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Arizona Insurance Regulations Practice Questions — Page 6 of 9

450 free Arizona-specific insurance regulation questions for the Arizona Life & Health exam — page 6.

  1. 251.An insurer discovers, three years after issuing an Arizona accident and health policy, that the applicant i…
    Difficulty 2/5AZ specific
  2. 252.A Scottsdale resident misses a monthly premium on her individual health policy but is still inside the grac…
    Difficulty 2/5AZ specific
  3. 253.A policyholder in Scottsdale gives written notice of a hospitalization claim, but the insurer does not furn…
    Difficulty 2/5AZ specific
  4. 254.An Arizona business owner and a key employee sign a buy-sell agreement under which each will purchase the o…
    Difficulty 2/5AZ specific
  5. 255.A Phoenix insurer's investigator reports a suspected fraudulent life claim to the fraud unit of the Arizona…
    Difficulty 2/5AZ specific
  6. 256.A licensed Arizona business entity changes its principal business address. Under Arizona law, the entity must:
    Difficulty 2/5AZ specific
  7. 257.Under Arizona examination rules, how many attempts does a candidate have to pass a producer examination lin…
    Difficulty 1/5AZ specific
  8. 258.Under Arizona producer licensing rules, which applicants are required to submit fingerprints to the Arizona…
    Difficulty 1/5AZ specific
  9. 259.An Arizona life insured dies leaving no valid beneficiary designation in effect. Under A.R.S. 20-1215, the …
    Difficulty 1/5AZ specific
  10. 260.Examiners from the Arizona Department of Insurance and Financial Institutions arrive to examine a Scottsdal…
    Difficulty 2/5AZ specific
  11. 261.Under Arizona's producer licensing statute, what minimum age must an applicant for an insurance producer li…
    Difficulty 1/5AZ specific
  12. 262.Under A.R.S. 20-1350, within how many days after receiving notice of claim must the insurer furnish the cla…
    Difficulty 1/5AZ specific
  13. 263.An Arizona policyholder returns an LTC policy within the free-look period under A.R.S. 20-1691.07. What ref…
    Difficulty 1/5AZ specific
  14. 264.A producer licensed as a nonresident in Arizona has satisfied all continuing education requirements in her …
    Difficulty 2/5AZ specific
  15. 265.What is stranger-originated life insurance (STOLI), which Arizona prohibits under A.R.S. 20-443.02?
    Difficulty 1/5AZ specific
  16. 266.To whom does Arizona's unfair trade practices law, beginning with A.R.S. 20-442, apply?
    Difficulty 3/5AZ specific
  17. 267.A producer fails to report an administrative action taken against her in another jurisdiction, and the Ariz…
    Difficulty 2/5AZ specific
  18. 268.Under A.R.S. 20-2604, a variable life policy issued in Arizona becomes incontestable after what period?
    Difficulty 2/5AZ specific
  19. 269.An Arizona business entity wants to transact life insurance. Under Arizona law, the entity must:
    Difficulty 2/5AZ specific
  20. 270.To close a sale, a producer tells a prospect that a participating life policy's dividend is guaranteed, eve…
    Difficulty 2/5AZ specific
  21. 271.During a review by the Arizona Department of Insurance and Financial Institutions (DIFI), a life settlement…
    Difficulty 3/5AZ specific
  22. 272.A producer circulates a letter to his clients claiming that a rival insurer is 'insolvent and about to coll…
    Difficulty 2/5AZ specific
  23. 273.Under Arizona insurance fraud law, knowingly presenting a fraudulent statement as part of an insurance tran…
    Difficulty 1/5AZ specific
  24. 274.A producer tells a client that every Arizona insurance product carries a statutory 30-day free look. Under …
    Difficulty 2/5AZ specific
  25. 275.Under A.R.S. 20-1351, within what period after the occurrence or commencement of the loss must written proo…
    Difficulty 1/5AZ specific
  26. 276.A Mesa business owner assigned her accident and health policy and irrevocably designated her business partn…
    Difficulty 2/5AZ specific
  27. 277.An insured in Mesa dies by accident on the twentieth day of the grace period of an individual life policy w…
    Difficulty 2/5AZ specific
  28. 278.Under A.R.S. 20-1205, the entire contract of an Arizona life policy consists of:
    Difficulty 1/5AZ specific
  29. 279.An insured in Mesa holds a disability income policy paying monthly loss-of-time benefits, and the insurer's…
    Difficulty 2/5AZ specific
  30. 280.An Arizona insurer files rate schedules that charge male and female applicants different premiums for ident…
    Difficulty 1/5AZ specific
  31. 281.The Genetic Information Nondiscrimination Act prohibits health insurers and health plans from:
    Difficulty 1/5AZ specific
  32. 282.Six months after an Arizona life policy was reinstated, the insurer discovers misrepresentations in the rei…
    Difficulty 3/5AZ specific
  33. 283.An Arizona producer who already completed the initial LTC training asks what ongoing long-term care trainin…
    Difficulty 1/5AZ specific
  34. 284.Under A.R.S. 20-1355, how soon after an insured files written proof of loss may the insured bring legal act…
    Difficulty 1/5AZ specific
  35. 285.A group of small Arizona employers joins together to provide health benefits to their employees through a s…
    Difficulty 2/5AZ specific
  36. 286.Which Arizona statute serves as the state analogue to the privacy obligations that the Gramm-Leach-Bliley A…
    Difficulty 2/5AZ specific
  37. 287.An insured returns a reinstatement application for a lapsed individual health policy together with a condit…
    Difficulty 1/5AZ specific
  38. 288.Under Arizona law, what right does an insurer have to physically examine an accident and health claimant?
    Difficulty 1/5AZ specific
  39. 289.In Arizona, what are the fingerprint-related costs a producer licensing applicant should expect?
    Difficulty 1/5AZ specific
  40. 290.When an Arizona life insurer specifies a settlement period, the maximum period is measured from:
    Difficulty 2/5AZ specific
  41. 291.A producer in Arizona tells an applicant that a key coverage term will be 'worked around' and writes the pr…
    Difficulty 2/5AZ specific
  42. 292.An Arizona producer is named in an administrative action brought by another state's insurance regulator. Un…
    Difficulty 2/5AZ specific
  43. 293.Under A.R.S. 20-2604, after a variable life policy has been in force for two full years, what minimum loan …
    Difficulty 1/5AZ specific
  44. 294.In Arizona, after what period from issue may an insurer no longer contest an individual life policy on grou…
    Difficulty 1/5AZ specific
  45. 295.A producer licensed in another state relocates to Arizona and will now operate as a resident producer. Unde…
    Difficulty 3/5AZ specific
  46. 296.Under A.R.S. 20-446, which conduct is prohibited in the Arizona insurance business?
    Difficulty 1/5AZ specific
  47. 297.Which of the following best describes an assumed business name under Arizona producer licensing law?
    Difficulty 1/5AZ specific
  48. 298.A life policy issued in Arizona has no beneficiary named at the insured's death. Under A.R.S. 20-1215, to w…
    Difficulty 1/5AZ specific
  49. 299.Under A.R.S. 20-1207, divisible surplus on a participating life policy must begin to be apportioned no late…
    Difficulty 1/5AZ specific
  50. 300.Why does Arizona require fingerprints from producer licensing applicants?
    Difficulty 2/5AZ specific