Arizona § 20-1241.07 Duties of insurers with respect to direct response solicitations

Arizona Statutes

§ 20-1241.07 — Duties of insurers with respect to direct response solicitations

Arizona § 20-1241.07

Title 20Arizona Revised Statutes

Ch. 6PARTICULAR TYPES OF INSURANCE

Art. 1.Replacement of Life Insurance Policies and Annuity Contracts

This text of Arizona § 20-1241.07 (Duties of insurers with respect to direct response solicitations) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 20-1241.07 (2026).

Text

A.If a person applies for a policy or contract in response to a direct response solicitation, the insurer shall require, with or as part of each completed application for a policy or contract, a statement asking whether the applicant, by applying for the proposed policy or contract, intends to replace, discontinue or change an existing policy or contract. If the applicant indicates a replacement or change is not intended or if the applicant fails to respond to the statement, the insurer shall send the applicant, with the policy or contract, a notice that the director has approved or prescribed by rule.

B.If the insurer has proposed the replacement or if the applicant indicates a replacement is intended and the insurer continues with the replacement, the insurer shall:

1.Comply with th

Free access — add to your briefcase to read the full text and ask questions with AI

A. If a person applies for a policy or contract in response to a direct response solicitation, the insurer shall require, with or as part of each completed application for a policy or contract, a statement asking whether the applicant, by applying for the proposed policy or contract, intends to replace, discontinue or change an existing policy or contract. If the applicant indicates a replacement or change is not intended or if the applicant fails to respond to the statement, the insurer shall send the applicant, with the policy or contract, a notice that the director has approved or prescribed by rule.

B. If the insurer has proposed the replacement or if the applicant indicates a replacement is intended and the insurer continues with the replacement, the insurer shall:

1. Comply with the requirements of section 20-1241.05, subsections C and D if the applicant furnishes the names of the existing insurer, and the requirements of section 20-1241.05, subsections E and F.

2. With the policy or contract, provide the applicant or prospective applicant with a notice as required under section 20-1241.05.