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Arizona Revised Statutes (Last Updated: March 31, 2016) |
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Title 20. Insurance |
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Chapter 6. PARTICULAR TYPES OF INSURANCE |
| Article 1. Life Insurance and Annuities |
| Sec 20-1201. Scope of article |
| Sec 20-1202. Standard provisions required in life insurance policies |
| Sec 20-1203. Grace period |
| Sec 20-1204. Incontestability |
| Sec 20-1205. Application and policy as entire contract; statements in application as representations; information |
| Sec 20-1206. Misstatement of age |
| Sec 20-1207. Dividends |
| Sec 20-1208. Policy loan on old policies |
| Sec 20-1209. Policy loan on new policies |
| Sec 20-1209.01. Maximum rate of interest on policy loans; definitions |
| Sec 20-1210. Nonforfeiture options in old policies |
| Sec 20-1212. Table of installments |
| Sec 20-1213. Reinstatement |
| Sec 20-1214. Payment of premiums |
| Sec 20-1215. Payment of claims |
| Sec 20-1216. Policy title |
| Sec 20-1217. Excluded or restricted coverage |
| Sec 20-1218. Standard provisions required in annuity and pure endowment contracts |
| Sec 20-1219. Grace period in annuities |
| Sec 20-1220. Incontestability in annuities |
| Sec 20-1221. Application and contract as entire contract in annuities |
| Sec 20-1222. Misstatement of age in annuities |
| Sec 20-1223. Dividends on annuities |
| Sec 20-1224. Reinstatement of annuities |
| Sec 20-1225. Standard provisions required in reversionary annuities |
| Sec 20-1226. Limitation of liability |
| Sec 20-1227. Incontestability after reinstatement |
| Sec 20-1228. Policy settlements |
| Sec 20-1229. Authorized deductions from insurance proceeds |
| Sec 20-1230. Prohibition of dual or multiple pay policies |
| Sec 20-1231. Standard nonforfeiture law for life insurance |
| Sec 20-1231.01. Standard nonforfeiture law for life insurance; table for calculating adjusted premiums; definitions |
| Sec 20-1232. Standard nonforfeiture law for individual deferred annuities |
| Sec 20-1233. Free look; annuity contracts |
| Article 1.1. Replacement of Life Insurance Policies and Annuity Contracts |
| Sec 20-1241. Definitions |
| Sec 20-1241.01. Scope of article |
| Sec 20-1241.02. Policy summary requirements |
| Sec 20-1241.03. Duties of insurance producers |
| Sec 20-1241.04. Duties of insurers that use insurance producers |
| Sec 20-1241.05. Duties of replacing insurers that use insurance producers |
| Sec 20-1241.06. Duties of existing insurer |
| Sec 20-1241.07. Duties of insurers with respect to direct response solicitations |
| Sec 20-1241.08. Violations; penalties; intent |
| Sec 20-1241.09. Rules; exemption from rule making procedures |
| Article 1.2. Annuity Disclosure |
| Sec 20-1242. Definitions |
| Sec 20-1242.01. Applicability and scope |
| Sec 20-1242.02. Standards for the disclosure document and buyer's guide |
| Sec 20-1242.03. Report to contract owners |
| Sec 20-1242.04. Penalties |
| Sec 20-1242.05. Rules; exemption from rule making procedures |
| Article 1.3. Protection in Annuity Transactions |
| Sec 20-1243. Definitions |
| Sec 20-1243.01. Scope and limitation of article |
| Sec 20-1243.02. Exemptions |
| Sec 20-1243.03. Duties of insurers and insurance producers |
| Sec 20-1243.04. Standards for supervision |
| Sec 20-1243.05. Mitigation of responsibility; director orders |
| Sec 20-1243.06. Record keeping |
| Article 2. Group Life Insurance and Group Annuity Contracts |
| Sec 20-1251. Requirements for group contracts |
| Sec 20-1251.01. Credit union groups |
| Sec 20-1252. Employee groups |
| Sec 20-1253. Debtor groups |
| Sec 20-1254. Labor union groups |
| Sec 20-1255. Trustee groups |
| Sec 20-1256. Association groups |
| Sec 20-1257. Coverage of dependents; definition |
| Sec 20-1258. Standard provisions required in group life insurance policies |
| Sec 20-1259. Grace period |
| Sec 20-1260. Incontestability |
