_______________________________________________
SUBSTITUTE
SENATE BILL 6746
_______________________________________________
AS
AMENDED BY THE HOUSE
Passed
Legislature - 1998 Regular Session
State of Washington 55th
Legislature 1998 Regular Session
By
Read first time 02/06/98.
Regulating
purchasing of insurance services.
AN
ACT Relating to purchasing of insurance services; and creating a new section.
BE IT ENACTED BY THE
LEGISLATURE OF THE STATE OF WASHINGTON:
NEW
SECTION. Sec. 1. (1)
Any person, firm, partnership, corporation, or association promising, in
exchange for dues, assessments, or periodic or lump-sum payments, to furnish
members or subscribers with assistance in matters relating to trip
cancellation, bail bond service or any accident, sickness, or death insurance
benefit program must:
(a)
Have a certificate of authority, issued by the insurance commissioner,
authorizing the person, firm, partnership, corporation, or association to sell
that coverage in this state; or
(b)
Purchase the service or insurance from a company that holds a certificate of
authority, issued by the insurance commissioner, authorizing the company to
sell that coverage in this state. If coverage cannot be procured from an
authorized insurer holding a certificate of authority issued by the insurance
commissioner, insurance may be procured from an unauthorized insurer subject to
chapter 48.15 RCW.
(2)
Travel or automobile related products or assistance including but not limited
to community traffic safety service, travel and touring service, theft or
reward service, map service, towing service, emergency road service, lockout or
lost key service, reimbursement of emergency expenses due to a vehicle
disabling accident, or legal fee reimbursement service in the defense of
traffic offenses shall not be considered to be insurance for the purposes of
Title 48 RCW.
(3)
Violation of this section is subject to the enforcement provisions of RCW
48.02.080 and to the hearing and appeal provisions of chapter 48.04 RCW.
