New Hampshire Code of Administrative Rules
Ins - Commissioner, Insurance Department
Chapter Ins 4700 - TRAVEL INSURANCE
Part Ins 4703 - PERSONAL INLAND MARINE TRAVEL INSURANCE
Section Ins 4703.06 - Minimum Policy Requirements
Current through Register No. 40, October 3, 2024
Inland marine travel insurance coverage shall:
(a) Conform to the policy cancellation requirements of RSA 417-B;
(b) Provide valuation of lost or damaged personal or business personal property on either an actual cash value basis or based on the cost to repair or replace the property;
(c) For inland marine travel insurance policies that include coverage for lost or damaged personal or business property, provide a minimum coverage limit for such lost or damaged property of at least $500;
(d) For inland marine travel insurance policies that include coverage for emergency medical and dental benefits, provide such coverage with limits not exceeding $50,000 in aggregate, exclusive of the costs of any medical transportation necessary to address a medical or dental emergency;
(e) For inland marine travel insurance policies that include trip cancellation or trip interruption benefits, provide reimbursement up to the coverage limit of the policy for the lesser of:
(f) Provide to the consumer access to a toll free telephone number, staffed by the insurer 7 days a week, 24 hours a day, and prominently display this toll free number in the policy.
