Section Ins 4703.06 - Minimum Policy Requirements 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: (1) The actual cost of the insured fare; or(2) The actual loss incurred by the policyholder or covered individual, inclusive of any refunds received or credits toward future travel; and(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.N.H. Admin. Code § Ins 4703.06
Adopted byVolume XXXIV Number 41, Filed October 9, 2014, Proposed by #10681, Effective 11/3/2014, Expires 11/3/2024