Oregon Code § 731.170·Enacted ·Last updated March 01, 2026
Statute Text
Life
insurance; includes annuities.
(1) Life insurance means insurance on human lives and every insurance
appertaining thereto and includes the granting of endowment benefits,
additional benefits in event of death or dismemberment by accident or
accidental means, additional benefits in event of the insureds or premium
payers disability and optional modes of settlement of proceeds of life
insurance including annuity benefits payable under such a settlement provision.
Life insurance does not include workers compensation coverages.
(2) For
convenience, reference to life insurance in the Insurance Code includes life
insurance as defined in subsection (1) of this section and annuities as defined
in ORS 731.154, except if the inclusion of annuities obviously is inapplicable
or if the context requires, or the Insurance Code provides, otherwise. [1967
c.359 §37]
Plain English Explanation
This Oregon statute addresses Life
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 731.170
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Life
. Read the full statute text above for details.
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The formal citation is Oregon Code § 731.170. Use this format in legal documents and court filings.
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