1. (a) Inland marine travel insurance shall be payable in connection with a covered trip, involving:

   1. (1) Travel away from a covered individual’s home for a specified time; or
   2. (2) Travel away from a covered individual’s place of business for a specified time.
2. (b) Coverage may be issued to cover foreign and domestic travel.

3. (c) The duration of the policy coverage shall not exceed the end of the scheduled period of a covered trip as provided during the individual’s insurance application process, including any revisions to such period prior to the date of departure unless:

   1. (1) Arrival at the covered individual's final destination occurs before the scheduled trip end date, in which case the coverage period may end at the time the individual arrives at the final destination; or
   2. (2) Arrival at the covered individual’s final destination is delayed for a covered reason, in which case the coverage period may be extended until the individual arrives at the final destination; and
4. (d) The policy may be issued based upon the duration of the trip or may be issued on a monthly or annual basis, so long as coverage is only applicable to losses occurring on a covered trip.
5. (e) Coverage for dependents or travel companions shall be allowed so long as the coverage is defined and covers only individuals traveling on a covered trip.

6. (f) Inland marine travel insurance may provide coverage for any or all of the following:

   1. (1) Interruption, delay, or cancellation of trip or event;
   2. (2) Loss or delay of baggage or personal effects;
   3. (3) Damages to accommodations or rental vehicles;
   4. (4) Emergency evacuation;
   5. (5) Repatriation of remains;
   6. (6) Sickness, accident, disability, or death; or
   7. (7) Any other contractual obligations to indemnify or pay a specified amount to the traveler upon determinable contingencies related to travel.
7. (g) Indemnity insurance within an inland marine travel policy shall not be reduced or modified based on receipt of any other income or any other benefits other than refunds, reimbursements, credits, or vouchers for travel made available to the insured from the insured’s travel agent, travel carrier, or other travel service provider provided that, nothing contained in the foregoing shall require an insurer to reimburse a covered individual in an amount greater than that covered individual’s actual loss.

Source. #10681, eff 11-3-14; ss by #13989, eff 5-29-24