Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 52 - INSURANCE POLICIES
Section 836-052-0860 - Form of Notice to Group Policyholder
Current through Register Vol. 63, No. 9, September 1, 2024
(1) The form of the notice required by ORS 743.560 shall be as established in this rule. The form shall be printed in 12 point type, one point leaded, and shall provide at least the following:
(2) In the notice to a group policyholder under this rule, the insurer need include only the information that applies to the group policyholder and certificate holder,
(3) An insurer may satisfy the notice requirements of ORS 743.560(2) and (3) in a single notice that is given at least 10 days prior to the end of the grace period under the policy. The notice must also satisfy the requirements of ORS 743.565.
(4) Notice of the availability of portability coverage is satisfied by compliance with the notice requirements of OAR 836-053-0750, relating to portability coverage.
(5) An insurer may give the notice required by ORS 743.560 electronically if each of the parties to the insurance policy has agreed to accept electronic notice pursuant to 84.013 and the notice and procedures followed by the parties otherwise satisfy the provisions of the Uniform Electronic Transactions Act at 84.001 to 84.070.
Stat. Auth.: ORS 731.244, 743.526, 743.560 & 743.562
Stats. Implemented: ORS 743.560