Ohio Code § 3918.04
Ohio Code § 3918.04. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3918.04.
(A) The amount of credit life insurance shall not exceed the initial indebtedness. Where an indebtedness repayable in substantially equal installments is secured by
an individual policy of credit life insurance the amount of insurance shall at no
time exceed the scheduled amount of indebtedness and, where secured by a group policy
of credit life insurance, shall at no time exceed the amount of unpaid indebtedness. (B) The total amount of indemnity payable by credit accident and health insurance in
the event of disability, as defined in the policy, shall not exceed the aggregate
of the periodic scheduled unpaid installments of the indebtedness; and the amount
of each periodic indemnity payment shall not exceed the original indebtedness divided
by the number of periodic installments.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3918.04
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 3918.04?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 3918.04 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 3918.04 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.