ORS Chapter 743 - Oregon Statutes

Chapter 743 — Healthand Life Insurance

 

2009 EDITION

 

 

HEALTHAND LIFE INSURANCE

 

INSURANCE

 

GENERALPROVISIONS

 

743.010     Healthinsurance policy and health benefit plan forms; rules

 

743.013     Disclosureof differences in replacement health insurance policies; nonduplication forpersons 65 and older; rules

 

743.015     Filingand approval of credit life and credit health insurance forms; filing of rates

 

743.018     Filingof rates for life and health insurance; rules

 

743.019     Publiccomment on proposed rates for health insurance

 

743.020     Ratefiling to include statement of administrative expenses; rules

 

743.024     Personalinsurance, insurable interest and beneficiaries

 

743.027     Consentof individual required for life and health insurance; exceptions

 

743.028     Uniformhealth insurance claim forms

 

743.030     Lifeinsurance for benefit of charity

 

743.039     Alterationof application for life or health insurance

 

743.041     Paymentdischarges insurer

 

743.043     Assignmentof policies

 

743.046     Exemptionof proceeds of individual life insurance other than annuities

 

743.047     Exemptionof proceeds of group life insurance

 

743.049     Exemptionof proceeds of annuity policies; assignability of rights

 

743.050     Exemptionof proceeds of health insurance

 

743.053     Prohibitionon requirement that death or dismemberment occur in less than 180 days afteraccident

 

POLICYLANGUAGE SIMPLIFICATION

 

743.100     Shorttitle

 

743.101     Purpose

 

743.103     Definitionsfor ORS 743.100 to 743.109

 

743.104     Scopeof ORS 743.100 to 743.109

 

743.106     Readingease standards for life and health insurance policies

 

743.107     Whendirector may authorize lower standards

 

743.109     Approvalof certain policy forms containing specified provisions; conditions forapproval

 

INDIVIDUALLIFE INSURANCE AND ANNUITIES

 

(Generally)

 

743.150     Scopeof ORS 743.150, 743.153 and 743.156

 

743.153     Statementof benefits

 

743.154     Accelerationof death benefits; rules

 

743.156     Statementof premium

 

(IndividualLife Insurance Policies)

 

743.159     Scopeof ORS 743.162 to 743.243

 

743.162     Paymentof premium

 

743.165     Graceperiod

 

743.168     Incontestability

 

743.171     Incontestabilityand limitation of liability after reinstatement

 

743.174     Entirecontract

 

743.177     Statementsof insured

 

743.180     Misstatementof age

 

743.183     Dividends

 

743.186     Policyloan

 

743.187     Maximuminterest rate on policy loan; adjustable interest rate

 

743.189     Reinstatement

 

743.192     Paymentof claim; payment of interest upon failure to pay proceeds

 

743.195     Installmentpayments

 

743.198     Title

 

743.201     Beneficiaryof industrial policies

 

743.204     StandardNonforfeiture Law for Life Insurance; applicability

 

743.207     Requiredprovisions relating to nonforfeiture

 

743.210     Determinationof cash surrender values; applicability to certain policies

 

743.213     Determinationof paid-up nonforfeiture benefits

 

743.215     Calculationof adjusted premiums

 

743.216     Adjustedpremiums; applicability

 

743.218     Requirementsfor determination of future premium amounts or minimum values

 

743.219     Supplementalrules for calculating nonforfeiture benefits

 

743.221     Cashsurrender values upon default in premium payment

 

743.222     Policybenefits and premiums that shall be disregarded in calculating cash surrendervalues and paid-up nonforfeiture benefits

 

743.225     Prohibitedprovisions

 

743.228     Actsof corporate insured or beneficiary with respect to policy

 

743.230     Variablelife policy provisions

 

743.231     “Profit-sharingpolicy” defined

 

743.234     “Charterpolicy” or “founders policy” defined

 

743.237     “Couponpolicy” defined

 

743.240     Profit-sharing,charter or founders policies prohibited

 

743.243     Restrictionson form of coupon policy

 

743.245     Variablelife insurance policy provisions

 

743.247     Noticeto variable life insurance policyholders

 

(IndividualAnnuity and Pure Endowment Policies)

 

743.252     Scopeof ORS 743.255 to 743.273

 

743.255     Graceperiod for annuities

 

743.258     Incontestability

 

743.261     Entirecontract

 

743.264     Misstatementof age or sex

 

743.267     Dividends

 

743.268     Advancementof policy loans

 

743.269     Periodicpayments for period certain

 

743.270     Reinstatement

 

743.271     Periodicstipulated payments on variable annuities

 

743.272     Computingbenefits

 

743.273     Standardprovisions of reversionary annuities

 

743.275     StandardNonforfeiture Law for Individual Deferred Annuities; application

 

743.278     Requiredprovisions in annuity policies; exception

 

743.284     Computationof benefits

 

743.287     Commencementof annuity payments at optional maturity dates; calculation of benefits

 

743.290     Noticeof nonpayment of certain benefits to be included in annuity policy

 

743.293     Minimumforfeiture amounts for annuity policies; rules

 

743.295     Effectof certain life insurance and disability benefits on minimum nonforfeitureamounts

 

GROUPLIFE INSURANCE

 

743.303     Requirementsfor issuance of group life insurance policies

 

743.306     Requiredprovisions in group life insurance policies

 

743.309     Nonforfeitureprovisions

 

743.312     Graceperiod

 

743.315     Incontestability

 

743.318     Application;representations by policyholders and insureds

 

743.321     Evidenceof insurability

 

743.324     Misstatementof age