Licensure & Compliance
Florida Statutes 626.321 (1) (c) defines “TRAVEL INSURANCE” as
policies and certificates of travel insurance which may provide
coverage for risks incidental to travel, planned travel, or
accommodations while traveling, including, but not limited to,
accidental death and dismemberment of a traveler; trip cancellation,
interruption, or delay; loss of or damage to personal effects or
travel documents; baggage delay; emergency medical travel or
evacuation of a traveler; or medical, surgical, and hospital
expenses related to an illness or emergency of a traveler. Any such
policy or certificate may be issued for terms longer than 60 days,
but each policy or certificate, other than a policy or certificate
providing coverage for air ambulatory services only, must be limited
to coverage for travel or use of accommodations of no longer than 60
days. The license may be issued only:
a) The developer of a timeshare plan that is the
subject of an approved public offering statement under chapter 721;
b) An exchange company operating an exchange
program approved under chapter 721;
c) A managing entity operating a timeshare plan
approved under chapter 721;
d) A seller of travel as defined in chapter 559;
or
e) A subsidiary or affiliate of any of the entities described in a.-d.
A licensee shall require each employee who offers policies or certificates under this subparagraph to receive initial training from a general lines agent or an insurer authorized under chapter 624 to transact insurance within this state. For an entity applying for a license as a travel insurance agent, the fingerprinting requirement of this section applies only to the president, secretary, and treasurer and to any other officer or person who directs or controls the travel insurance operations of the entity.