Or. Admin. Code § 836-042-0316

Current through Register Vol. 63, No. 12, December 1, 2024
Section 836-042-0316 - Disclosure Required

Every insurer or insurance producer selling insurance under a mass marketing plan shall make full and fair disclosure to prospective insureds prior to sale of all features of the plan, whether favorable or unfavorable, including but not limited to premium rates, benefits, duration of coverage, policyholder services, conversion privileges available, and the financial interests in the plan, if any, of the association.

Or. Admin. Code § 836-042-0316

IC 8-1983, f. & ef. 11-10-83; ID 8-2005, f. 5-18-05, cert. ef. 8-1-05

Stat. Auth.: ORS 731

Stats. Implemented: ORS 737.346(3)(d)