed insurance producer, including a limited lines producer, designated by an insurer as the travel insurance supervising entity as set forth in 33-17-1404.
(3) "Offer and disseminate" means providing general information, including a description of coverage and price, as well as processing applications, collecting premiums, and performing other activities not requiring licensure by the state.
(4) (a) "Travel insurance" means insurance coverage for personal risks incident to planned travel, including but not limited to:
(i) interruption or cancellation of a trip or event;
(ii) loss of baggage or personal effects;
(iii) damages to accommodations or rental vehicles; and
(iv) sickness, accident, disability, or death occurring during travel.
(b) The term does not include major medical plans that provide comprehensive medical protection for travelers on trips lasting 6 months or longer, including those working overseas and military personnel being deployed.
(5) "Travel retailer" means a business entity that makes, arranges, or offers travel services and that may offer and disseminate travel insurance as a service to its customers on behalf of and under the direction of a limited lines travel insurance producer.
History: En. Sec. 1, Ch. 359, L. 2013.