# Ohio — Life insurance premium grace periods and lapse protections by US state

For Ohio, minimum grace period is a grace of one month for the payment of every premium after the first, which extension period may be subject to an interest charge and during which month the insurance shall continue in force; policies covered is No policy of life insurance shall be issued or delivered in this state or be issued by a life insurance company organized under the laws of this state unless such policy contains the provision; notice / additional protections is The grace provision may contain a stipulation that if the insured dies during the month of grace the overdue premium will be deducted in any settlement under the policy. The fetched section states no notice-before-lapse, designated-third-party, or senior-specific protections for premium lapse; statute citation is Ohio Rev. Code § 3915.05, recorded from its source on 2026-08-17.

- **State:** Ohio _(our reading, not quoted from the source)_
- **Minimum grace period:** a grace of one month for the payment of every premium after the first, which extension period may be subject to an interest charge and during which month the insurance shall continue in force _(verified: appears in the quote below)_
- **Policies covered:** No policy of life insurance shall be issued or delivered in this state or be issued by a life insurance company organized under the laws of this state unless such policy contains the provision
- **Notice / additional protections:** The grace provision may contain a stipulation that if the insured dies during the month of grace the overdue premium will be deducted in any settlement under the policy. The fetched section states no notice-before-lapse, designated-third-party, or senior-specific protections for premium lapse. _(verified: appears in the quote below)_
- **Statute citation:** Ohio Rev. Code § 3915.05 _(our reading, not quoted from the source)_

## What the source says

> A provision for a grace of one month for the payment of every premium after the first, which extension period may be subject to an interest charge and during which month the insurance shall continue in force, which provision may contain a stipulation that if the insured dies during the month of grace the overdue premium will be deducted in any settlement under the policy;

## Source

- https://codes.ohio.gov/ohio-revised-code/section-3915.05

Last verified: 2026-08-17. Review by: 2027-08-17.
Part of [Life insurance premium grace periods and lapse protections by US state](https://referencesource.org/life-insurance-grace-periods-by-state/).