An insurer extending mass marketed life or health insurance under a group or blanket policy issued outside this state to residents of this state shall, before offering coverage to the citizens of this state:

Terms Used In Arizona Laws 20-1662

  • Mass marketed life or health insurance: means insurance under any franchise, group or blanket policy of life or health insurance which is offered by means of direct response solicitation through a sponsoring organization or through the mails or other mass communications media and under which the person who is insured pays all or substantially all of the cost of his insurance. See Arizona Laws 20-1661
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.

1. Make available for the purpose of determining compliance with this article copies of any such policy or certificates issued under such policy and advertising material used within this state in connection with such insurance.

2. Comply with the requirements of this state relating to advertising and to claims settlement practices.

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