Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 71 - INSURANCE LICENSING
Section 836-071-0287 - Transaction of Group Life, Health Insurance by Insurance Producer without Appointment
Universal Citation: OR Admin Rules 836-071-0287
Current through Register Vol. 63, No. 9, September 1, 2024
(1) Subject to section (2) of this rule:
(a) An
insurance producer licensed to transact life or health insurance, or both such
classes, may solicit group insurance authorized under the license of the
insurance producer for an insurer with whom the insurance producer does not
hold an appointment; and
(b) The
insurer may issue proposals based on the solicitation by the insurance
producer.
(2) If an insurance producer under section (1) of this rule submits to the insurer an application for group coverage based on the solicitation, the insurer may not issue the coverage unless the insurer files the notice of the appointment with the Director as provided in ORS 744.078.
Stat. Auth.: ORS 731.244
Stats. Implemented: ORS 744.053 & 744.078
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