State RegulationsOH specificDifficulty 1/5
A viatical settlement provider circulates print advertisements aimed at Ohio policy owners. Which Ohio authority governs these advertisements?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
ORC 3916.17 is the viatical advertisement provision within Chapter 3916, so advertising directed at Ohio policy owners by providers and brokers falls under it; the other cited statutes cover insurable interest, genetic testing, and backdating — none of which regulate viatical advertising.
Why the other options are wrong
- B) ORC 3911.09 defines who may hold insurable interest; it says nothing about advertising.
- C) ORC 3901.491 restricts the use of genetic test information in underwriting; it does not govern viatical advertisements.
- D) ORC 3915.13 limits backdating of life policies to reduce premium; it has no advertising application.
Memory hook
Match the statute to the topic: viatical ads live in ORC 3916.17.