Sec. 4055.153. AUTHORITY OF TRAVEL RETAILER. (a) A travel retailer may offer and disseminate travel insurance as a service to the retailer's customers on behalf of and under the license and direction of a supervising entity only:
(1) in connection with the sale or arrangement of transportation, accommodations, or events for travelers; and
(2) with respect to travel insurance that includes:
(A) accident and health insurance that provides coverage to a traveler for accidental death or dismemberment and for medical expenses resulting from an accident or sickness involving the traveler that occurs during the planned trip;
(B) insurance that provides coverage to a traveler for expenses incurred as a result of trip cancellation or interruption of a planned trip or event;
(C) personal effects insurance that provides coverage to a traveler for loss of or damage to personal effects during the planned trip or event;
(D) insurance that provides coverage for damage to accommodations or rental vehicles; or
(E) any other coverage the commissioner approves as meaningful and appropriate in connection with the transportation or accommodations arranged through a travel agency.
(b) Travel insurance does not include major medical expense coverage for a traveler on a planned trip for six months or more, including:
(1) an individual working abroad;
(2) an expatriate; and
(3) a military service member on deployment.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 805 (S.B. 1672), Sec. 4, eff. September 1, 2013.
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