L&HOhioeasy
Under R.C. 3915.05, what is the minimum grace period that must appear in an Ohio individual life insurance policy?
A7 days
B15 days
31 days
D60 days
Why this is the answer
Ohio's standard provisions law under R.C. 3915.05 mandates a grace period of at least 31 days during which a premium may be paid without lapse and coverage remains in force.
Studying for the Ohio Life & Health exam?
This question comes from our L&H bank. Take a free practice test — no signup.