Pet Insurance Training Requirements for Producers
Effective January 1, 2024, Louisiana adopted the Pet Insurance Model Act with Act 94 of the 2023 Regular Legislative Session. Act 94 requires producers to receive training prior selling a pet insurance product. It is the responsibility of the insurer to ensure that its producers have received training which must include the following topics:
- Preexisting conditions and waiting periods.
- The differences between pet insurance and noninsurance wellness programs.
- Hereditary disorders, congenital anomalies and disorders, chronic conditions, and how pet insurance policies interact with those conditions and disorders.
- Rating, underwriting, renewal, and other related administrative topics.
A producer who satisfied a similar pet insurance training requirement for another state will be considered to have satisfied Louisiana’s requirement.