Travel retailers themselves – the agencies and businesses that make, arrange, or offer planned travel – can continue to offer travel insurance to their customers, but only on behalf of and under the direction of a licensed travel insurance producer. An unlicensed retailer cannot evaluate or interpret technical terms, benefits, and conditions of travel insurance coverage, advise customers on existing coverage, or hold itself out as a licensed insurer, licensed producer, or insurance expert.
New Jersey imposes new travel insurance rules on producers, retailers, and insurers
By Awais
