Ohio Code § 3923.31
Ohio Code § 3923.31. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3923.31.
(A)(1) A policyholder has the right to rescind an individual policy of sickness and accident
insurance delivered or issued for delivery in this state at least until midnight of
the tenth day after the date on which the policyholder receives the policy, by returning
the policy to the insurer or an agent of the insurer. No reason need be stated for the return or the rescission. (2) The policy may provide that the coverage shall be in force during any period prior
to its return, and that a pro rata portion of the premium is chargeable for the coverage. The charge shall be apportioned on a per diem basis only, and may not be loaded
or weighted in any way to require the policyholder to pay, or penalize the policyholder,
for exercising the right of rescission under this section. A policy that provides for such pro rata coverage may also provide that the right
of rescission terminates if, prior to exercising such right, the policyholder makes
a claim for benefits. A policy that does not provide for such coverage is void from the beginning when
returned. Any premium paid by a policyholder who returns a policy under this section, in excess
of a charge permitted under this division, shall be promptly refunded to the policyholder. (B) The policy is deemed returned, if, within the period of time specified by the insurer
in accordance with division (A) of this section, the policyholder mails the policy
to the insurer or agent, or delivers, or causes the delivery of, the policy to the
insurer or agent. (C) A notice of the policyholder's rights under this section shall be printed prominently
on the first page of the policy or attached thereto. The notice shall specify how and where the policyholder may return the policy. (D) This section does not apply to any single-premium nonrenewable policy.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3923.31
- 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 § 3923.31?
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 § 3923.31 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 § 3923.31 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.