State RegulationsOH specificDifficulty 1/5
In the absence of fraud, statements made by an applicant in a life insurance application are treated in Ohio as:
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
ORC 3915.05(D) provides that the statements and representations in the application are, in the absence of fraud, representations and not warranties. This matters practically: a mere inaccuracy does not automatically void coverage, while a fraudulent misstatement can. Ohio deliberately rejects the harsh warranty approach that would void policies over innocent errors.
Why the other options are wrong
- A) The statute expressly rejects warranty treatment; an innocent inaccuracy does not void the policy by itself.
- B) The statements are not binding admissions in all circumstances; absent fraud, they are representations whose effect is limited.
- D) The statements are the applicant's own representations, not opinions of the producer, and ORC 3915.05(D) treats them as such.
Memory hook
Applicants represent; they do not warrant.