| 1 | A bill to be entitled |
| 2 | An act relating to limited licenses; amending s. 626.321, |
| 3 | F.S.; providing for limited licenses to transact travel |
| 4 | protection insurance; specifying authorized entities; |
| 5 | specifying applicable coverage; providing limitations; |
| 6 | providing entity training requirements; providing an |
| 7 | effective date. |
| 8 |
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| 9 | Be It Enacted by the Legislature of the State of Florida: |
| 10 |
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| 11 | Section 1. Paragraph (c) of subsection (1) of section |
| 12 | 626.321, Florida Statutes, is amended to read: |
| 13 | 626.321 Limited licenses.-- |
| 14 | (1) The department shall issue to a qualified individual, |
| 15 | or a qualified individual or entity under paragraphs (c), (d), |
| 16 | (e), and (i), a license as agent authorized to transact a |
| 17 | limited class of business in any of the following categories: |
| 18 | (c) Personal accident or travel protection |
| 19 | insurance.--License covering only policies of personal accident |
| 20 | or travel protection insurance covering the risks of travel, |
| 21 | except as provided in subparagraphs subparagraph 2. and 3. The |
| 22 | license may be issued only: |
| 23 | 1. To a full-time salaried employee of a common carrier or |
| 24 | a full-time salaried employee or owner of a transportation |
| 25 | ticket agency and may authorize the sale of such ticket policies |
| 26 | only in connection with the sale of transportation tickets, or |
| 27 | to the full-time salaried employee of such an agent. No such |
| 28 | policy shall be for a duration of more than 48 hours or for the |
| 29 | duration of a specified one-way trip or round trip. |
| 30 | 2. To a full-time salaried employee of a business which |
| 31 | offers motor vehicles for rent or lease, or to a business entity |
| 32 | which offers motor vehicles for rent or lease. A business office |
| 33 | licensed or a person licensed pursuant to this subparagraph may, |
| 34 | as an agent of an insurer, transact insurance that provides |
| 35 | coverage for accidental personal injury or death of the lessee |
| 36 | and any passenger who is riding or driving with the covered |
| 37 | lessee in the rental motor vehicle if the lease or rental |
| 38 | agreement is for not more than 30 days, or if the lessee is not |
| 39 | provided coverage for more than 30 consecutive days per lease |
| 40 | period; however, if the lease is extended beyond 30 days, the |
| 41 | coverage may be extended one time only for a period not to |
| 42 | exceed an additional 30 days. |
| 43 | 3. To an entity that is: |
| 44 | a. The developer of a timeshare plan that is the subject |
| 45 | of an approved public offering statement under chapter 721; |
| 46 | b. An exchange company operating an exchange program |
| 47 | approved under chapter 721; |
| 48 | c. A managing entity operating a timeshare plan approved |
| 49 | under chapter 721; |
| 50 | d. A seller of travel as defined in chapter 559; or |
| 51 | e. A subsidiary or affiliate of any of the entities |
| 52 | described in sub-subparagraphs a.-d. |
| 53 |
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| 54 | Any entity licensed pursuant to this subparagraph and its |
| 55 | employees, as the agent of an insurer, may offer policies or |
| 56 | certificates of insurance that provide coverage for risks of |
| 57 | travel, including, but not limited to, accidental death and |
| 58 | dismemberment; trip cancellation, interruption, or delay; loss |
| 59 | of or damage to personal effects or travel documents; baggage |
| 60 | delay; emergency medical travel or evacuation; and medical, |
| 61 | surgical, and hospital expenses of a traveler related to an |
| 62 | illness or emergency that are incidental to planned travel or |
| 63 | accommodations. Any such policy or certificate may be issued for |
| 64 | terms longer than 60 days but each policy or certificate shall |
| 65 | be limited to coverage for travel or use of accommodations of no |
| 66 | longer than 60 days. The provisions of this chapter requiring |
| 67 | submission of fingerprints do not apply to entities licensed |
| 68 | under this subparagraph. The employee of a licensee who offers |
| 69 | policies or certificates under this subparagraph must receive |
| 70 | initial training from a general lines agent or an insurer |
| 71 | authorized under chapter 624 to transact insurance within this |
| 72 | state. |
| 73 | Section 2. This act shall take effect July 1, 2007. |