OAR 836-080-0115
Definitions
(1)
“Dividend statement” has the meaning given the term by OAR 836-080-0130 (Dividend Statement Permitted; Required to Be Written; Prohibited and Permitted Advice).(2)
“Insurer” has the meaning given the term by ORS 731.106 (“Insurer”) and includes the State Accident Insurance Fund.(3)
“Issue” when referring to an insurance policy includes “renew” and “endorse.”(4)
“Participating policy” means a policy that grants participation rights to the policyholder.(5)
“Participation” means the right of a policyholder to share in the distribution of profits or other assets of the insurer, whether or not the right is conditional or limited by other provisions.(6)
“Policy” has the meaning given the term by ORS 731.122 (“Policy”), and the term includes endorsements and the agreements between the State Accident Insurance Fund and individual contributing employers by which the Fund provides workmen’s compensation coverage.(7)
“Policyholder” means a person who owns or has an interest in a policy and the term includes a prospective policyholder.(8)
“Prospective policyholder” includes a policyholder who is considering the renewal or discontinuance of an existing policy.
Source:
Rule 836-080-0115 — Definitions, https://secure.sos.state.or.us/oard/view.action?ruleNumber=836-080-0115
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