Help protect your family’s future. Enter your zip code to get your free quote today!

Get Your Free Quote

Purchasing Life Insurance in Ohio

In the state of Ohio, The State Insurance Code of Ohio offers certain protections for those seeking life insurance. For instance, in Ohio, purchasers are offered a “free look,” which guarantees them the right to change their mind on a signed contract for a period of between 10-30 days without incurring a penalty. 

Other life insurance regulations in the state of Ohio are listed below.

  • Most Ohio life insurance policies guarantee coverage for accidental deaths even when they occur within the first two years of a current policy. Suicide is excluded unless it occurs after two years.
  • Beneficiaries in Ohio are entitled to quick death benefit processing. If all of your paperwork is in order and correct, you can receive your benefits within 60 days, with life insurance companies paying interest on death benefits as soon as a file is claimed.

Life Insurance Tips

Keep these tips in mind while shopping for a life insurance policy to ensure you're getting a policy that's right for you. 

  • Generally, the younger and healthier you are, the lower your life insurance premiums may be.
  • Fully underwritten policies require you to take a medical exam. Your weight, tobacco use, and pre-existing conditions can all affect how much you'll pay.
  • Estimate your needs. The general rule of thumb is to buy a policy that is equal to seven to 10 times your annual income.
  • If you want to add extras to your policy, consider a rider. Riders let you add new provisions to meet your growing needs.

State Resources

Get a Free Life Insurance Quote Today

To learn more about life insurance in Ohio, or to get a free quote, speak with a licensed agent at 1-800-966-7169. You can also get a free quote by filling out the form below.

*Applications for insurance may be subject to acceptance by insurer. Rates and coverage amounts will depend upon the carrier selected.

Help protect your family’s future. Enter your zip code to get your free quote today!

Get Your Free Quote

Related Information

Life Insurance Basics: Who Needs It, Types of Insurance

Learn about life insurance’s basics: including the types of policies, their costs and benefits, and who needs coverage.

Read More

Life Insurance Companies

Choosing a life insurance company can be difficult. A licensed agent can help.

Read More

Here’s Everything You Need to Know About Life Insurance

This primer will help you learn how life insurance works and the different life insurance options you have to choose from.

Read More

Buying Term Life Insurance Directly from an Insurance Company

If you need life insurance coverage, you should consider directly purchasing term life insurance directly from an agent. Here’s why.

Read More

What You Need to Know About Buying Life Insurance

Here is what you should look for when buying life insurance to make sure your family has enough money to maintain their lifestyle after you die.

Read More

Your Questions to Expect on a Life Insurance Application

Learn what will likely be asked on your life insurance application.

Read More

Everything You Need to Know About Life Insurance Payouts

If you have a life insurance policy, a payout of the death benefit is preceded by a claim providing a death certificate.

Read More

Who Needs Life Insurance?

Here are some guidelines to help you determine if buying a life insurance policy is the right choice for you.

Read More

Life Insurance Options for the Elderly

Life insurance can be a helpful way for the elderly to help protect their loved ones financially, from minimizing estate taxes to helping cover funeral costs.

Read More