State RegulationsOH specificDifficulty 1/5
A married woman insures the life of her spouse for her own sole use and names herself as beneficiary. Under ORC 3911.11, how are the proceeds treated when they are paid to her as the surviving spouse?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
ORC 3911.11 allows a married person to insure the life of their spouse for their own sole use and provides that proceeds payable to the surviving spouse are free from the claims of the spouse's representatives or creditors, giving the surviving owner direct creditor protection in the proceeds.
Why the other options are wrong
- B) The proceeds go to the surviving spouse beneficiary; ORC 3911.11 does not route them through the deceased spouse's estate.
- C) ORC 3911.11 shields proceeds paid to the surviving spouse from the claims of the spouse's representatives and creditors.
- D) Nothing in ORC 3911.11 requires division of the proceeds with other dependents when the spouse is the named beneficiary.
Memory hook
Spouse-insures-spouse: proceeds reach the survivor clean — creditors and estate representatives cannot touch them.