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Monday, May 20, 2024

Phillips-Hill’s Measure Enhancing Pennsylvania’s Travel Insurance Framework Garners Senate Support

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State Senator Kristin Phillips-Hill | Pennsylvania

State Senator Kristin Phillips-Hill | Pennsylvania

The Senate of Pennsylvania has unanimously approved legislation aimed at updating the regulatory framework for travel insurance in the state. The measure, sponsored by Sen. Kristin Phillips-Hill, seeks to provide a more efficient and effective system for regulating travel insurance.

According to Sen. Phillips-Hill, travel insurance remains an important commodity that responds to consumer demand. However, the current regulatory framework does not always align with the unique characteristics of travel insurance. The legislation proposed by Phillips-Hill aims to address this issue by codifying a comprehensive set of legal requirements specific to travel insurance.

One of the key aspects of the legislation is the distinction between insurance and non-insurance elements of Travel Protection Plans. This differentiation is crucial in establishing the appropriate scope and reach of the regulatory framework. By clearly defining these elements, the legislation aims to provide clarity and consistency for both consumers and insurers.

Sen. Phillips-Hill emphasized the importance of modernizing and updating the laws surrounding travel insurance, particularly in a post-pandemic world where more people are expected to travel. Making it easier for consumers and insurers to navigate the complexities of travel insurance is a priority for the senator.

If passed, this legislation would bring Pennsylvania in line with 32 other states that have already enacted similar enhanced travel insurance frameworks. The unanimous support in the Senate signifies a recognition of the need to adapt the regulatory framework to the evolving needs of the travel insurance industry.

The legislation now moves to the House of Representatives for consideration. If it successfully passes through the House, Pennsylvania will join the growing number of states that have taken steps to modernize their travel insurance regulations.

To find out more, go to this link: https://senatorkristin.com/2023/12/12/phillips-hills-measure-enhancing-pennsylvanias-travel-insurance-framework-garners-senate-support/

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