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  5. 848 P.2d 1197 (1993)
 

PIERCE v. ALLSTATE INS. CO.

Nos. CC 90-1515-L-1; CA A67513; SC S39392.

848 P.2d 1197 (1993)

316 Or. 31

Linda Diane PIERCE, Respondent on Review, v. ALLSTATE INSURANCE COMPANY, Petitioner on Review.

Supreme Court of Oregon, In Banc.

Decided April 8, 1993.

Attorney(s) appearing for the Case

Craig D. Bachman, of Lane Powell Spears Lubersky, Portland, argued the cause for petitioner on review. With him on the petition was Thomas W. Sondag.

Kelly L. Andersen, of Richardson & Andersen, P.C., Central Point, argued the cause for respondent on review and filed a response.

GRABER, Justice.

ORS 742.502 provides for the issuance of uninsured and underinsured motorist liability coverage:

"(1) Every motor vehicle liability policy insuring against loss suffered by any natural person resulting from liability imposed by law for bodily injury or death arising out of the ownership, maintenance or use of a motor vehicle shall provide uninsured motorist coverage therein or by indorsement thereon when such policy is either:

"...

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