OAR 836-071-0450
Requirements for Limited Travel Insurance Producer and Travel Retailer
(1)
In order to comply with ORS 744.104 (Travel insurance through travel retailers)(2)(b), a limited travel insurance producer shall:(a)
Establish and maintain a register containing all of the information required under ORS 744.104 (Travel insurance through travel retailers)(2)(a);(b)
Include on the register:(A)
The license number of any person described in ORS 744.104 (Travel insurance through travel retailers)(d) and 744.104 (Travel insurance through travel retailers)(e) who is a licensed insurance producer; or(B)
The fingerprints and background check results of any person described in ORS 744.104 (Travel insurance through travel retailers)(d) and 744.104 (Travel insurance through travel retailers)(e) who is not a licensed insurance producer; and(c)
Use the model form provided by the Director of the Department of Consumer and Business Services at www.insurance.oregon.gov or a substantially similar form filed with and approved by the director;(d)
Update retained information recorded on the register at least annually(e)
Maintain the register in such a manner that the document and all necessary required attachments are available to be submitted in electronic form to the director within 30 days of a request as under ORS 744.104 (Travel insurance through travel retailers)(2)(c);(f)
Maintain records of the register after the expiration of a policy as required under ORS 744.068 (Required notifications); and(g)
Notify the director in writing of any material changes in the affidavit described in ORS(2)
All persons specified in ORS 744.104 (Travel insurance through travel retailers)(2)(d) must:(a)
Hold a license as an insurance producer under ORS 744.052 (Definitions for ORS 744.052 to 744.089) to 744.089 (Report of administrative action taken against insurance producer);(3)
All persons specified in ORS 744.104 (Travel insurance through travel retailers)(2)(e) must:(a)
Furnish fingerprints and results from criminal history check as defined under OAR 836-072-0010 (Criminal Records Check Process) to the limited travel insurance producer keeping the register required under ORS 744.104 (Travel insurance through travel retailers)(2)(4)
A program of instruction or training described under ORS 744.104 (Travel insurance through travel retailers)(2)(g) shall:(a)
Include compliance with requirements under ORS 744.104 (Travel insurance through travel retailers)(3) and (4);(b)
Address the types of insurance offered by the limited travel insurance producer and ethical sales practices; and(c)
Be provided at least annually for all active travel retail employees.
Source:
Rule 836-071-0450 — Requirements for Limited Travel Insurance Producer and Travel Retailer, https://secure.sos.state.or.us/oard/view.action?ruleNumber=836-071-0450
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