Vermont Statutes Title 8 Sec. 7126
Terms Used In Vermont Statutes Title 8 Sec. 7126
- Fulfillment materials: means documentation sent to the purchaser of a travel protection plan confirming the purchase and providing the travel protection plan's coverage and assistance details. See
- Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
- Travel assistance services: means noninsurance services for which the consumer is not indemnified based on a fortuitous event and where providing the service does not result in transfer or shifting of risk that would constitute the business of insurance. See
- Travel insurance: means insurance coverage for personal risks incident to planned travel, including:
- Travel protection plan: means a plan that provides one or more of the following: travel insurance, travel assistance services, or cancellation fee waivers. See
§ 7126. Travel protection plans
A travel protection plan may be offered for one price for the combined features that the travel protection plan offers in this State if:
(1) the travel protection plan clearly discloses to the consumer, at or prior to the time of purchase, that it includes travel insurance, travel assistance services, or cancellation fee waivers, as applicable, and provides information and an opportunity, at or prior to the time of purchase, for the consumer to obtain additional information regarding the features and pricing of each;
(2) the person offering the travel protection plan that includes a travel insurance policy complies with section 7127 of this title; and
(3) the fulfillment materials:
(A) describe and delineate the travel insurance, travel assistance services, and cancellation fee waivers in the travel protection plan; and
(B) include the travel insurance disclosures and the contact information for persons providing travel assistance services and cancellation fee waivers, as applicable. (Added 2021, No. 139 (Adj. Sess.), § 10, eff. August 25, 2022.)