NOTE: §1375 eff. Jan. 1, 2024. See Acts 2023, No. 94.

§1375. Producer training

            A. An insurance producer shall not sell, solicit, or negotiate a pet insurance product until the producer is licensed in a major line of authority and has completed the required training identified in Subsection C of this Section.

            B. An insurer shall ensure that its producers are trained on the topics prescribed in Subsection C of this Section and on the coverages and conditions of its pet insurance products.

            C. The training required pursuant to this Section shall include information on the following topics:

            (1) Preexisting conditions and waiting periods.

            (2) The differences between pet insurance and noninsurance wellness programs.

            (3) Hereditary disorders, congenital anomalies and disorders, chronic conditions, and how pet insurance policies interact with those conditions and disorders.

            (4) Rating, underwriting, renewal, and other related administrative topics.

            D. The satisfaction of the training requirements of another state that are substantially similar to the provisions of Subsection C of this Section shall be deemed to satisfy the training requirements in this state.

            Acts 2023, No. 94, §1, eff. Jan. 1, 2024.