Ohio § 3916.10 Limiting contact with insured after settlement has occurred

Ohio Statutes

§ 3916.10 — Limiting contact with insured after settlement has occurred

Ohio § 3916.10

Title 39Insurance

Ch. 3916Viatical Settlements Model Act

This text of Ohio § 3916.10 (Limiting contact with insured after settlement has occurred) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 3916.10 (2026).

Text

After a viatical settlement has occurred, contact with the insured for the purpose of determining the health status of the insured shall be made only by the  viatical settlement provider, or the  authorized  representative of the  viatical  settlement  provider.  The viatical  settlement  provider,  or  authorized  representative shall not contact the  insured for  the  purpose of  determining the insured's health  status more than  once  every three  months if the insured has a  life expectancy of  more  than one year,  or more than once per  month if the insured  has a  life expectancy  of one year or less.  The viatical settlement  provider shall  explain  the  procedure for making these contacts at the time the  viatical  settlement  contract is entered into.

The limitations set forth

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After a viatical settlement has occurred, contact with the insured for the purpose of determining the health status of the insured shall be made only by the viatical settlement provider, or the authorized representative of the viatical settlement provider. The viatical settlement provider, or authorized representative shall not contact the insured for the purpose of determining the insured's health status more than once every three months if the insured has a life expectancy of more than one year, or more than once per month if the insured has a life expectancy of one year or less. The viatical settlement provider shall explain the procedure for making these contacts at the time the viatical settlement contract is entered into.

The limitations set forth in this section do not apply to contacts made with an insured under a viaticated policy for purposes other than to determine the insured's health status.

Viatical settlement providers are responsible for the actions of their authorized representatives, for the purposes of this section except viatical settlement providers are not responsible for the actions of subsequent purchasers of a policy.