Current through Acts 2023-2024, ch. 1069
Section 56-33-107 - Classification and filing of travel insurance - Form of travel insurance - Eligibility and underwriting standards for travel insurance(a)(1) Notwithstanding a provision of this title to the contrary, travel insurance must be classified and filed for purposes of rates and forms under an inland marine line of insurance.(2) Travel insurance that provides coverage for sickness, accident, disability, or death occurring during travel, either exclusively or in conjunction with related coverages of emergency evacuation or repatriation of remains, may be filed under either an accident and health line of insurance or an inland marine line of insurance.(b) Travel insurance may be in the form of an individual, group, or blanket policy.(c) Eligibility and underwriting standards for travel insurance may be developed and provided based on travel protection plans designed for individual or identified marketing or distribution channels, if the standards also meet the state's underwriting standards for inland marine lines of insurance.