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Life and Health Insurance Producer Exam

Long-term care (AZ): practice questions

Our Life & Health Insurance bank has 6 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Arizona

Under Arizona's unintentional lapse rule, when may an individual long-term care policy lapse for nonpayment?

  1. Only after the producer has visited the insured in person to explain the consequences of lapse
  2. Immediately at the end of the grace period, with notice to the insured only and none to any designee
  3. Only after 90 days' notice to the insured, any designee and the director, each sent by certified mail
  4. Only after written notice at least 30 days before lapse, sent no sooner than 30 days after the due date
Show the answer

D. Only after written notice at least 30 days before lapse, sent no sooner than 30 days after the due date — A.A.C. R20-6-1005(F).

Question 2 · Arizona

After an Arizona long-term care policy has been in force for two years, on what basis may the insurer contest it?

  1. On any material misrepresentation in the application, whether it was innocent or intentional
  2. Only on a showing the insured knowingly and intentionally misrepresented health facts
  3. Only for nonpayment of premium, since misrepresentation is no longer a defense
  4. On any misrepresentation relating to the condition for which benefits are sought
Show the answer

B. Only on a showing the insured knowingly and intentionally misrepresented health facts — A.R.S. 20-1691.10(C).

Question 3 · Arizona

Within what time must an insurer notify a claimant whether a long-term care claim is accepted or denied, once it has the documentation it reasonably needs?

  1. Thirty calendar days, and in no case may the determination exceed one year
  2. Five working days, with no outside limit if more information is requested
  3. Fifteen working days, and in no case may the determination exceed sixty days
  4. Ten working days, extendable once by the insurer for another ninety days
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C. Fifteen working days, and in no case may the determination exceed sixty days — A.R.S. 20-1691.06(H).

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