OAR 836-031-0810
2001 CSO Preferred Class Structure Table


(1)

At the election of the insurer, for each calendar year of issue, for any one or more specified plans of insurance and subject to satisfying the conditions stated in OAR 836-031-0800 (Purpose, authority) to 836-031-0815 (Conditions), the 2001 CSO Preferred Class Structure Mortality Table may be substituted in place of the 2001 CSO Smoker or Nonsmoker Mortality Table as the minimum valuation standard for policies issued on or after January 1, 2007. For policies issued on or after January 1, 2004 (the date of adoption of OAR 836-051-0106 (Life Insurance Valuation and Nonforfeiture Standards), Life Insurance Valuation and Nonforfeiture Standards), and prior to January 1, 2007, the 2001 CSO Preferred Class Structure Mortality Tables may be substituted with the consent of the director and subject to the conditions of OAR 836-031-0815 (Conditions). In determining whether to consent to the substitution, the director may rely on the consent of the Insurance Commissioner of the company’s state of domicile. No such election may be made until the insurer demonstrates at least 20 percent of the business to be valued on this table is in one or more of the preferred classes. A table from the 2001 CSO Preferred Class Structure Mortality Table used in place of a 2001 CSO Mortality Table, pursuant to the requirements of OAR 836-031-0800 (Purpose, authority) to 836-031-0815 (Conditions), will be treated as part of the 2001 CSO Mortality Table only for purposes of reserve valuation pursuant to the requirements of the NAIC model regulation “Recognition of the 2001 CSO Mortality Table For Use in Determining Minimum Reserve Liabilities and Nonforfeiture Benefits Model Regulation.”

(2)

Tables referenced in this rule are available from the Insurance Division of the Department of Consumer and Business Services.
[ED. NOTE: Tables referenced are available from the agency.]

Source: Rule 836-031-0810 — 2001 CSO Preferred Class Structure Table, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=836-031-0810.

836‑031‑0200
Scope, Authority
836‑031‑0210
Definitions, Application and Explanation of Technical Terms Used
836‑031‑0220
Principles Governing Reserves
836‑031‑0230
Claim Reserves
836‑031‑0240
Premium Reserves
836‑031‑0250
Contract Reserves
836‑031‑0260
Reinsurance
836‑031‑0270
Specific Standards for Morbidity
836‑031‑0280
Specific Standards for Interest
836‑031‑0290
Specific Standards for Mortality
836‑031‑0300
Reserves for Waiver of Premium
836‑031‑0400
Allowed Assets
836‑031‑0410
Title Insurance Unearned Premium Reserve
836‑031‑0600
Purpose
836‑031‑0605
Valuation Manual
836‑031‑0610
Authority
836‑031‑0620
Scope
836‑031‑0630
Definitions
836‑031‑0640
General Requirements
836‑031‑0670
Statement of Actuarial Opinion Based On an Asset Adequacy Analysis
836‑031‑0680
Description of Actuarial Memorandum Including an Asset Adequacy Analysis and Regulatory Asset Adequacy Summary
836‑031‑0690
Additional Considerations for Analysis
836‑031‑0750
Purpose, Authority and Applicability
836‑031‑0755
Applicability
836‑031‑0760
Definitions
836‑031‑0765
General Calculation Requirements for Basic Reserves and Premium Deficiency Reserves
836‑031‑0770
Calculation of Minimum Valuation Standard for Policies with Guaranteed Nonlevel Gross Premiums or Guaranteed Nonlevel Benefits (Other than Universal Life Policies)
836‑031‑0775
Calculation of Minimum Valuation Standard for Flexible Premium and Fixed Premium Universal Life Insurance Policies that Contain Provisions Resulting in the Ability of a Policyowner to Keep a Policy in Force Over a Secondary Guarantee Period
836‑031‑0800
Purpose, authority
836‑031‑0805
Definitions
836‑031‑0810
2001 CSO Preferred Class Structure Table
836‑031‑0815
Conditions
836‑031‑0855
Recoupment of Assessments by Oregon Insurance Guaranty Association
Last Updated

Jun. 8, 2021

Rule 836-031-0810’s source at or​.us