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Oregon Administrative Rules

14

Or. Admin. R. ch. 836, div. 14

Alternative Insurance Organizations

Department of Consumer and Business Services

0001Purpose, Authority and Effective Date 0005Applicability and Scope 0010Required Capitalization 0015Annual Financial Statement 0020Deposits 0025Bond 0030Sales Representatives 0035Registration of Legal Expense Organization 0040Amendments to Registration 0042Renewal of Legal Expense Organization Registration 0045Unfair Trade Practice 0100Actuarial Certification; Guidelines 0200Statutory Authority and Implementation 0205Definitions 0210License Fees 0220Life Settlement Provider License Requirements 0226Life Settlement Investment Agent Licensing Requirements 0230Renewal Requirements 0240Filing Requirements, Life Settlement Contracts and Disclosure Statement Forms; Promotional, Advertising and Marketing Materials 0250Contents of Life Settlement Contracts 0260Rights and Duties of Parties to Life Settlement Contract 0263Request to Insurer for Verification of Coverage 0265Response by Insurer 0270Standards for Evaluation of Reasonable Payments; Definition of “Terminal Illness or Condition”0280Disclosure Required 0285Disclosures to Insurer 0290Contacts by Life Settlement Provider or Broker 0300Advertising Standards 0310Reporting Requirements 0320Requirements for Brokers 0325Disclosures Required by Life Insurers 0330Unfair Trade Practices