Publication Date
2022-04-28
effective date
2023-01-01
jurisdiction
Maine Requiring Pet Insurance Training
On 1/1/23 Pet insurance carriers will be required to provide training to both residents and non-residents.
The training must cover the following: - Pre-existing conditions and waiting periods - The different between pet insurance and non-insurance wellness programs - Hereditary disorders, congenital anomalies or disorders, and chronic conditions and how pet insurance works with these - Rating, underwriting, renewal, and other administrative topics
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
categories
Education and Training