State RegulationsOH specificDifficulty 2/5
Under ORC 3916.17, advertisements used in connection with viatical settlements must:
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
ORC 3916.17 governs viatical settlement advertisements and requires that advertising truthfully and accurately represent the transaction; misleading statements, such as unsupported promises of guaranteed outcomes, are inconsistent with the statute.
Why the other options are wrong
- A) Viatical advertising is a matter of Ohio law under ORC 3916.17; no federal filing requirement is the operative control.
- C) Advertisements may not promise guarantees of proceeds exceeding the cash surrender value; that is a misleading representation.
- D) Issuing insurers do not approve viatical settlement advertising; ORC 3916.17 sets the advertising standard directly.
Memory hook
Viatical ads must tell it straight — accuracy is the rule under ORC 3916.17.