State RegulationsAZ specificDifficulty 1/5
An insured's individual health policy carries monthly premiums. Per A.R.S. 20-1347, how long is the minimum grace period?
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Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
A.R.S. 20-1347 fixes the monthly-premium health grace period at not less than 10 days for any premium after the first, with coverage continuing during grace. A monthly payer in Arizona therefore always has at least 10 days to make up a missed payment before the policy can lapse.
Why the other options are wrong
- A) 7 days is the weekly-premium minimum, not the monthly figure.
- B) 31 days is the minimum for all other premium modes, such as quarterly or annual.
- D) 30 days is the individual life grace period under A.R.S. 20-1203, not the health monthly figure.
Memory hook
Monthly payer: ten days to catch up.