Department of Consumer and Business Services
Insurance Regulation - Chapter 836
Division 51
LIFE, INDIVIDUAL AND GROUP; ANNUITIES
836-051-0765
Minimum Valuation Interest Rate Standards
(1) The interest rates used in determining the minimum standard for valuation of preneed insurance shall be the calendar year statutory valuation interest rates as defined in ORS 733.306 and 733.310.
(2) The interest rates used in determining the minimum standard for nonforfeiture values for preneed insurance shall be the calendar year statutory nonforfeiture interest rates as defined in ORS 743.215, 743.216 and 743.221.
Statutory/Other Authority: ORS 731.244, 733.306 & 743.205
Statutes/Other Implemented: ORS 733.306, 733.310, 743.215, 743.216 & 743.221
History:
ID 17-2008, f. & cert. ef. 12-9-08