OAR 836-060-0027: Credit Life Reserves
Edition: Current OARD snapshotEffective: 2001-01-01Last verified: 2026-09-07
(1) For policies or certificates issued prior to January 1, 2001, the minimum reserve standard is the Commissioners 1958 Extended Term Insurance Table and 4.5% interest. (2) For policies or certificates issued on or after January 1, 2001, the minimum reserve standard is the Male Commissioners 1980 Standard Ordinary Mortality Table and 4.5% interest.
Official history and status
Statutory/Other Authority: ORS 731.244
Statutes/Other Implemented: ORS 733.306(8)
History: ID 12-2000, f. 11-14-00, cert. ef. 1-1-01
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Official source: https://secure.sos.state.or.us/oard/