For preneed insurance and to similar policies and certificates used to fund funeral services and expenses, the minimum mortality standard for determining reserve liabilities and nonforfeiture values for both male and female insureds shall be the Ultimate 1980 CSO.

Statutory/Other Authority

ORS 731.244, 733.306 & 743.205

Statutes/Other Implemented

ORS 733.306, 733.310, 743.215, 743.216 & 743.221

History

ID 17-2008, f. & cert. ef. 12-9-08