Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 71 - INSURANCE LICENSING
Section 836-071-0450 - Requirements for Limited Travel Insurance Producer and Travel Retailer

Universal Citation: OR Admin Rules 836-071-0450

Current through Register Vol. 63, No. 9, September 1, 2024

(1) In order to comply with ORS 744.104(2)(b), a limited travel insurance producer shall:

(a) Establish and maintain a register containing all of the information required under ORS 744.104(2)(a);

(b) Include on the register:
(A) The license number of any person described in ORS 744.104(d) and ORS 744.104(e) who is a licensed insurance producer; or

(B) The fingerprints and background check results of any person described in ORS 744.104(d) and ORS 744.104(e) who is not a licensed insurance producer; and

(c) Use the model form provided by the director of the Department of Consumer and Business Services at dfr.oregon.gov or a substantially similar form filed with and approved by the director;

(d) Update retained information recorded on the register at least annually

(e) Maintain the register in such a manner that the document and all necessary required attachments are available to be submitted in electronic form to the director within 30 days of a request as under ORS 744.104(2)(c);

(f) Maintain records of the register after the expiration of a policy as required under ORS 744.068; and

(g) Notify the director in writing of any material changes in the affidavit described in ORS

(2) All persons specified in ORS 744.104(2)(d) must:

(a) Hold a license as an insurance producer under ORS 744.052 to 744.089;

(3) All persons specified in ORS 744.104(2)(e) must:

(a) Furnish fingerprints and results from criminal history check as defined under OAR 836-072-0010 to the limited travel insurance producer keeping the register required under ORS 744.104(2)

(4) A program of instruction or training described under ORS 744.104(2)(g) shall:

(a) Include compliance with requirements under ORS 744.104(3) and (4);

(b) Address the types of insurance offered by the limited travel insurance producer and ethical sales practices; and

(c) Be provided at least annually for all active travel retail employees.

Table referenced is not included in rule text. Click here for PDF of table.

Statutory/Other Authority: ORS 731.244, ORS 744.111, ORS 744.062 & ORS 744.104

Statutes/Other Implemented: ORS 744.062, ORS 744.101, ORS 744.104 & ORS 744.107

Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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