Arizona Life Insurance Exam Questions on Title 20 Law

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What extra amount does a person pay, on top of the renewal fee, to renew an expired Arizona producer license?

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Unofficial practice questions, not affiliated with the Arizona Department of Insurance and Financial Institutions. Bank checked October 4, 2026.

All 167 questions

Producer licensing and continuing education 35

  • A business entity applies for an Arizona insurance producer license. Whom must it designate? A.R.S. Sec. 20-285
  • A business entity producer in Arizona runs several offices. What does the statute require in each one? A.R.S. Sec. 20-290
  • A licensed Arizona producer dies and the surviving spouse is given a temporary license to keep the business going. What is the longest it may run without an examination? A.R.S. Sec. 20-294
  • A licensed Arizona producer stands at the front of the room for an approved six-hour class on behalf of an approved provider. How is that counted toward the producer's own requirement? A.R.S. Sec. 20-2902
  • A producer licensed in another state moves to Arizona and asks for a resident license without an examination. How long after the old resident license is canceled does the applicant have to apply? A.R.S. Sec. 20-288
  • A producer who lives elsewhere holds an Arizona license, and the place where the producer lives asks for no ongoing coursework at all. What must the producer then complete for Arizona? A.R.S. Sec. 20-2902
  • After an applicant sits the Arizona license examination, how long does the director have to tell the applicant the result? A.R.S. Sec. 20-284
  • After an Arizona license is revoked, how long must pass before the director may issue that person a license again? A.R.S. Sec. 20-296
  • An applicant keeps failing the Arizona examination for one line of authority. What is the most times it may be taken within a twelve month period? A.R.S. Sec. 20-284
  • An Arizona insurance producer takes a different home address in June. What is the deadline for written notice to the director? A.R.S. Sec. 20-286
  • An Arizona licensee sits through one approved class twice before renewal. How many times does that class count toward the requirement? A.R.S. Sec. 20-2902
  • An Arizona producer breaks the licensing law without meaning to. What is the most the director may charge in civil penalty for each such violation? A.R.S. Sec. 20-295
  • An Arizona producer hands in the license while a complaint is still open. What does the statute say about the director? A.R.S. Sec. 20-295
  • An Arizona producer is convicted of a crime. From what event do the thirty days to report it to the director run? A.R.S. Sec. 20-301
  • An Arizona producer is on inactive status during military service. Which of these may the producer still do? A.R.S. Sec. 20-289.01
  • An Arizona producer misses the renewal date and the license expires. For how long afterward may the expired license still be renewed? A.R.S. Sec. 20-289
  • An Arizona producer wants to do business under a name other than the legal name. When must the director be notified? A.R.S. Sec. 20-297
  • An Arizona resident insurance producer is planning courses for one license period. How many credit hours of continuing education does the statute ask for in that period? A.R.S. Sec. 20-2902
  • An individual is called into active military service after passing the Arizona producer examination. The time to apply is extended by the days of service, up to what total? A.R.S. Sec. 20-284
  • An individual passes the Arizona producer examination and then waits before applying. Within what period before the director receives the license application must the examination have been passed? A.R.S. Sec. 20-284
  • Another state fines an Arizona insurance producer. How long after the final disposition of the matter does the producer have to report it to the Arizona director? A.R.S. Sec. 20-301
  • Arizona excuses a small group of long-time licensees from continuing education. Since what date must such a licensee have been continuously licensed in the state? A.R.S. Sec. 20-2902
  • Before granting an Arizona producer license, what may the director require the applicant to submit to the department? A.R.S. Sec. 20-285
  • Besides suspension and a civil penalty, what may the Arizona director order a licensee to do after a violation? A.R.S. Sec. 20-295
  • For how long must an Arizona insurance producer keep the records of a transaction after it is completed? A.R.S. Sec. 20-290
  • For intentional violations by an Arizona producer, where does the statute cap the total of the civil penalties? A.R.S. Sec. 20-295
  • How often does an Arizona insurance producer license come up for renewal once the first term has run? A.R.S. Sec. 20-289
  • How often, at the least, must the Arizona director make the producer license examination available to applicants? A.R.S. Sec. 20-284
  • May renewal commissions be paid to a person who no longer holds an Arizona license? A.R.S. Sec. 20-298
  • Of the credit hours an Arizona producer earns in one license period, what is the smallest number that must be ethics training? A.R.S. Sec. 20-2902
  • On what day does an individual Arizona producer license expire in its renewal year? A.R.S. Sec. 20-289
  • What extra amount does a person pay, on top of the renewal fee, to renew an expired Arizona producer license? A.R.S. Sec. 20-289
  • What is the longest time for which the Arizona director may suspend an insurance producer license? A.R.S. Sec. 20-295
  • What may the Arizona director require of a person who holds a temporary producer license? A.R.S. Sec. 20-294
  • Which use of an Arizona producer license is a ground for discipline? A.R.S. Sec. 20-295

