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Title: Travel Insurance Producer Business Entity License
Alternate Title:
Description:

A business entity acting as an insurer designee (such as a managing general underwriter, managing general agent, or licensed limited lines producer of travel insurance) that directs a travel retailer that offers and disseminates travel insurance on its behalf is required to hold a Travel Insurance Business Entity Producer license. Minnesota Department of Commerce


Subject: Insurance
Creation Date: 1/20/2011 10:34:00 AM
Modification Date: 1/20/2011 10:34:00 AM
Agency Name: Commerce, Minnesota Department of
Agency URL: https://mn.gov/commerce/
Agency Description: The Minnesota Department of Commerce is the chief regulator for the banking, energy, insurance, real estate, securities, telecommunications industries and also operates Minnesota's Unclaimed Property.
Agency Phone: 651-539-1600
800-857-3602
Agency Fax: Agency URL: https://mn.gov/commerce/
Agency Address:
85 7th Place East, Suite 500

St. Paul
MN
55101
Unit Name: Licensing Unit
Unit URL:
Unit Description:
Unit Phone: 651-539-1599
800-657-3978
Unit Fax: Contact person(s): licensing.commerce@state.mn.us
Unit URL:
Audience: Application URL:
Renewal URL:
Versa URL:
Requirements:

A business entity acting as an insurer designee (such as a managing general underwriter, managing general agent, or licensed limited lines producer of travel insurance) that directs a travel retailer that offers and disseminates travel insurance on its behalf is required to hold a Travel Insurance Business Entity Producer license. As used here, “travel insurance” means insurance coverage for personal risks incident to planned travel, including, but not limited to interruption or cancellation of trip or event; loss of baggage or personal effects; damages to accommodations or rental vehicles; or sickness, accident, disability, or death occurring during travel. “Travel insurance” as used here does not include major medical plans that provide comprehensive medical protection for travelers with trips lasting six months or longer, including those working overseas as an expatriate or military personnel being deployed.

Rules:  

Statutes: 60K.383

Forms:

Travel Insurance Producer Business Entity License Application

Background Check Consent Form
 (.pdf)


Fees:

License fee - $200


Period of Issuance:

Up to 24 months, expiring on October 31 of the assigned renewal year.


Length of Determination: 2 - 4 weeks.
Other Info:
Activity: Insurance
License Detail URL:

Travel Insurance Business Entity Producer

Insurance -Business Entities

Insurance

License Lookup Directory

Minnesota Department of Commerce


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