Ala. Code § 27-64-7 (1975) Travel Insurance Regulations

• Library: Alabama Statutes
• Edition: 2023
• Currency: Current with legislation from the 2023 Regular and Special Sessions.
• Year: 2023
• Citation: Ala. Code § 27-64-7 (1975)

(a) All persons offering travel insurance to residents of this state are subject to the provisions of Chapter 12, except as otherwise provided in this section. In the event of a conflict between this section and other provisions of this title regarding the sale and marketing of travel insurance and travel protection plans, the provisions of this chapter shall control.

(b) Offering or selling a travel insurance policy that could never result in payment of any claims for any insured under the policy is an unfair trade practice under Chapter 12.

(c)

(1) All documents provided to customers prior to the purchase of travel insurance, including, but not limited to, sales materials, advertising materials, and marketing materials, shall be consistent with the travel insurance policy itself, including, but not limited to, forms, endorsements, policies, rate filings, and certificates of insurance.

(2) For travel insurance policies or certificates that contain preexisting condition exclusions, information and an opportunity to learn more about the preexisting condition exclusions shall be provided any time prior to the time of purchase, and in the coverage's fulfillment materials.

(3)

a. The fulfillment materials and the information described in paragraphs a. through d. of Section 27-64-4(d)(1) shall be provided to a policyholder or certificate holder as soon as practicable, following the purchase of a travel protection plan. Unless the insured has either started a covered trip or filed a claim under the travel insurance coverage, a policyholder or certificate holder may cancel a policy or certificate for a full refund of the travel protection plan price from the date of purchase of a travel protection plan until at least:

1. Fifteen days following the date of delivery of the travel protection plan's fulfillment materials by postal mail; or

2. Ten days following the date of delivery of the travel protection plans fulfillment materials by means other than postal mail.