Life policy provisions 23

  • A misrepresentation in an Arizona insurance application prevents recovery only in listed cases. Which is one of them? A.R.S. Sec. 20-1109
  • A teenager in Arizona wants to be the one who contracts for coverage on the teenager's own life. Counting to the nearest birthday, how old must the teenager be at the least? A.R.S. Sec. 20-1106
  • An Arizona firm insures a key employee, who later leaves the firm. At what time did the law require the insurable interest to exist? A.R.S. Sec. 20-1104
  • An Arizona insured raises the death benefit of a policy. For how long after the increase may death by suicide be excluded as to the added amount? A.R.S. Sec. 20-1226
  • An Arizona life policy is reinstated after a lapse. For how long may the insurer contest the reinstatement for misrepresentation? A.R.S. Sec. 20-1227
  • An Arizona life policy lapsed and was not surrendered for cash. Until how long after the premium default does the policy give the right to reinstate? A.R.S. Sec. 20-1213
  • An Arizona participating policy offers other dividend options and sets a time for choosing one. How long after the dividend is due must that time run, at the least? A.R.S. Sec. 20-1207
  • An Arizona policyowner misses a payment and dies twelve days later, well inside the days of grace. What does the statute let the company do? A.R.S. Sec. 20-1203
  • An Arizona resident takes out a life policy payable to a daughter. As against the creditors of the person who took out the policy, who is entitled to the proceeds? A.R.S. Sec. 20-1131
  • An Arizona whole life policy must let the owner borrow on it. From what point does the statute require this? A.R.S. Sec. 20-1209
  • Arizona gives a life insurer two ways to price borrowing against a contract: an adjustable ceiling or a single stated ceiling. Where does the statute put the single stated ceiling? A.R.S. Sec. 20-1209.01
  • Arizona lets a life policy pay death benefits early when certain events occur. Which list matches the statute? A.R.S. Sec. 20-1136
  • Arizona requires a dividend-paying life contract to take part every year in the divisible surplus of the insurer. The first share may come no later than the close of which year of the contract? A.R.S. Sec. 20-1207
  • The owner of an Arizona participating policy never chooses a dividend option. What must the policy say about that? A.R.S. Sec. 20-1207
  • The owner of an Arizona whole life contract asks to borrow against it to buy a car. What is the longest the company may hold back the money after the request? A.R.S. Sec. 20-1209
  • Proof of death reaches an Arizona life insurer. If the contract promises payment inside a set time, what is the outer limit of that time? A.R.S. Sec. 20-1215
  • Under Arizona law, what gives one close relative an insurable interest in the life of another? A.R.S. Sec. 20-1104
  • What does an incontestability clause in an Arizona life policy stop the insurer from doing? A.R.S. Sec. 20-1217
  • When an Arizona life policy is reinstated, the overdue premiums are paid with interest. What is the highest rate allowed? A.R.S. Sec. 20-1213
  • Where must the title that briefly describes an Arizona life policy appear? A.R.S. Sec. 20-1216
  • Which cause of death may an Arizona life policy exclude or restrict? A.R.S. Sec. 20-1226
  • Which kind of Arizona life policy is outside the policy loan requirement? A.R.S. Sec. 20-1209
  • Which life insurance policy may not be issued or delivered in Arizona? A.R.S. Sec. 20-1230

