A. The purpose of this act is to promote the public welfare by creating a comprehensive legal framework within which travel insurance may be sold in this state.

B. The requirements of the act shall apply to travel insurance covering any resident of this state that is sold, solicited, negotiated or offered in this state and policies and certificates that are delivered or issued for delivery in this state. It shall not apply to cancellation fee waivers and travel assistance services, except as expressly provided herein.

C. All other applicable provisions of this state's insurance laws shall continue to apply to travel insurance except that the specific provisions of the Travel Insurance Act shall supersede any general provisions of law that would otherwise be applicable to travel insurance.