OAR 836-014-0300
Advertising Standards


(1)

Advertising related to life settlement contracts, life settlement purchase agreements or related products or services must be truthful and not misleading by fact or implication.

(2)

If a life settlement provider or broker mentions the speed with which the life settlement will occur, the advertising must disclose the average time from completed application to the date of offer and from acceptance of the offer to receipt of the funds by the policyholder or certificate holder during the past six months.

(3)

If advertising of a life settlement contract mentions the dollar amounts available to policyholders and certificate holders, the advertising must disclose the average purchase price with regard to a particular life expectancy as a percent of face value paid to policyholders and certificate holders contracting with the life settlement provider or broker during the past six months and must disclose factors that go into determining the specific amounts charged.

Source: Rule 836-014-0300 — Advertising Standards, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=836-014-0300.

836–014–0001
Purpose, Authority and Effective Date
836–014–0005
Applicability and Scope
836–014–0010
Required Capitalization
836–014–0015
Annual Financial Statement
836–014–0020
Deposits
836–014–0025
Bond
836–014–0030
Sales Representatives
836–014–0035
Registration of Legal Expense Organization
836–014–0040
Amendments to Registration
836–014–0042
Renewal of Legal Expense Organization Registration
836–014–0045
Unfair Trade Practice
836–014–0100
Actuarial Certification
836–014–0200
Statutory Authority and Implementation
836–014–0205
Definitions
836–014–0210
License Fees
836–014–0220
Life Settlement Provider License Requirements
836–014–0226
Life Settlement Investment Agent Licensing Requirements
836–014–0230
Renewal Requirements
836–014–0240
Filing Requirements, Life Settlement Contracts and Disclosure Statement Forms
836–014–0250
Contents of Life Settlement Contracts
836–014–0260
Rights and Duties of Parties to Life Settlement Contract
836–014–0263
Request to Insurer for Verification of Coverage
836–014–0265
Response by Insurer
836–014–0270
Standards for Evaluation of Reasonable Payments
836–014–0280
Disclosure Required
836–014–0285
Disclosures to Insurer
836–014–0290
Contacts by Life Settlement Provider or Broker
836–014–0300
Advertising Standards
836–014–0310
Reporting Requirements
836–014–0320
Requirements for Brokers
836–014–0325
Disclosures Required by Life Insurers
836–014–0330
Unfair Trade Practices
Last Updated

Jun. 8, 2021

Rule 836-014-0300’s source at or​.us