Provides for the issuance of pet insurance

This bill establishes a legal framework for pet insurance by defining specific terms like "preexisting condition" and "chronic condition" within the state insurance law. It requires insurers to clearly disclose policy details, such as exclusions, waiting periods, and how claim payments are calculated, to ensure consumers understand their coverage. Additionally, the legislation grants applicants a 30-day "free look" period to return a policy for a full refund if they are not satisfied, provided no claims have been filed. Although the bill passed the Senate, it was ultimately vetoed by the Governor and did not become law.