Oregon Department of Consumer and Business Services, Insurance Regulation

Rule Rule 836-051-0770
Minimum Valuation Method Standards


(1)

The method used in determining the standard for the minimum valuation of reserves of preneed insurance shall be the method defined in ORS 733.306 (Computation of minimum standards for life insurance, industrial insurance, annuities and pure endowment contracts) and 733.310 (Interest rates for determining minimum standard for valuation).

(2)

The method used in determining the standard for the minimum nonforfeiture values for preneed insurance shall be the method defined in ORS 743.215 (Calculation of adjusted premiums), 743.216 (Adjusted premiums) and 743.221 (Cash surrender values upon default in premium payment).
Source

Last accessed
Jun. 8, 2021