N.H. Admin. Code § Ins 4703.07

Current through Register No. 50, December 12, 2024
Section Ins 4703.07 - Prohibited Policy Provisions

An inland marine travel insurance policy shall not contain provisions that:

(a) Guarantee policy renewal;
(b) Provide coverage under the policy for a trip that exceeds 12 months in duration, except as authorized in this part;
(c) Charge a penalty or administrative fee for trip cancellation by the covered individual;
(d) Retain unearned premium payments when the trip is cancelled or terminated by the group policyholder or its affiliates; or
(e) Reduce coverage based on the age of the insured.

N.H. Admin. Code § Ins 4703.07

Adopted byVolume XXXIV Number 41, Filed October 9, 2014, Proposed by #10681, Effective 11/3/2014, Expires 11/3/2024