Oregon Statutes - Chapter 743 - Health and Life Insurance - Section 743.486 - Scope of term “insured” in statutory policy provisions.

As used in ORS 743.402 to 743.498, 743A.160 and 743A.164, the word “insured” shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein. [1967 c.359 §454]

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Last modified: August 7, 2008