Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 60 - INSURANCE POLICIES (ORS CHAPTER 743)
Section 836-060-0027 - Credit Life Reserves
Universal Citation: OR Admin Rules 836-060-0027
Current through Register Vol. 63, No. 12, December 1, 2024
(1) For policies or certificates issued prior to January 1, 2001, the minimum reserve standard is the Commissioners 1958 Extended Term Insurance Table and 4.5% interest.
(2) For policies or certificates issued on or after January 1, 2001, the minimum reserve standard is the Male Commissioners 1980 Standard Ordinary Mortality Table and 4.5% interest.
Stat. Auth.: ORS 731.244
Stats. Implemented: ORS 733.306(8)
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