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Arizona Insurance Regulations Practice Questions — Page 3 of 9

450 free Arizona-specific insurance regulation questions for the Arizona Life & Health exam — page 3.

  1. 101.A policyholder in Arizona requests a policy loan specifically to pay an overdue premium. Under A.R.S. 20-12…
    Difficulty 2/5AZ specific
  2. 102.A settlement applicant in Arizona submits medical and financial records during a proposed life settlement. …
    Difficulty 2/5AZ specific
  3. 103.An Arizona producer enters active military service. Under Arizona law, the producer's license:
    Difficulty 1/5AZ specific
  4. 104.Under A.R.S. 20-1348, how does coverage for accidents differ from coverage for sickness immediately after a…
    Difficulty 2/5AZ specific
  5. 105.Under the federal Telemarketing Sales Rule, during which window may a telemarketer place a live solicitatio…
    Difficulty 1/5AZ specific
  6. 106.Under A.R.S. 20-1346, after what period from policy issue may an insurer no longer contest an Arizona accid…
    Difficulty 1/5AZ specific
  7. 107.Which set of requirements applies to reinstating a lapsed Arizona life policy under A.R.S. 20-1213?
    Difficulty 2/5AZ specific
  8. 108.A producer holds an Arizona license with only an accident and health line of authority. A client in Gilbert…
    Difficulty 2/5AZ specific
  9. 109.Under Arizona law, when must an LTC producer's initial training be completed?
    Difficulty 1/5AZ specific
  10. 110.An accident and health policy delivered in Arizona contains no beneficiary designation and no assignment. U…
    Difficulty 1/5AZ specific
  11. 111.Under Arizona's insurance fraud provisions, insurers may be assessed for the support of the DIFI insurance …
    Difficulty 1/5AZ specific
  12. 112.Under Arizona insurance law, which of the following best describes an insurance producer?
    Difficulty 1/5AZ specific
  13. 113.Under A.R.S. 20-3205, an Arizona life settlement applicant's medical and financial information may be obtai…
    Difficulty 1/5AZ specific
  14. 114.Under Arizona law, may a producer charge a fee in addition to the premium when selling a Medicare supplemen…
    Difficulty 1/5AZ specific
  15. 115.Which statement correctly describes coverage under an Arizona individual life policy during the grace period?
    Difficulty 2/5AZ specific
  16. 116.Arizona's administrative rules reinforce the statutory ban on misleading insurance sales. Under A.A.C. R20-…
    Difficulty 2/5AZ specific
  17. 117.Under A.R.S. 20-1352, how are benefits payable under an individual health policy once the insurer receives …
    Difficulty 2/5AZ specific
  18. 118.An insurer refuses to issue a health policy because the applicant was treated for cancer years ago, and sep…
    Difficulty 2/5AZ specific
  19. 119.Under Arizona law, how soon after receiving written notice of an accident and health claim must the insurer…
    Difficulty 1/5AZ specific
  20. 120.A Mesa life producer offers to return part of the first-year premium to a prospective policyholder as an in…
    Difficulty 1/5AZ specific
  21. 121.Within the contestable window after reinstatement, an Arizona insurer may contest the reinstated policy bas…
    Difficulty 2/5AZ specific
  22. 122.For insurers transacting business in Arizona, who is appointed to receive service of legal process on behal…
    Difficulty 1/5AZ specific
  23. 123.Beyond address changes, which of the following reflects Arizona's requirement for licensed business entitie…
    Difficulty 2/5AZ specific
  24. 124.Under A.R.S. 20-2604, an Arizona variable life policyholder has the right to return the policy after receip…
    Difficulty 1/5AZ specific
  25. 125.An insured in Mesa dies more than two years after his life policy was issued. The insurer then discovers a …
    Difficulty 2/5AZ specific
  26. 126.Following a hearing, the Director finds that an Arizona producer intentionally violated the state's unfair-…
    Difficulty 2/5AZ specific
  27. 127.An Arizona producer is engaging in practices that violate the state's insurance regulations. Who has the au…
    Difficulty 1/5AZ specific
  28. 128.A Phoenix resident performs several kinds of work. Which activity counts as transacting the business of ins…
    Difficulty 2/5AZ specific
  29. 129.Under A.R.S. 20-281(10), which description best defines 'negotiating' insurance?
    Difficulty 1/5AZ specific
  30. 130.Which of the following acts falls within the definition of 'selling' insurance under A.R.S. 20-281(14)?
    Difficulty 1/5AZ specific
  31. 131.A producer in Tucson urges a prospect to complete an application for a health policy, but the prospect neve…
    Difficulty 1/5AZ specific
  32. 132.A foreign insurer without an Arizona office is sued by an Arizona policyowner. Under A.R.S. 20-191, who act…
    Difficulty 2/5AZ specific
  33. 133.Before an insurance company may transact the business of insurance in Arizona, what must it obtain from the…
    Difficulty 1/5AZ specific
  34. 134.An agency owner in Mesa closes a life insurance sale and wants to pay a commission bonus to the unlicensed …
    Difficulty 2/5AZ specific
  35. 135.A DIFI examiner arrives at a Scottsdale agency and asks to review the producer's records of insurance trans…
    Difficulty 2/5AZ specific
  36. 136.Under A.R.S. 20-442 and A.R.S. 20-443, which of the following is an unfair method of competition or decepti…
    Difficulty 1/5AZ specific
  37. 137.During a sales visit in Glendale, a producer makes a false statement that a policy's dividends are guarante…
    Difficulty 3/5AZ specific
  38. 138.A producer's internet advertisement implies that the producer itself is an insurance company underwriting t…
    Difficulty 1/5AZ specific
  39. 139.To win over a prospect, a Chandler producer circulates a flyer claiming that a competing insurer 'is insolv…
    Difficulty 2/5AZ specific
  40. 140.A lender tells an Arizona borrower that the loan will be approved only if the borrower buys insurance from …
    Difficulty 1/5AZ specific
  41. 141.An insurer officer submits a financial statement to the Director with knowingly false entries about the com…
    Difficulty 1/5AZ specific
  42. 142.An Arizona life insurer reviews two applicants who belong to the same actuarial class and have the same exp…
    Difficulty 3/5AZ specific
  43. 143.Under A.A.C. R20-6-207, an Arizona insurer may not base premium rates or policy benefits for identical cove…
    Difficulty 1/5AZ specific
  44. 144.A life producer in Scottsdale wants to reward prospects. Under A.R.S. 20-449, which arrangement is permissi…
    Difficulty 3/5AZ specific
  45. 145.A producer runs a promotion offering a valuable gift to anyone who submits a life insurance application dur…
    Difficulty 2/5AZ specific
  46. 146.A producer sells a Medicare supplement policy in Mesa and wants to charge the applicant a service fee on to…
    Difficulty 2/5AZ specific
  47. 147.An Arizona insurer pays one claim late after a clerical breakdown, then corrects its procedures and pays su…
    Difficulty 3/5AZ specific
  48. 148.An Arizona insurer receives a claim and lets it sit for months without any investigation or standard for ha…
    Difficulty 2/5AZ specific
  49. 149.A producer knowingly submits a fraudulent statement as part of an insurance transaction in Arizona. Under A…
    Difficulty 2/5AZ specific
  50. 150.Under Arizona's insurance information and privacy provisions (A.R.S. 20-2101 through 20-2122, the state ana…
    Difficulty 2/5AZ specific