OAR 836-085-0015: Long-term Cancellation

Edition: Current OARD snapshotEffective: 1988-12-16Last verified: 2026-09-07

If a policy is issued for a term longer than one year, and for additional consideration a premium is guaranteed, the insurer may not refuse to renew the policy or increase the premium for the term of that policy.

Official history and status

Statutory/Other Authority: ORS 731, 737 & 746

Statutes/Other Implemented: ORS 746.045, 746.055, 746.160(3) & 746.240

History: ID 21-1988, f. & cert. ef. 12-16-88 ID 8-1987, f. & cert. ef. 12-14-87 IC 4-1985, f. & ef. 9-19-85 IC 2-1985(Temp), f. 5-31-85, ef. 6-15-85

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Official source: https://secure.sos.state.or.us/oard/