| Sec 20-1261. Attachment of application to policy; statements of persons insured as representations |
| Sec 20-1262. Right to require evidence of individual insurability |
| Sec 20-1263. Misstatement of age |
| Sec 20-1264. Beneficiary |
| Sec 20-1265. Individual certificates |
| Sec 20-1266. Conversion on termination of eligibility |
| Sec 20-1267. Conversion on termination of policy |
| Sec 20-1268. Death pending conversion |
| Sec 20-1269. Notice of conversion right |
| Sec 20-1270. Standard provisions required in group annuity contracts |
| Sec 20-1271. Grace period in group annuity contracts |
| Sec 20-1272. Documents constituting entire group annuity contract |
| Sec 20-1273. Misstatements in group annuity contracts |
| Sec 20-1274. Nonforfeiture benefits in group annuity contract |
| Sec 20-1275. Group annuity contract certificates |
| Sec 20-1276. "Employee life insurance" defined |
| Sec 20-1277. Assignability of group life insurance |
| Article 3. Industrial Life Insurance |
| Sec 20-1301. Scope of article |
| Sec 20-1302. Required provisions |
| Sec 20-1303. Grace period |
| Sec 20-1304. Application and policy as entire contract; statements of applicant as representations |
| Sec 20-1305. Incontestability |
| Sec 20-1306. Misstatement of age |
| Sec 20-1307. Dividends |
| Sec 20-1308. Nonforfeiture benefits |
| Sec 20-1309. Reinstatement |
| Sec 20-1310. Settlement |
| Sec 20-1311. Authority to alter contract |
| Sec 20-1312. Beneficiary; change of beneficiary; payment |
| Sec 20-1313. Direct payment of premiums |
| Sec 20-1314. Conversion of weekly premium policies |
| Sec 20-1315. Conversion of monthly premium policies |
| Sec 20-1316. Title of policy |
| Sec 20-1317. Provisions inapplicable to single premium or term policies |
| Sec 20-1318. Prohibited provisions |
| Article 4. Disability Insurance |
| Sec 20-1341. Scope of article |
| Sec 20-1342. Scope and format of policy; definitions |
| Sec 20-1342.01. Children with disabilities |
| Sec 20-1342.02. Disapproval of disability policy form |
| Sec 20-1342.03. Disability insurance; clinical trials; cancer; definitions |
| Sec 20-1342.04. Disability insurance policies; varying copayments and deductibles allowed |
| Sec 20-1342.05. Eosinophilic gastrointestinal disorder; formula |
| Sec 20-1342.06. Contracts; dentists; covered services; definition |
| Sec 20-1343. Policies issued for delivery in another state |
| Sec 20-1344. Policy provisions required; omissions; substitutions |
| Sec 20-1345. Policy and attachments as entire contract; changes in policy |
| Sec 20-1346. Time limit on defenses |
| Sec 20-1347. Grace period |
| Sec 20-1348. Reinstatement |
| Sec 20-1349. Notice of claim |
| Sec 20-1350. Claim forms |
| Sec 20-1351. Proofs of loss |
| Sec 20-1352. Time for payment of claims |
| Sec 20-1353. Payment of claims |
| Sec 20-1354. Physical examination; autopsy |
| Sec 20-1355. Legal actions |
| Sec 20-1356. Change of beneficiary |
| Sec 20-1357. Optional policy provisions |
| Sec 20-1358. Change of occupation |
| Sec 20-1359. Misstatement of age |
| Sec 20-1360. Other insurance in this insurer |
| Sec 20-1361. Insurance with other insurers; provision of service or expense incurred basis |
| Sec 20-1362. Insurance with other insurers |
| Sec 20-1363. Relation of earnings to insurance |
| Sec 20-1364. Unpaid premium |
| Sec 20-1365. Cancellation |
| Sec 20-1366. Conformity with statutes |
| Sec 20-1367. Illegal occupation |
| Sec 20-1368. Intoxicants and narcotics |
| Sec 20-1369. Arrangement of provisions in policy |
| Sec 20-1370. Third party ownership |
| Sec 20-1371. Policy provision requirements of other jurisdictions |
| Sec 20-1372. Effect of policy containing nonconforming provisions |
| Sec 20-1373. Age limit |
| Sec 20-1374. Effective date of provisions; moratorium |
| Sec 20-1375. Franchise disability insurance law |
| Sec 20-1376. Prohibiting denial of certain contract benefits |
| Sec 20-1376.01. Prohibiting denial of chiropractic contract benefits; direct reimbursement |
