OAR 836-051-0034: Exemptions

OAR 836-051-0030 to 836-051-0040 apply to all group and individual life insurance policies and certificates except: (1) Variable life insurance; (2) Individual and group annuity contracts; (3) Credit life insurance; (4) Group or individual policies of life insurance issued to members of an employer group or other permitted group where: (a) Every plan of coverage was selected by the employer or other group representative; (b) Some portion of the premium is paid by the group or through payroll deduction; and (c) Group underwriting or simplified underwriting is used; or (5) Policies and certificates where an illustration has been provided pursuant to the requirements of OAR 836-051-0500 to 836-051-0600.