Travel Insurance Laws: A Patchwork

We thought you would find the following story in travelmarketreport of interest. The sale of travel health insurance is a contentious topic on both sides of the border. In Canada members express frustration of having to deal with the different provincials requirements to sell travel health insurance to their clients, ACTA formed an Insurance Committee to work toward a national solution. The committee is comprised of “insurance savvy” representatives from each of our six regional councils.

ACTA's insurance committee has held discussions with the provincial regulators to explore opportunities. With licensing being provincially regulated, the situation is complex. however like the acquisition of a driver's liscense, ACTA would like to see one exam and one license to qualify to sell travel health insurance accross Canada. It should not matter where in Canada you are selling the insurance from, but only whether you are licensed to do so. There may not be any simple solution but ACTA will continue to stay on the topic and the face of the bureaucrats who are influencers and decision makers on this subject.

STORY:
A coalition of ASTA and the U.S. Travel Insurance Association (USTia) will renew their push early in the new year for nationwide adoption of a model law to ease restrictions on sales of trip insurance, a development that would facilitate travel agents’ sale of this potentially lucrative add-on. FULL STORY