Annuities and replacement 30

  • A buyer argues that an Arizona producer who suggested an annuity owed the duties of a trustee. What does the annuity transactions statute say? A.R.S. Sec. 20-1243.03
  • A forty year old Arizona resident is handed a new individual annuity contract. Within how many days may it be returned under the notice the statute requires? A.R.S. Sec. 20-1233
  • A sixty-seven year old Arizona resident applies for an individual annuity contract. How long is the period for returning the contract for a refund? A.R.S. Sec. 20-1233
  • After the first, each installment into an Arizona annuity may arrive late without ending the contract. How much extra time does the required provision give? A.R.S. Sec. 20-1219
  • An Arizona applicant answers that there is no existing policy or contract. What follows for the producer? A.R.S. Sec. 20-1241.03
  • An Arizona application for life insurance goes to the insurer with a statement on whether the applicant has an existing policy or contract. Who signs that statement? A.R.S. Sec. 20-1241.03
  • An Arizona insurer finishes putting an annuity sale on its books in March. Its files on why the product was suggested must stay available for at least how long from then? A.R.S. Sec. 20-1243.06
  • An Arizona insurer replaces one of its own policies with a new one. What credit must it give the owner? A.R.S. Sec. 20-1241.05
  • An Arizona resident replaces a policy and then has second thoughts. How long after delivery may the new policy be sent back for an unconditional full refund? A.R.S. Sec. 20-1241.05
  • An Arizona saver falls behind on an installment annuity and has taken nothing out of it. How long does the saver have to bring the contract back into force? A.R.S. Sec. 20-1224
  • Arizona replacement law looks at whether existing policy values were drawn on close to the start date of a new policy. What window around that date does the statute name? A.R.S. Sec. 20-1241
  • The Arizona replacement notice need not be read aloud in one case. Which case? A.R.S. Sec. 20-1241.03
  • Before selling annuities, an Arizona producer with a life line of authority completes a onetime training course. How long is it? A.R.S. Sec. 20-1243.07
  • For how long must an Arizona replacing insurer keep its copies of the replacement notices? A.R.S. Sec. 20-1241.05
  • How often must an Arizona insurer send the owner of a deferred annuity in its accumulation period a report on the status of the contract? A.R.S. Sec. 20-1242.03
  • In an Arizona replacement sale, what must the producer leave with the applicant besides the notice? A.R.S. Sec. 20-1241.03
  • Paperwork marked as a replacement reaches the home office of the new Arizona carrier on a Monday. By when must the company whose coverage is being given up be sent word? A.R.S. Sec. 20-1241.05
  • To keep the current carrier from learning of a sale, an Arizona producer coaches a buyer to deny owning any other coverage. How does the law treat that coaching? A.R.S. Sec. 20-1241.08
  • Two documents are meant to reach an Arizona annuity shopper by the time of application. When they come later than that, how long must the free look last? A.R.S. Sec. 20-1242.02
  • What does an Arizona producer do with the signed replacement notice at the end of the meeting? A.R.S. Sec. 20-1241.03
  • What is the provider of the Arizona annuity training course barred from including in it? A.R.S. Sec. 20-1243.07
  • What may reduce or remove the penalty for a violation of the Arizona annuity transactions article? A.R.S. Sec. 20-1243.05
  • What record must an Arizona producer make when recommending an annuity? A.R.S. Sec. 20-1243.03
  • When an Arizona producer recommends exchanging one annuity for another, the statute asks whether the consumer had another exchange recently. What look-back period does it name? A.R.S. Sec. 20-1243.03
  • When must an Arizona producer present and read the replacement notice to an applicant who has existing coverage? A.R.S. Sec. 20-1241.03
  • Where must the notice of the right to return an Arizona annuity contract be placed? A.R.S. Sec. 20-1233
  • Which act is named as a violation of the Arizona replacement rules? A.R.S. Sec. 20-1241.08
  • Which four obligations make up the best interest standard for an Arizona producer who recommends an annuity? A.R.S. Sec. 20-1243.03
  • Which of these is outside the Arizona replacement rules? A.R.S. Sec. 20-1241.01
  • Who holds the authority to enforce compliance with the Arizona annuity transactions article? A.R.S. Sec. 20-1243.05

