Bill > HB2128

This bill updates Oregon's regulations concerning travel insurance by establishing new provisions and amending existing laws. The bill allows businesses to offer travel protection plans that combine various features like travel insurance, travel assistance services, and cancellation fee waivers, but requires clear disclosure of each component's details and pricing before purchase. It mandates that fulfillment materials must describe each feature individually and provide contact information for service providers. The bill clarifies that travel insurance can be classified under inland marine or accident and health insurance lines and can be issued as blanket, group, or individual policies. It also introduces definitions for terms like "aggregator site," "eligible group," and "travel insurance administrator," and establishes guidelines for marketing, selling, and administering travel insurance. Key consumer protections include requiring insurers to disclose preexisting condition exclusions, allowing policy cancellation within a specified timeframe, and prohibiting deceptive practices such as marketing insurance as "free" or using negative option sales tactics. The bill will become operative on January 1, 2026, and applies to travel insurance covering Oregon residents that is solicited, offered, or sold in the state.

Business and Industry

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2128