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MT HB591

MT HB591
Implementing travel insurance model act


summary

Introduced
02/15/2023
In Committee
03/14/2023
Crossed Over
03/03/2023
Passed
04/26/2023
Dead
Signed/Enacted/Adopted
05/19/2023

Introduced Session

2023 Regular Session

Bill Summary

Implementing travel insurance model act

AI Summary

This bill revises laws related to travel insurance in Montana. It defines key terms like "aggregator site", "blanket travel insurance", "cancellation fee waiver", "eligible group", "travel administrator", and "travel protection plan". The bill establishes a limited lines travel insurance producer license, sets requirements for travel retailers offering travel insurance, and specifies sales practices such as disclosures and refund policies. It also exempts certain entities like licensed property and casualty producers from licensing requirements for administering travel insurance. The bill grants the Montana Insurance Commissioner rulemaking authority to implement these provisions.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Chapter Number Assigned (on 05/19/2023)

bill text


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