Disability insurance provisions 32

  • After furnishing written proof of loss, how long must an Arizona insured wait before bringing an action on a disability policy? A.R.S. Sec. 20-1355
  • After how long from the date of issue may an Arizona insurer no longer use a misstatement in the application, other than a fraudulent one, to void a disability policy? A.R.S. Sec. 20-1346
  • After notice of claim, an Arizona insurer sends no claim forms. After how many days may the claimant meet the proof of loss requirement by a written account of the loss alone? A.R.S. Sec. 20-1350
  • After the initial course, how much long-term care training does an Arizona producer who sells that coverage complete in each two-year period? A.R.S. Sec. 20-1691.12
  • An Arizona applicant receives a long-term care policy and is not satisfied with it. How long after delivery may it be returned for a refund of the premium? A.R.S. Sec. 20-1691.07
  • An Arizona disability policy carries the optional cancellation provision. How long after the written notice is the earliest the cancellation by the insurer may take effect? A.R.S. Sec. 20-1365
  • An Arizona disability policy pays an indemnity for loss of time in installments. How often, at the least, must the installments be paid? A.R.S. Sec. 20-1352
  • An Arizona disability policy pays for loss of life, and no beneficiary is named. To whom is that indemnity payable? A.R.S. Sec. 20-1353
  • An Arizona family disability policy may cover children under a specified age. What is the highest age the policy form statute lets it specify? A.R.S. Sec. 20-1342
  • An Arizona insured is hurt in a fall. Under the required provision, how soon after the loss begins must written notice of claim reach the insurer? A.R.S. Sec. 20-1349
  • An Arizona insured pays the premium on an individual disability policy every month. How many days of grace does the required provision give? A.R.S. Sec. 20-1347
  • An Arizona insurer accepts a premium for a period that runs past the date on which coverage was to end because of age. What happens? A.R.S. Sec. 20-1373
  • An Arizona insurer has a claimant examined by a physician while a disability claim is pending. Who pays for the examination? A.R.S. Sec. 20-1354
  • An Arizona long-term care policy has been in force for two years. What does the statute then say about it? A.R.S. Sec. 20-1691.10
  • An Arizona policy ends the coverage of a child at a limiting age unless the child is incapable of self-support. How soon after the child reaches that age must proof be furnished? A.R.S. Sec. 20-1342.01
  • An Arizona policyholder pays an overdue premium on a lapsed disability policy and fills out the form the company asks for. The company hands over a conditional receipt and never answers. On which day after the date of that receipt does coverage come back? A.R.S. Sec. 20-1348
  • Arizona's reinstatement provision treats illness differently from accidental injury. An illness counts only if it starts more than how many days after the date the disability policy was put back in force? A.R.S. Sec. 20-1348
  • During the first half year of Arizona long-term care coverage, the company may undo the coverage or turn down a valid claim on one ground only. Which ground? A.R.S. Sec. 20-1691.10
  • For a loss that is not a continuing one, how long after the date of the loss does an Arizona insured have to furnish written proof of loss? A.R.S. Sec. 20-1351
  • For how many consecutive months, at the least, must an Arizona long-term care policy provide coverage for each covered person? A.R.S. Sec. 20-1691.03
  • From what moment does an Arizona family disability policy cover a child newly born to the insured? A.R.S. Sec. 20-1342
  • How many hours of initial long-term care training does an Arizona producer complete before selling long-term care insurance? A.R.S. Sec. 20-1691.12
  • May an Arizona long-term care policy make its benefits depend on an earlier hospital stay? A.R.S. Sec. 20-1691.05
  • On which ground alone may an Arizona long-term care policy not be canceled or nonrenewed? A.R.S. Sec. 20-1691.03
  • The optional intoxicants and narcotics provision of an Arizona disability policy has one exception. What is it? A.R.S. Sec. 20-1368
  • To keep the coverage of a newborn going under an Arizona family policy, how long after the birth does the insured have to give notice and pay any added premium? A.R.S. Sec. 20-1342
  • Unless the director sets another period, what is the longest preexisting condition limitation an Arizona long-term care policy may carry after its effective date? A.R.S. Sec. 20-1691.03
  • What happens to the premium when an Arizona insurer cancels a disability policy under the optional cancellation provision? A.R.S. Sec. 20-1365
  • What is the last point at which an action may be brought on an Arizona disability policy, counted from the time written proof of loss is required? A.R.S. Sec. 20-1355
  • Which event gives covered family members the right to continue coverage under an Arizona individual disability policy? A.R.S. Sec. 20-1377
  • Which license must an Arizona producer hold to sell long-term care insurance? A.R.S. Sec. 20-1691.12
  • Who must approve a change to an Arizona individual disability policy before the change is valid? A.R.S. Sec. 20-1345

