Or. Admin. Code § 836-080-0165 - Notice of Division of Financial Regulation Assistance
(1) An insurer shall include in an individual
annuity contract and with any subsequent offer for sale of additional coverage
in connection with the annuity a statement to the effect that the Division of
Financial Regulation of the Department of Consumer and Business Services offers
assistance to consumers in the event of a dispute with the insurer. When the
statement appears in the contract, the statement must be displayed on the cover
page, the first page of the annuity terms, the page that contains the names of
the parties and basic coverage information or another prominent place. When the
statement appears in an offer for sale of additional coverage, the statement
must be displayed in a prominent place. The statement must include the
telephone number and website information for contacting the Division of
Financial Regulation for assistance.
(2) Violation of this rule is an unfair trade
practice for the purpose of ORS
746.240.
Notes
Statutory/Other Authority: ORS 731.244
Statutes/Other Implemented: ORS 742.009 & 746.240
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