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AK SB244
Bill
Status
Introduced
2/16/2026
Primary Sponsor
Labor & Commerce
Click for details
AI Summary
- Creates a new regulatory framework for travel insurance in Alaska, establishing licensing requirements for travel insurance limited producers and allowing travel retailers to offer travel insurance on behalf of licensed producers
- Defines eligible groups that may purchase group and blanket travel insurance policies, including tour operators, airlines, cruise lines, employers, schools, sports teams, religious organizations, and financial institutions
- Requires travel insurers to document policyholder residency and report only travel insurance premiums (excluding travel assistance services and cancellation fee waivers) for premium tax purposes
- Mandates consumer protections including disclosure of coverage terms, claims processes, and preexisting condition exclusions, with a 10-15 day cancellation window for full refunds depending on delivery method
- Prohibits unfair trade practices such as negative opt-out sales tactics (pre-checked boxes), marketing blanket coverage as "free," and selling policies that could never result in claim payment
Legislative Description
Travel Insurance
Motor Vehicles
Last Action
REFERRED TO LABOR & COMMERCE
2/16/2026
Committee Referrals
Labor & Commerce2/16/2026
Full Bill Text
No bill text available