Who Regulates Life Insurance In Arizona?
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63333 POINTSview profilePeggy MaceMost of the U.S.The Arizona Department of Insurance regulates life insurance in Arizona. They do not do so on a policy by policy basis, but by establishing and enforcing policy provisions such as grace periods, free look periods, exam requirements, and death benefit processing. The Director of Insurance for the AZ Dept of Insurance at this time is Germaine Marks.Answered on August 12, 2013flag this answer
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaEach state has a state insurance commissioner. The state insurance commissioner has several ways in which he or she can regulate a life insurance company. The most important thing that they do is regularly check the financial capability of the admitted companies to keep their promises. The commissioner is also the person that licenses agents to sell life insurance in their state.Answered on October 9, 2014flag this answer
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