Section Ins 4703.05 - Coverage Filing Requirements(a) Inland marine travel insurance benefits shall be payable in connection with a covered trip, involving: (1) Travel away from a covered individual's home for a specified time; or(2) Travel away from a covered individual's place of business for a specified time.(b) Coverage may be issued to cover: (c) The duration of the policy coverage shall not exceed the end of the scheduled period of a covered trip as provided during the individual's insurance application process, including any revisions to such period prior to the date of departure unless: (1) Arrival at the covered individual's final destination occurs before the scheduled trip end date, in which case the coverage period may end at the time the individual arrives at his or her final destination; or(2) Arrival at the covered individual's final destination is delayed for a covered reason, in which case the coverage period may be extended until the individual arrives at the final destination; and(d) The policy may be issued based upon the duration of the trip or may be issued on a monthly or annual basis, so long as coverage is only applicable to losses occurring on a covered trip.(e) Coverage for dependents or travel companions shall be allowed so long as the coverage is defined and covers only individuals traveling on a covered trip.(f) Inland marine travel insurance benefits may provide coverage for any or all of the following: (1) Interruption, delay or cancellation of trip or event;(2) Loss or delay of baggage or personal effects incidental to planned travel;(3) Incidental emergency medical or dental expenses incurred while on a covered trip;(4) Accidental loss of life or limb incurred while on a covered trip; or(5) Other travel related expenses.(g) Inland marine travel insurance may be indemnity or expense based coverage.(h) Indemnity insurance within an inland marine travel insurance policy shall not be reduced or modified based on other coverage available within the travel policy or any other coverage under an insurance policy; provided that, nothing contained in the foregoing shall require an insurer to reimburse a covered individual in an amount greater than that covered individual's actual loss.(i) Indemnity insurance within an inland marine travel policy shall not be reduced or modified based on receipt of any other income or any other benefits other than refunds, reimbursements, credits, or vouchers for travel made available to the insured from the insured's travel agent, travel carrier, or other travel service provider provided that, nothing contained in the foregoing shall require an insurer to reimburse a covered individual in an amount greater than that covered individual's actual loss.(j) Inland marine travel insurance policies may require preauthorization and provide referrals to local healthcare providers.N.H. Admin. Code § Ins 4703.05
Adopted byVolume XXXIV Number 41, Filed October 9, 2014, Proposed by #10681, Effective 11/3/2014, Expires 11/3/2024