Page 1 of 79
ARIZONA LAWS AND RULES PERTINENT TO
INSURANCE 2025/2026 EXAM BANK CURRENTLY
TESTING QUESTIONS AND DETAILED CORRECT
(VERIFIED) ANSWERS/GUARANTEED PASS/TOP-
RATED A+.
LAWS AND RULES
Ace the Arizona Laws and Rules Pertinent to Insurance exam
with this state-specific guide, designed to master Arizona's
unique insurance regulations, ethical standards, and
compliance protocols. This resource delivers targeted practice
questions and clear explanations covering all major lines of
authority, from property and casualty to health and life
insurance statutes.
Security laws passed by Congress are enforced by which
Federal agency? ...... ANSWER ....... Security and
Exchange Commission
If a life insurance applicant is shown future premiums are to
be paid out of non-guaranteed values, the illustration used
in the sales presentation MUST ...... ANSWER .......
disclose that premium payments may be resumed
depending on actual results
, Page 2 of 79
A group Medicare Supplement policy was terminated and
not replaced by the insurer. In this situation, the insurer
MUST ...... ANSWER ....... provide an offer of conversion
to individual coverage
Which of the following is an example of defamation? ......
ANSWER ....... Making a statement that is false or
maliciously critical of the financial condition of an
insurer
Under Federal Law, which of the following actions may
result in a producer becoming imprisoned ...... ANSWER
....... Producer embezzling funds from an insurer
The Genetic Information Nondiscrimination Act 2008 bars all
of the following EXCEPT ...... ANSWER ....... prohibits the
use of genetic information in health insurance, unless
the applicant signs a waiver
What year was the Mental Health Parity and Addiction Equity
Act established? ...... ANSWER ....... 2008
, Page 3 of 79
The ______ is responsible for determining the
appropriateness of a Medicare Supplement policy for an
applicant. ...... ANSWER ....... producer
A policyowner decides to surrender the cash value of a
whole life insurance policy. The insurer has up to ____
month(s) to delay this payment. ...... ANSWER ....... 6
Enrollees in a staff model HMO normally have which of the
following pharmacy options available? ...... ANSWER .......
In-house Pharmacy
The application is part of the annuity contract according to
the ...... ANSWER ....... Entire Contract Clause
According to the Affordable Care Act (ACA),insurers can no
longer deny health coverage due to pre-existing conditions
unless that plan is a(n) ...... ANSWER .......
Grandfathered Plan
Mentally or physically handicapped dependent children
MUST be covered under an individual health insurance
policy ...... ANSWER ....... until they become self
supportive
, Page 4 of 79
Autopsies may be requested by an accident and health
insurer ...... ANSWER ....... only if prohibited by state law
In regards to the Affordable Care Act (ACA), which of these is
NOT a role of a health insurance exchange? ...... ANSWER
....... Contact the employer if an employee stops
coverage under a plan offered in exchange
After an annuity has been in force for ___ year(s), it becomes
incontestable. ...... ANSWER ....... 2
Which of the following actions is considered to be an unfair
trade practice? ...... ANSWER ....... A producer who sells
insurance to an individual by means of threat
Greg had recently been terminated from his job that covered
him for group life insurance. How long does he have to
convert his coverage to an individual policy? ...... ANSWER
....... 31 days
ARIZONA LAWS AND RULES PERTINENT TO
INSURANCE 2025/2026 EXAM BANK CURRENTLY
TESTING QUESTIONS AND DETAILED CORRECT
(VERIFIED) ANSWERS/GUARANTEED PASS/TOP-
RATED A+.
LAWS AND RULES
Ace the Arizona Laws and Rules Pertinent to Insurance exam
with this state-specific guide, designed to master Arizona's
unique insurance regulations, ethical standards, and
compliance protocols. This resource delivers targeted practice
questions and clear explanations covering all major lines of
authority, from property and casualty to health and life
insurance statutes.
Security laws passed by Congress are enforced by which
Federal agency? ...... ANSWER ....... Security and
Exchange Commission
If a life insurance applicant is shown future premiums are to
be paid out of non-guaranteed values, the illustration used
in the sales presentation MUST ...... ANSWER .......
disclose that premium payments may be resumed
depending on actual results
, Page 2 of 79
A group Medicare Supplement policy was terminated and
not replaced by the insurer. In this situation, the insurer
MUST ...... ANSWER ....... provide an offer of conversion
to individual coverage
Which of the following is an example of defamation? ......
ANSWER ....... Making a statement that is false or
maliciously critical of the financial condition of an
insurer
Under Federal Law, which of the following actions may
result in a producer becoming imprisoned ...... ANSWER
....... Producer embezzling funds from an insurer
The Genetic Information Nondiscrimination Act 2008 bars all
of the following EXCEPT ...... ANSWER ....... prohibits the
use of genetic information in health insurance, unless
the applicant signs a waiver
What year was the Mental Health Parity and Addiction Equity
Act established? ...... ANSWER ....... 2008
, Page 3 of 79
The ______ is responsible for determining the
appropriateness of a Medicare Supplement policy for an
applicant. ...... ANSWER ....... producer
A policyowner decides to surrender the cash value of a
whole life insurance policy. The insurer has up to ____
month(s) to delay this payment. ...... ANSWER ....... 6
Enrollees in a staff model HMO normally have which of the
following pharmacy options available? ...... ANSWER .......
In-house Pharmacy
The application is part of the annuity contract according to
the ...... ANSWER ....... Entire Contract Clause
According to the Affordable Care Act (ACA),insurers can no
longer deny health coverage due to pre-existing conditions
unless that plan is a(n) ...... ANSWER .......
Grandfathered Plan
Mentally or physically handicapped dependent children
MUST be covered under an individual health insurance
policy ...... ANSWER ....... until they become self
supportive
, Page 4 of 79
Autopsies may be requested by an accident and health
insurer ...... ANSWER ....... only if prohibited by state law
In regards to the Affordable Care Act (ACA), which of these is
NOT a role of a health insurance exchange? ...... ANSWER
....... Contact the employer if an employee stops
coverage under a plan offered in exchange
After an annuity has been in force for ___ year(s), it becomes
incontestable. ...... ANSWER ....... 2
Which of the following actions is considered to be an unfair
trade practice? ...... ANSWER ....... A producer who sells
insurance to an individual by means of threat
Greg had recently been terminated from his job that covered
him for group life insurance. How long does he have to
convert his coverage to an individual policy? ...... ANSWER
....... 31 days
