Life Insurance in Ohio

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The 2005 census found that Ohio has a population of more than 11 million people. Ohio has 44 life insurance companies that provide consumers with coverage. As the seventh most populated state in the country, Ohio has a population that pays more than $51 billion in individual life insurance policies and more than $54 billion in credit and group policies.

Ohio also houses the headquarters of several life insurance companies. Central Life Insurance Company, Nationwide Mutual Insurance Company, and Ohio National Life Insurance Company are all based in Ohio.

State Offices Responsible for Life Insurance in Ohio

Insurers issuing life insurance in Ohio are regulated by the Ohio Department of Insurance. The Department educates consumers about insurance and provides them with protection against fraud. The Department also regulates the industry within Ohio. The Department seeks to promote a competitive and stable marketplace for life insurance in Ohio.

Ohio's Title 39 Code regulates the insurance practices for companies operating in the state. This includes the licensing of insurance companies, determining what information insurers must provide, and other regulations pertaining to the industry.

Contacting the Ohio Insurance Department

Mailing Address:
The Ohio Department of Insurance
2100 Stella Court
Columbus OH 43215-1067

Consumer Hotline: 1-800-686-1526
Fraud Hotline: 1-800-686-1527