Unfair practices and penalties 19

  • A person intentionally violates an Arizona unfair practices section. What civil penalty may the director impose for each act? A.R.S. Sec. 20-456
  • Above what aggregate value are prizes, goods or merchandise a prohibited inducement to insurance in Arizona? A.R.S. Sec. 20-452
  • The acts listed in the Arizona unfair claim settlement statute are prohibited when they are done in what way? A.R.S. Sec. 20-461
  • After a hearing, the Arizona director finds unfair practices that were not intentional. What is the aggregate limit on the civil penalty? A.R.S. Sec. 20-456
  • An Arizona claims office does each of these four things as a matter of routine. Which one is on the list of unfair practices in A.R.S. Sec. 20-461? A.R.S. Sec. 20-461
  • An Arizona insurer does not pay a first party claim within thirty days after it receives an acceptable proof of loss. What does it then owe on the claim? A.R.S. Sec. 20-462
  • An Arizona producer makes a misrepresentation to a policyholder. Which purpose makes that an unfair practice under the misrepresentation statute? A.R.S. Sec. 20-443
  • Does a cease and desist order from the Arizona director clear the person of other liability for the same conduct? A.R.S. Sec. 20-456
  • Does the Arizona unfair claim settlement statute give an insured a private right of action? A.R.S. Sec. 20-461
  • The fifty thousand dollar aggregate limit on Arizona penalties for intentional unfair practices is measured over what period? A.R.S. Sec. 20-456
  • On which basis may an Arizona insurer not refuse to consider an application for life or disability insurance? A.R.S. Sec. 20-448
  • Subsection B of the Arizona unfair discrimination statute names one group that disability insurers may not treat unfairly. Which group? A.R.S. Sec. 20-448
  • What does the Arizona statute say a producer may not do about the compensation tied to a health benefits plan? A.R.S. Sec. 20-443
  • What grade of offense is it for an Arizona life insurance producer to knowingly make a false statement in an application for life or disability insurance? A.R.S. Sec. 20-458
  • Which act is a fraudulent practice under the Arizona insurance fraud statute when done knowingly? A.R.S. Sec. 20-463
  • Which of these does the Arizona rebate statute call a prohibited rebate? A.R.S. Sec. 20-449
  • Which of these may an Arizona producer not promise as an inducement to buy insurance? A.R.S. Sec. 20-452
  • Which practice does Arizona law say is not discrimination or a rebate? A.R.S. Sec. 20-450
  • Which practice does the Arizona misrepresentation statute forbid? A.R.S. Sec. 20-443

