Required provisions in group life insurance policies
(1) Except as provided in subsection (2) of this section a group life insurance policy shall contain in substance the provisions described in ORS 743.309 (Nonforfeiture provisions) to 743.342 (Statement furnished to insured under credit life insurance policy).
(2) The provisions described in ORS 743.327 (Payments under policy) to 743.339 (Death during period for conversion to individual policy) shall not apply to policies of group credit life insurance. [1967 c.359 §413]
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