| Sec 20-1376.02. Prohibiting denial of psychologist contract benefits |
| Sec 20-1376.03. Prohibiting denial of contract benefits; nurses; reimbursement |
| Sec 20-1376.04. Prohibiting denial of occupational or physical therapist contract benefits |
| Sec 20-1376.05. Telemedicine; coverage of health care services; definitions |
| Sec 20-1376.06. Cancer treatment medications; cost sharing; definition |
| Sec 20-1376.07. Prescriptions; cost sharing; refills; dispensing fees; definition |
| Sec 20-1377. Continuation of coverage under individual policies; requirements; exceptions; renewability |
| Sec 20-1378. Eligibility; prohibiting cancellation because of eligibility for certain benefits |
| Sec 20-1379. Guaranteed availability of individual health insurance coverage; prior group coverage; definitions |
| Sec 20-1380. Guaranteed renewability of individual health coverage |
| Sec 20-1381. Suspension of health care insurer obligation to issue coverage on a guaranteed issuance basis to eligible individuals |
| Sec 20-1382. Health care insurers; reporting requirements |
| Sec 20-1383. Individual health insurance policies; mandatory coverage exemption; definitions |
| Article 5. Group and Blanket Disability Insurance |
| Sec 20-1401. Eligible groups |
| Sec 20-1401.01. Group disability insurers; notice; copies |
| Sec 20-1402. Provisions of group disability policies; definitions |
| Sec 20-1402.01. Group disability insurance; clinical trials; cancer; definitions |
| Sec 20-1402.02. Eosinophilic gastrointestinal disorder; formula |
| Sec 20-1402.03. Group disability insurers; autism spectrum disorder; coverage; exceptions; definitions |
| Sec 20-1402.04. Contracts; dentists; covered services; definition |
| Sec 20-1403. Direct payment of hospital and medical services |
| Sec 20-1404. Blanket disability insurance; definitions |
| Sec 20-1404.01. Blanket disability insurance; clinical trials; cancer; definitions |
| Sec 20-1404.02. Eosinophilic gastrointestinal disorder; formula |
| Sec 20-1404.03. Blanket disability insurers; autism spectrum disorder; coverage; exceptions; definitions |
| Sec 20-1404.04. Contracts; dentists; covered services; definition |
| Sec 20-1405. Provisions of group and blanket disability policy |
| Sec 20-1406. Prohibiting denial of certain contract benefits |
| Sec 20-1406.01. Prohibiting denial of chiropractic contract benefits; direct reimbursement |
| Sec 20-1406.02. Prohibiting denial of psychologist contract benefits |
| Sec 20-1406.03. Prohibiting denial of contract benefits; nursing; reimbursement |
| Sec 20-1406.04. Prohibiting denial of occupational or physical therapist contract benefits |
| Sec 20-1406.05. Telemedicine; coverage of health care services; definitions |
| Sec 20-1406.06. Cancer treatment medications; cost sharing; definition |
| Sec 20-1406.07. Prescriptions; cost sharing; refills; dispensing fees; definition |
| Sec 20-1407. Children with disabilities |
| Sec 20-1408. Right to obtain individual policy; requirements; exceptions; definition |
| Sec 20-1409. Right to open enrollment period; insureds; definition |
| Sec 20-1410. Mail order prescription drugs; prohibition |
| Sec 20-1411. Eligibility; prohibiting cancellation because of eligibility for certain benefits |
| Sec 20-1412. Group and blanket disability insurance policies or contracts; varying copayments and deductibles allowed |
| Article 7. Property Insurance |
| Sec 20-1501. Scope of article |
| Sec 20-1502. "Fire insurance" defined |
| Sec 20-1503. Arizona standard fire policy |
| Sec 20-1504. Variations from standard policy format and page numbers |
| Sec 20-1505. Policy description of insurer |
| Sec 20-1506. Provisions required by charter or laws of other states |
| Sec 20-1507. Riders; endorsements; additional perils |
| Sec 20-1508. Designation as standard policy; producer's name |
| Sec 20-1509. Loss or damage caused by nuclear reaction, or nuclear radiation or radio-active contamination not covered by Arizona standard fire policy |
| Article 8. Surety Insurance |
