Or. Admin. Code § 836-071-0287 - Transaction of Group Life, Health Insurance by Insurance Producer without Appointment

(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.

Notes

Or. Admin. Code § 836-071-0287

ID 3-1990, f. & cert. ef. 1-19-90; ID 15-1996, f. & cert. ef. 11-12-96; ID 9-2002, f. & cert. ef. 3-18-02; ID 8-2005, f. 5-18-05, cert. ef. 8-1-05

Stat. Auth.: ORS 731.244

Stats. Implemented: ORS 744.053 & 744.078