A.R.S. § 20-431.01: Applicability

A. This article applies to all group and individual life insurance policies and certificates except:

1. Variable life insurance.

2. Individual and group annuity contracts.

3. Credit life insurance.

4. Life insurance policies with no illustrated death benefits on any individual exceeding $10,000.

B. If an insurer markets a policy form with an illustration that is subject to the requirements of this article, the insurer is not required to provide a policy summary to the applicant or the policyowner as otherwise required pursuant to administrative rule.