US Law

Section 743.100 – Short title.

ORS 743.100 to 743.109 may be cited as the Life and Health Insurance Policy Language Simplification Act. [Formerly 743.350]

Section 743.101 – Purpose.

(1) The purpose of the Life and Health Insurance Policy Language Simplification Act is to establish minimum standards for language used in policies and certificates of life insurance and health insurance delivered or issued for delivery in this state in order to facilitate ease of reading. (2) ORS 743.100 to 743.109 is not intended to […]

Section 743.102

[1967 c.359 §367; renumbered 743.047 in 1989]

Section 743.103 – Definitions for ORS 743.100 to 743.109.

As used in ORS 743.100 to 743.109, “policy” has the meaning given in ORS 731.122 and, in addition, includes a certificate issued pursuant to a group insurance policy delivered or issued for delivery in this state. [Formerly 743.357]

Section 743.104 – Scope of ORS 743.100 to 743.109.

(1) ORS 743.100 to 743.109 apply to all policies delivered or issued for delivery in this state, except: (a) Any policy that is a security subject to federal jurisdiction. (b) Any group policy covering a group of 1,000 or more lives at date of issue, other than a group credit life insurance policy or a […]

Section 743.105

[1967 c.359 §368; renumbered 743.049 in 1989]

Section 743.106 – Reading ease standards for life and health insurance policies.

(1) No policy form shall be delivered or issued for delivery in this state unless: (a) The policy text achieves a score of 40 or more on the Flesch reading ease test, or an equivalent score on any comparable test as provided in subsection (3) of this section; (b) The policy, except for specification pages, […]

Section 743.107 – When director may authorize lower standards.

The Director of the Department of Consumer and Business Services may authorize a lower score than the Flesch reading ease test score required by ORS 743.106 when, in the director’s sole discretion, the director finds that a lower required score: (1) Will provide a more accurate reflection of the readability of a policy form; (2) […]

Section 743.108

[1967 c.359 §369; renumbered 743.050 in 1989]

Section 743.109 – Approval of certain policy forms containing specified provisions; conditions for approval.

A policy form meeting the requirements of ORS 743.106 shall not be disapproved because of other provisions of the Insurance Code that specify the content of policies, if the policy form provides the policyholders and claimants protection not less favorable than they would be entitled to under such provisions. [Formerly 743.370]