Guaranty fund 28

  • A court places a member insurer under an order of rehabilitation and makes no finding of insolvency. What does the Arizona statute call that insurer? A.R.S. Sec. 20-681
  • A failed insurer wrote long-term care insurance. How does the Arizona plan of operation divide the assessment for it between the two groups of member insurers? A.R.S. Sec. 20-686
  • A member insurer fails while an Arizona resident is drawing monthly benefits under disability income insurance. Up to what amount on that one life does the fund stand behind this coverage? A.R.S. Sec. 20-682
  • A variable contract passes its investment risk to the owner. How does the Arizona guaranty fund statute treat that part of the contract? A.R.S. Sec. 20-682
  • After a determination that a member insurer is impaired or insolvent, how soon must the Arizona director notify the board of the guaranty fund? A.R.S. Sec. 20-688
  • An Arizona member insurer pays an assessment and receives a certificate of contribution. At what pace may the assessment be offset against its premium tax? A.R.S. Sec. 20-692
  • An Arizona resident holds two life policies from an insurer that is ordered into liquidation. What limit does the guaranty fund statute set for death benefits on that one life? A.R.S. Sec. 20-682
  • An Arizona retiree owns a deferred annuity from an insolvent member insurer. Up to what present value, with cash values counted in, does the obligation of the fund run? A.R.S. Sec. 20-682
  • The Arizona guaranty fund sends a member insurer a written notice of assessment. How much time, at the least, does the insurer have to pay? A.R.S. Sec. 20-686
  • The Arizona guaranty fund statute caps what is paid for the cash value of life insurance on one life. What is the cap? A.R.S. Sec. 20-682
  • The Arizona life and disability insurance guaranty fund keeps accounts for administration and assessment. Which three? A.R.S. Sec. 20-683
  • The board of the Arizona guaranty fund learns that a member insurer may be unable to meet its contractual obligations. What must the board do, on majority vote? A.R.S. Sec. 20-689
  • By what date each year must the board of the Arizona guaranty fund send the director its financial report for the preceding calendar year? A.R.S. Sec. 20-691
  • By whom, and from what list, is a seat on the Arizona guaranty fund board filled? A.R.S. Sec. 20-684
  • For a health benefit plan issued by a failed member insurer, what limit on one life does the Arizona guaranty fund statute set? A.R.S. Sec. 20-682
  • For the Arizona guaranty fund, whether a person is a resident turns on where the person lives on what date? A.R.S. Sec. 20-681
  • How long is the term of a member of the board of the Arizona guaranty fund? A.R.S. Sec. 20-684
  • In the Arizona guaranty fund statute, what marks a member insurer as an insolvent insurer? A.R.S. Sec. 20-681
  • One business owns many nongroup life policies from a failed Arizona member insurer. Above what total are the amounts left outside the coverage of the fund? A.R.S. Sec. 20-682
  • Sitting on the Arizona guaranty fund board takes time and travel. What does the statute allow in return? A.R.S. Sec. 20-684
  • Subject to the powers of the director, a board administers the Arizona guaranty fund. How many members does the board have? A.R.S. Sec. 20-684
  • What must an insurer do about the guaranty fund in order to hold its authority to transact life or disability insurance in Arizona? A.R.S. Sec. 20-683
  • When are the records of the negotiations and meetings of the Arizona guaranty fund about a failed insurer made public? A.R.S. Sec. 20-690
  • When does the plan of operation of the Arizona guaranty fund take effect? A.R.S. Sec. 20-687
  • Where is the Arizona life and disability insurance guaranty fund established? A.R.S. Sec. 20-683
  • Which of these is outside the coverage of the Arizona guaranty fund? A.R.S. Sec. 20-682
  • Who bears the costs, expenses and liabilities of the Arizona guaranty fund? A.R.S. Sec. 20-683
  • With the approval of the director, what may the Arizona guaranty fund do with the policies of an impaired insurer? A.R.S. Sec. 20-685

How it works

These unofficial Arizona life insurance exam questions ask the law only: 167 free practice questions written from Title 20 of the Arizona Revised Statutes, disability insurance law included. Policy types, underwriting and textbook theory are not asked.

Read the full guide

What the Arizona law questions cover

Six groups: producer licensing and continuing education, life policy provisions, annuities and replacement, disability insurance provisions, unfair practices and penalties, and the guaranty fund. Arizona statutes call accident and health coverage disability insurance. Questions you miss are held in a pile for a second try.

Studying for life insurance alone

Set the topic filter to Life policy provisions, then to Annuities and replacement. Producer licensing and the guaranty fund belong to both lines. Each answer names its A.R.S. section and links to azleg.gov.

  • Continuing education: 48 credit hours each license period, at least 6 of them ethics (A.R.S. 20-2902).
  • A license expires quadrennially, on the last day of the licensee's birthday month (A.R.S. 20-289).
  • An annuity contract may be returned within 10 days, or 30 days for a holder aged 65 or older at application (A.R.S. 20-1233).

Questions and answers

How many questions are on the Arizona life insurance exam?

That number is not on this page. The Title 20 sections read for this bank set no exam length, time limit or pass mark, and Exam mode draws 25 questions as a set size, nothing more.

How many times can you take the AZ insurance exam?

No more than four times within a twelve month period for one line of authority, under A.R.S. 20-284. A person who fails that line four times may not take its examination again for one year.

How many continuing education hours does an Arizona insurance producer need?

At least forty-eight credit hours in each license period, including at least six credit hours of ethics training, under A.R.S. 20-2902. The license itself expires quadrennially, on the last day of the birthday month.

Are these the real Arizona life insurance exam questions?

No. Nobody here has seen the state exam. The questions were written from Title 20 of the Arizona Revised Statutes, and the Arizona Department of Insurance and Financial Institutions did not write or review them.