§ 6712. Definitions
Oklahoma Statutes AnnotatedTitle 36. InsuranceEffective: November 1, 2021
Effective: November 1, 2021
36 Okl.St.Ann. § 6712
§ 6712. Definitions
As used in the Travel Insurance Act, the term:
3. “Cancellation fee waiver” means a contractual agreement between a supplier of travel services and its customer to waive some or all of the nonrefundable cancellation fee provisions of the supplier's underlying travel contract, with or without regard to the reason for the cancellation or form of reimbursement. A cancellation fee waiver is not insurance;
a. any entity engaged in the business of providing travel or travel services including, but not limited to, tour operators, lodging providers, vacation property owners, hotels and resorts, travel clubs, travel agencies, property managers, cultural exchange programs and common carriers or the operator, owner or lessor of a means of transportation of passengers including, but not limited to, airlines, cruise lines, railroads, steamship companies and public bus carriers, wherein with regard to any particular travel or type of travel or travelers, all members or customers of the group must have a common exposure to risk attendant to such travel,
h. any trust or the trustees of a fund established, created or maintained for the benefit of and covering members, employees or customers, subject to the permission of the Insurance Commissioner, the use of a trust and the state's premium tax provisions in Section 6714 of this title of one or more associations meeting the above requirements of this paragraph,
l. any automobile or truck rental or leasing company covering a group of individuals who may become renters, lessees or passengers defined by their travel status on the rented or leased vehicles. The common carrier, the operator, owner or lessor of a means of transportation or the automobile or truck rental or leasing company is the policyholder under a policy to which this paragraph applies, or
10. “Travel administrator” means a person who directly or indirectly underwrites, collects charges, collateral or premiums from or adjusts or settles claims on residents of this state, in connection with travel insurance, except that a person shall not be considered a travel administrator if he or she is:
11. “Travel assistance services” means noninsurance services for which the consumer is not indemnified based on a fortuitous event, and where providing the services does not result in transfer or shifting of risk that would constitute the business of insurance. Travel assistance services include, but are not limited to: security advisories; destination information; vaccination and immunization information services; travel reservation services; entertainment; activity and event planning; translation assistance; emergency messaging; international legal and medical referrals; medical case monitoring; coordination of transportation arrangements; emergency cash transfer assistance; medical prescription replacement assistance; passport and travel document replacement assistance; lost luggage assistance; concierge services; and any other service that is furnished in connection with planned travel. Travel assistance services are not insurance and not related to insurance;
Travel insurance shall not include major medical plans that provide comprehensive medical protection for travelers with trips lasting longer than six (6) months including, but not limited to, those working or residing overseas as an expatriate, or any other product that requires a specific insurance producer license;
Credits
Laws 2018, c. 159, § 4, eff. Nov. 1, 2018; Laws 2021, c. 84, § 2, eff. Nov. 1, 2021.
36 Okl. St. Ann. § 6712, OK ST T. 36 § 6712
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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