| Sec 20-1531. Sole surety on official bonds |
| Sec 20-1532. Venue of actions against surety insurers |
| Sec 20-1533. Surety companies; arrest bond certificates issued by motor clubs; definition |
| Sec 20-1534. Guaranteed arrest bond certificate; cash bail or other bond; forfeiture |
| Article 8.1. Mortgage Guaranty Insurance |
| Sec 20-1541. Definitions |
| Sec 20-1542. Capital and surplus |
| Sec 20-1543. Limitation on geographic concentration |
| Sec 20-1544. Limitation on advertising |
| Sec 20-1545. Limitation on investment |
| Sec 20-1547. Mortgage guaranty insurance as monoline |
| Sec 20-1548. Underwriting discrimination |
| Sec 20-1549. Policy forms and premium rates filed |
| Sec 20-1550. Minimum policyholder position; definitions |
| Sec 20-1551. Rebates, commissions and charges |
| Sec 20-1552. Compensating balances prohibited |
| Sec 20-1553. Conflict of interest |
| Sec 20-1554. Unearned premium reserve |
| Sec 20-1555. Loss reserve |
| Sec 20-1556. Contingency reserve |
| Sec 20-1556.01. Premium deficiency reserve |
| Sec 20-1557. Reinsurance |
| Sec 20-1558. Miscellaneous reserves |
| Sec 20-1559. Mortgage guaranty insurers; dividend payment |
| Sec 20-1560. Examinations; rules |
| Article 9. Title Insurers |
| Sec 20-1561. Law governing title insurers |
| Sec 20-1562. Definitions |
| Sec 20-1563. Qualifications |
| Sec 20-1564. Investments |
| Sec 20-1565. Additional powers |
| Sec 20-1566. Taxation of title insurers |
| Sec 20-1567. Determination of insurability required |
| Sec 20-1568. Unearned premium reserve |
| Sec 20-1569. Amount of unearned premium reserve; release |
| Sec 20-1570. Maintenance of the unearned premium reserve |
| Sec 20-1571. Use of the unearned premium reserve on liquidation, dissolution or insolvency |
| Sec 20-1572. Reserve for unpaid losses and loss expense |
| Sec 20-1573. Net retained liability |
| Sec 20-1574. Power to reinsure |
| Sec 20-1575. Foreign title insurers; resident agent required |
| Sec 20-1576. Mergers and consolidations of title insurers |
| Sec 20-1577. Corporate acquisitions other than by merger or consolidation |
| Sec 20-1578. Purchase or acquisition of controlling stock |
| Sec 20-1580. Title insurance agents to be licensed |
| Sec 20-1581. Title insurance agents; books; records; revocation of license |
| Sec 20-1582. Title insurance agents; replies to inquiries by director |
| Sec 20-1583. Title insurance agents; certain names prohibited |
| Sec 20-1584. Commissions; right to pay |
| Sec 20-1585. Commissions; other considerations prohibited |
| Sec 20-1586. Rebates or reduced fees |
| Sec 20-1587. Personal or controlled insurance |
| Sec 20-1588. Examination of records; order; notice |
| Sec 20-1589. Violations; classification |
| Sec 20-1590. Permitted division of fees |
| Sec 20-1591. Forms of policies and other contracts of title insurance; approval or disapproval |
| Sec 20-1592. Records |
| Sec 20-1593. Joint examination; department of financial institutions; powers and duties |
| Article 10. Consumer Credit Insurance |
| Sec 20-1602. Scope and repeal |
| Sec 20-1603. Definitions |
| Sec 20-1604. Types of consumer credit insurance |
| Sec 20-1605. Maximum amount of credit life insurance |
| Sec 20-1606. Maximum amount of credit disability insurance and credit unemployment insurance |
| Sec 20-1606.01. Credit unemployment insurance; provisions |
| Sec 20-1607. Term of insurance |
| Sec 20-1608. Policy provisions and disclosures |
| Sec 20-1609. Filing, approval and disapproval of forms |
| Sec 20-1610. Premiums for consumer credit insurance; approval or disapproval of rates |
| Sec 20-1611. Refunds |
| Sec 20-1612. Authorization for issuance of policies |
| Sec 20-1613. Reporting and settlement of claims |
| Sec 20-1614. Debtor's option in satisfying security |
| Sec 20-1615. Rules |
| Sec 20-1616. Cease and desist order; hearing |
| Sec 20-1616.01. Penalties |
| Article 10.1. Credit Property Insurance |
| Sec 20-1621. Scope of article |
| Sec 20-1621.01. Definitions |
