OR HB2128

Establishes comprehensive regulatory framework for travel protection plans in Oregon, allowing sellers to combine travel insurance, travel assistance services, and cancellation fee waivers at one price with required written disclosures before purchase

Requires travel insurance administrators to hold valid licenses from the Department of Consumer and Business Services, and holds insurers responsible for the acts of administrators handling their policies

Provides consumers a free-look period of 15 days (postal mail) or 10 days (electronic delivery) to cancel travel protection plans for a full refund if travel has not begun and no claim has been filed

Prohibits unlawful practices including selling travel insurance that could never pay a claim, marketing blanket travel insurance as free, and selling coverage on a negative option or opt-out basis requiring consumers to uncheck pre-selected boxes

Becomes operative January 1, 2026, with the act taking effect 91 days after the 2025 legislative session adjourns