Vermont Revisits Travel Requirements
Limited lines refers to a licensed MGA or TPA, a licensed producer (including limited lines producer), and a travel administrator. This announcement then further defines travel admins and travels insurance.
A person cannot act as a travel insurance producer or travel retailer unless they meet requirements and our properly licensed. A person licensed with a major line of authority is able to sell, solicit, and negotiate travel insurance. A property and casualty producer does not need to be appointed by an insurer to be able to sell, solicit, and negotiate travel.
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
AgentSync product, this will be highlighted to inform you that the product is being
updated to ensure you remain in compliance.