24-A §7052. Definitions

24-A ME Rev Stat § 7052 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

§7052. Definitions

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 2015, c. 133, §4 (NEW).]

1.  Designated responsible producer.  "Designated responsible producer" means the individual licensed producer responsible for ensuring compliance by the supervising travel insurance producer with travel insurance laws and rules of the State.

[PL 2015, c. 133, §4 (NEW).]

2.  Offer and disseminate.  "Offer and disseminate" means providing general information, including a description of the coverage and price, as well as processing the application and collecting premiums.

[PL 2015, c. 133, §4 (NEW).]

3.  Supervising travel insurance producer.  "Supervising travel insurance producer" means a business entity licensed in accordance with this chapter to sell, solicit and negotiate travel insurance that is offered and disseminated by travel retailers.

[PL 2015, c. 133, §4 (NEW).]

4.  Travel insurance.  "Travel insurance" means insurance coverage as defined in section 1420-F, subsection 1, paragraph H.

[PL 2015, c. 133, §4 (NEW).]

5.  Travel retailer.  "Travel retailer" means a business entity that makes, arranges or offers travel services.

[PL 2015, c. 133, §4 (NEW).]

SECTION HISTORY

PL 2015, c. 133, §4 (NEW).