1|Page
ARIZONA LAWS AND RULES PERTINENT TO INSURANCE EXAM LATEST
2025/2026 ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
According to the Affordable Care Act (ACA), the proportion of
premium revenues spent on clinical services and quality
improvements is called the - ANSWER---Medical loss ratio
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
A licensee whose name or address changes must notify the
Director within ___ days. - ANSWER---30
In Arizona, life insurance policy loans may charge a maximum
fixed rate of - ANSWER---8%
An insured's statement of a policy's benefits which is to be used in
marketing materials is called a(n) - ANSWER---testimony
,2|Page
A group health certificate for coverage issued in Arizona MUST
contain a(n) - ANSWER---summary of policy features and benefits
How many hours of initial long-term care training must a producer
complete before soliciting long-term care products? - ANSWER---
8
A(n) _______ insurer writes business in a state other than the one
in which it is domiciled. - ANSWER---foreign
Which of the following may be considered an act of
misrepresentation? - ANSWER---Misleading or failing to
adequately disclose the title and true nature of a policy offered to
a client
Which of the following is NOT information needed to determine
the suitability of an annuity recommendation? - ANSWER---Level
of education
,3|Page
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
A prepaid dental plan has an agreement in place with a network of
dentists which - ANSWER---accepts an established amount as
payment in full for the dental services rendered (Dental)
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 need to be resumed depending on actual results
A producer is meeting with a client to determine whether an
annuity will be suitable for purchase. Which of the following topics
needs to be discussed with the client? - ANSWER---Financial
status of the client
Which of the following causes of disability is NOT covered under
Arizona workers compensation laws? - ANSWER---Intentional,
self-inflicted injuries that occur at the worksite
, 4|Page
If an existing Medicare Supplement policy is being replaced by a
new policy, who is required to sign the notice of replacement? -
ANSWER---Producer and applicant
A consumer who has been recently denied insurance, credit, or
employment based on an unfavorable consumer report MUST be
advised as such. Which of the following does this statute originate
from? - ANSWER---Fair Credit Reporting Act
If a Medicare Supplement policy is cancelled by the insurer, which
of these circumstances does NOT require prior approval by the
Arizona Department of Insurance? - ANSWER---Nonpayment of
premium
The application is part of the annuity contract according to the -
ANSWER---Entire Contract clause
A(n) _______ insurer operates in the U.S but is headquartered
outside the U.S. - ANSWER---alien
ARIZONA LAWS AND RULES PERTINENT TO INSURANCE EXAM LATEST
2025/2026 ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
According to the Affordable Care Act (ACA), the proportion of
premium revenues spent on clinical services and quality
improvements is called the - ANSWER---Medical loss ratio
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
A licensee whose name or address changes must notify the
Director within ___ days. - ANSWER---30
In Arizona, life insurance policy loans may charge a maximum
fixed rate of - ANSWER---8%
An insured's statement of a policy's benefits which is to be used in
marketing materials is called a(n) - ANSWER---testimony
,2|Page
A group health certificate for coverage issued in Arizona MUST
contain a(n) - ANSWER---summary of policy features and benefits
How many hours of initial long-term care training must a producer
complete before soliciting long-term care products? - ANSWER---
8
A(n) _______ insurer writes business in a state other than the one
in which it is domiciled. - ANSWER---foreign
Which of the following may be considered an act of
misrepresentation? - ANSWER---Misleading or failing to
adequately disclose the title and true nature of a policy offered to
a client
Which of the following is NOT information needed to determine
the suitability of an annuity recommendation? - ANSWER---Level
of education
,3|Page
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
A prepaid dental plan has an agreement in place with a network of
dentists which - ANSWER---accepts an established amount as
payment in full for the dental services rendered (Dental)
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 need to be resumed depending on actual results
A producer is meeting with a client to determine whether an
annuity will be suitable for purchase. Which of the following topics
needs to be discussed with the client? - ANSWER---Financial
status of the client
Which of the following causes of disability is NOT covered under
Arizona workers compensation laws? - ANSWER---Intentional,
self-inflicted injuries that occur at the worksite
, 4|Page
If an existing Medicare Supplement policy is being replaced by a
new policy, who is required to sign the notice of replacement? -
ANSWER---Producer and applicant
A consumer who has been recently denied insurance, credit, or
employment based on an unfavorable consumer report MUST be
advised as such. Which of the following does this statute originate
from? - ANSWER---Fair Credit Reporting Act
If a Medicare Supplement policy is cancelled by the insurer, which
of these circumstances does NOT require prior approval by the
Arizona Department of Insurance? - ANSWER---Nonpayment of
premium
The application is part of the annuity contract according to the -
ANSWER---Entire Contract clause
A(n) _______ insurer operates in the U.S but is headquartered
outside the U.S. - ANSWER---alien
