Sec. 4055.156. DUTIES OF TRAVEL RETAILERS. (a) A travel retailer offering and disseminating travel insurance under this subchapter shall register with an insurer in a registry established under Section 4055.155.
(b) The travel retailer shall make available to travelers brochures or other written materials that:
(1) provide the name, address, and contact information of the authorized insurer and the supervising entity;
(2) explain that the purchase of travel insurance is not required for the purchase from the travel retailer of any other product or service; and
(3) disclose that the travel retailer is authorized to provide general information about travel insurance, including a description of coverage and the price for coverage, but is not qualified or authorized to provide answers to questions about specific policy terms or to evaluate the adequacy of the traveler's existing insurance coverage.
(c) A travel retailer may not:
(1) evaluate or interpret technical words or phrases used in a travel insurance policy or benefits under or terms of the policy;
(2) evaluate or provide advice related to a traveler's existing insurance coverage; or
(3) advertise or otherwise hold out the travel retailer as a license holder or an insurance expert.
(d) A travel retailer that complies with this subchapter may receive compensation for offering and disseminating travel insurance on behalf of a supervising entity on or after the date the retailer registers with the insurer under this subchapter.
Added by Acts 2013, 83rd Leg., R.S., Ch. 805 (S.B. 1672), Sec. 5, eff. September 1, 2013.
Structure Texas Statutes
Title 13 - Regulation of Professionals
Chapter 4055 - Specialty Agents
Subchapter D. Travel Insurance
Section 4055.1515. Travel Insurance Supervising Entity and Travel Administrator
Section 4055.152. Specialty License; License Not Required for Travel Retailer
Section 4055.153. Authority of Travel Retailer
Section 4055.154. Travel Insurance Generally
Section 4055.155. Duties of Insurers and Supervising Entities