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A bill to be entitled |
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An act relating to personal accident insurance agent |
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limited licenses; amending s. 626.321, F.S.; revising |
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criteria for issuing an agent’s license for limited |
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classes of business relating to insurance sales incidental |
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to the rental or lease of motor vehicles; increasing the |
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authorized coverage period; providing an effective date. |
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Be It Enacted by the Legislature of the State of Florida: |
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Section 1. Paragraphs (c) and (d) of subsection (1) of |
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section 626.321, Florida Statutes, are amended to read: |
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626.321 Limited licenses.-- |
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(1) The department shall issue to a qualified individual, |
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or a qualified individual or entity under paragraphs (c), (d), |
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(e), and (i), a license as agent authorized to transact a |
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limited class of business in any of the following categories: |
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(c) Personal accident insurance.--License covering only |
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policies of personal accident insurance covering the risks of |
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travel, except as provided in subparagraph 2. The license may be |
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issued only: |
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1. To a full-time salaried employee of a common carrier or |
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a full-time salaried employee or owner of a transportation |
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ticket agency and may authorize the sale of such ticket policies |
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only in connection with the sale of transportation tickets, or |
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to the full-time salaried employee of such an agent. No such |
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policy shall be for a duration of more than 48 hours or for the |
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duration of a specified one-way trip or round trip. |
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2. To a full-time salaried employee of a business which |
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offers motor vehicles for rent or lease, or to a business office |
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of a business entitywhich offers motor vehicles for rent or |
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lease if insurance sales activities authorized by the license |
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are in connection with and incidental to the rental of a motor |
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vehiclelimited to full-time salaried employees. A business |
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entityoffice licensed or a person licensed pursuant to this |
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subparagraphmay, as an agent of an insurer, transact insurance |
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that provides coverage for accidental personal injury or death |
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of the lessee and any passenger who is riding or driving with |
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the covered lessee in the rental motor vehicle if the lease or |
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rental agreement is for not more than 9030days, or if the |
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lessee is not provided coverage for more than 9030consecutive |
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days per lease period; however, if the lease is extended beyond |
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9030days, the coverage may be extended one time only for a |
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period not to exceed an additional 30 days. |
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(d) Baggage and motor vehicle excess liability |
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insurance.-- |
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1. License covering only insurance of personal effects |
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except as provided in subparagraph 2. The license may be issued |
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only: |
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a. To a full-time salaried employee of a common carrier or |
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a full-time salaried employee or owner of a transportation |
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ticket agency, which person is engaged in the sale or handling |
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of transportation of baggage and personal effects of travelers, |
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and may authorize the sale of such insurance only in connection |
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with such transportation; or |
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b. To the full-time salaried employee of a licensed |
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general lines agent, a full-time salaried employee of a business |
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which offers motor vehicles for rent or lease, or to a business |
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office of a business entitywhich offers motor vehicles for rent |
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or lease if insurance sales activities authorized by the license |
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are in connection with and incidental to the rental of a motor |
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vehiclelimited to full-time salaried employees. |
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The business entity offeringpurchaser of baggageinsurance |
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shall make availablebe provided written information disclosing |
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that statesthe insured's homeowner's policy may provide |
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coverage for loss of personal effects and that the purchase of |
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such insurance is not required in connection with the purchase |
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of tickets or in connection with the lease or rental of a motor |
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vehicle. |
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2. A business entityoffice licensed pursuant to |
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subparagraph 1., or a person licensed pursuant to subparagraph |
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1. who is a full-time salaried employee of a businesswhich |
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offers motor vehicles for rent or lease, may include lessees |
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under a master contract providing coverage to the lessor or may |
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transact excess motor vehicle liability insurance providing |
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coverage in excess of the standard liability limits provided by |
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the lessor in its lease to a person renting or leasing a motor |
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vehicle from the licensee's employer for liability arising in |
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connection with the negligent operation of the leased or rented |
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motor vehicle, provided that the lease or rental agreement is |
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for not more than 9030days; that the lessee is not provided |
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coverage for more than 9030consecutive days per lease period, |
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and, if the lease is extended beyond 9030days, the coverage |
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may be extended one time only for a period not to exceed an |
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additional 30 days; that the business entity offering insurance |
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makes available information that states the lessee’slessee is |
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given written notice that his or herpersonal insurance policy |
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providing coverage on an owned motor vehicle may provide |
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additional excess coverage; and that the purchase of the |
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insurance is not required in connection with the lease or rental |
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of a motor vehicle. The excess liability insurance may be |
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provided to the lessee as an additional insured on a policy |
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issued to the licensee's employer. |
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3. A business entityoffice licensed pursuant to |
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subparagraph 1., or a person licensed pursuant to subparagraph |
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1. who is a full-time salaried employee of a businesswhich |
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offers motor vehicles for rent or lease, may, as an agent of an |
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insurer, transact insurance that provides coverage for the |
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liability of the lessee to the lessor for damage to the leased |
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or rented motor vehicle if: |
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a. The lease or rental agreement is for not more than 90 |
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30 days; or the lessee is not provided coverage for more than 90 |
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30consecutive days per lease period, but, if the lease is |
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extended beyond 9030days, the coverage may be extended one |
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time only for a period not to exceed an additional 30 days; |
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b. The business entity makes available information that |
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states that:
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(I) The lessee’slessee is given written notice that his |
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or herpersonal insurance policy that provides coverage on an |
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owned motor vehicle may provide such coverage with or without a |
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deductible; and |
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(II)c.The purchase of the insurance is not required in |
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connection with the lease or rental of a motor vehicle. |
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Section 2. This act shall take effect upon becoming a law. |