| Sec 20-1621.02. Amount; term; coverage; prohibited practices |
| Sec 20-1621.03. Disclosure to debtors; provisions of policies; certificates of insurance |
| Sec 20-1621.04. Rates and forms; filing; approval; withdrawal of approval |
| Sec 20-1621.05. Reasonableness of benefits in relation to premium charged |
| Sec 20-1621.06. Experience reports |
| Sec 20-1621.07. Cancellation and refund of unearned premium |
| Sec 20-1621.08. Claims |
| Sec 20-1621.09. Cease and desist order; hearing |
| Sec 20-1621.10. Rules |
| Sec 20-1621.11. Penalties |
| Article 11. Cancellation or Non-Renewal of Automobile Insurance |
| Sec 20-1631. Definition of motor vehicle; cancellation of or failure to renew coverage; limitations; limitation of liability; exceptions; insurance producers; definitions |
| Sec 20-1632. Cancellation, nonrenewal and reduction of limits for reasons other than nonpayment of premium; notices to insured; refund of unearned premium |
| Sec 20-1632.01. Cancellation or nonrenewal for nonpayment of premium; grace period; notice of cancellation; discrimination; definition |
| Sec 20-1633. Objections; investigation; determination |
| Sec 20-1634. Immunity |
| Article 12. Cancellation or Nonrenewal of Insurance |
| Sec 20-1651. Application; types of risks |
| Sec 20-1652. Grounds for valid notice of cancellation; inquiries; definitions |
| Sec 20-1653. Mailing of notice of cancellation or nonrenewal to insured; statement of grounds and facts on which cancellation or nonrenewal is based |
| Sec 20-1654. Mailing or delivery of notice of intention not to renew to insured; time; term of policy |
| Sec 20-1655. Liability of insurer and representatives for statements in notice of cancellation, other communication or evidence given in court relating to cancellation |
| Sec 20-1656. Proof of mailing as proof of notice |
| Article 13. Mass Marketed Life or Health Insurance |
| Sec 20-1661. Definitions |
| Sec 20-1662. Requirements to transact mass marketed insurance |
| Sec 20-1663. Unreasonable mass marketed insurance prohibited; hearing; findings; rules |
| Article 14. Cancellation or Nonrenewal of Commercial Insurance |
| Sec 20-1671. Scope of article |
| Sec 20-1672. Definitions |
| Sec 20-1673. Grounds for valid cancellation |
| Sec 20-1674. Notice of cancellation |
| Sec 20-1675. Liability of insurer and representatives for statements in notice of cancellation, other communication or evidence given in court relating to cancellation |
| Sec 20-1676. Notice of nonrenewal |
| Sec 20-1677. Notice of premium or coverage changes |
| Sec 20-1678. Proof of notice |
| Sec 20-1679. Application and effective date |
| Article 15. Long-Term Care Insurance |
| Sec 20-1691. Definitions |
| Sec 20-1691.01. Applicability and scope |
| Sec 20-1691.02. Adoption of rules |
| Sec 20-1691.03. Limitations of long-term care insurance policies |
| Sec 20-1691.04. Requirements for certain group coverage |
| Sec 20-1691.05. Prior institutionalization |
| Sec 20-1691.06. Outline of coverage; certificate |
| Sec 20-1691.07. Right to return |
| Sec 20-1691.08. Rate and form review; disapproval |
| Sec 20-1691.09. Penalties |
| Sec 20-1691.10. Contestable periods |
| Sec 20-1691.11. Nonforfeiture benefits |
| Sec 20-1691.12. Insurance producer training course requirements |
| Article 16. Adopted Child Coverage |
| Sec 20-1692. Definitions |
| Sec 20-1692.01. Requirements for coverage |
| Sec 20-1692.02. Eligibility under title XIX of the social security act |
| Sec 20-1692.03. Coverage of children |
| Article 17. Portable Electronics Insurance |
| Sec 20-1693. Definitions |
| Sec 20-1693.01. Licensure of vendors |
| Sec 20-1693.02. Portable electronics insurance; requirements; disclosures |
| Sec 20-1693.03. Portable electronics vendors; authority; charges for portable electronics insurance; accounting |
| Sec 20-1693.04. Suspension or revocation of license |
| Sec 20-1693.05. Termination of portable electronics insurance; notice; cancellation |
| Sec 20-1693.06. Application of existing laws |