State RegulationsAZ specificDifficulty 2/5
Once the contestable period of an Arizona life policy has expired, the insurer may still contest the policy on the ground of:
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
A.R.S. 20-1204 makes the policy incontestable after 2 years except for nonpayment of premiums, which is the one ground that survives the window. Age misstatements have their own equitable-adjustment remedy under A.R.S. 20-1206 rather than a right to void the policy, and ordinary application misstatements simply lose contestability at the two-year mark.
Why the other options are wrong
- B) age misstatement triggers adjustment of the benefit under A.R.S. 20-1206, not voidance.
- C) an occupation change after issue is not a contest ground under the statute.
- D) ordinary application misstatements can no longer be contested once the 2-year period ends.
Memory hook
Only unpaid premiums outlive the window.