The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
DISCLAIMER
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
A. Insurance under any group life insurance policy that is issued pursuant to section 20-1252, 20-1254 or 20-1255 may be extended to insure the dependents, or any class or classes of dependents, of each insured person who so elects, in amounts in accordance with a plan that precludes individual selection by the insured persons or by the policyholder and that on the life of any one dependent or the spouse of an insured person shall not be more than one hundred per cent of the insurance on the life of the insured person.
B. Premiums for any dependent coverage issued pursuant to this section shall be paid by the policyholder, from the policyholder's monies, from monies contributed by the policyholder or from monies contributed by the persons insured under the group policy or from any or all of those sources.
C. A dependent insured pursuant to this section has the same conversion right as to the insurance on the dependent insured's life as is vested by the terms of the group policy in the persons insured under the group policy.
D. For the purposes of this section, "dependent" means the spouse of an insured person, the minor children of an insured person and any other children of an insured person as provided in the group life insurance policy.