L&HOhiomedium
Under R.C. 3911.09, at what point in time must insurable interest exist for an Ohio life insurance policy to be valid?
At the time the policy is issued
BAt the time of the insured's death
CContinuously from issue through claim
DOnly at the time the first premium is paid after issue
Why this is the answer
Under R.C. 3911.09, insurable interest must exist at the time an Ohio life policy is issued. Once the contract is validly formed, the later loss of insurable interest does not invalidate the policy or defeat the beneficiary's claim.
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