State RegulationsOH specificDifficulty 3/5
An insurer that issued a monthly-premium individual sickness policy to a Toledo resident decides 6 months later that it wants to drop the coverage at the next premium due date. Under Ohio law, may it refuse to renew the policy at that point?
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
ORC 3923.04(C) contains two nonrenewal protections: the insurer must give written notice of intent not to renew at least 5 days before the premium due date, and it may not refuse to renew before the first anniversary of issue (or between anniversaries) for any policy other than an accident-only policy. At 6 months, this ordinary sickness policy is locked in until its first anniversary.
Why the other options are wrong
- A) Wrong because even a 30-day notice would not help; ORC 3923.04(C) bars refusal to renew before the first anniversary, and 30 days is not the required notice period anyway.
- C) Wrong because the 5-day notice requirement does not stand alone; the first-anniversary restriction blocks nonrenewal this early for a non-accident-only policy.
- D) Wrong because the insurer may decline renewal after the first anniversary with proper 5-day notice; the bar is temporal, not absolute.
Memory hook
Five days notice, but no exit before year one — unless accident-only.