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§ 4603. Licensure of limited lines travel insurance producers

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. InsuranceEffective: September 28, 2018

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 40 P.S. Insurance (Refs & Annos)
Chapter 46. Travel Insurance Modernization Act
Effective: September 28, 2018
40 P.S. § 4603
§ 4603. Licensure of limited lines travel insurance producers
(a) Requirement.--A limited lines travel insurance producer is required to hold a limited lines travel insurance license to sell, solicit or negotiate coverage under a policy of travel insurance.
(b) Limited lines license.--A limited lines license issued under this act shall authorize a travel retailer registered under the license of the limited lines insurance producer, and each employee or authorized representative of the travel retailer, to offer and disseminate coverage under a policy of travel insurance to a customer at each location where the travel retailer or authorized representative engages in travel insurance transactions and to receive compensation from the limited lines travel insurance producer for those activities.
(c) License.--Notwithstanding any other provision of law, a license issued under this section shall authorize the licensee, a travel retailer registered under the licensee's license and an employee or authorized representative of the travel retailer to engage in activities permitted in this section.

Credits

2018, May 31, P.L. 125, No. 26, § 3, effective in 120 days [Sept. 28, 2018].
40 P.S. § 4603, PA ST 40 P.S. § 4603
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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