Arizona

The relevant statute is the Credit Life Insurance and Credit Disability Insurance, Ariz. Rev. Stat. Ann. §§20-1601 et seq. (AZ-INS).

A. Actions lender may take: AZ-INS §20-452.02 - The lender may furnish or renew property insurance required by the loan agreement, if the borrower fails to furnish the insurance or renewal within a reasonable time or in a reasonable form as specified in the loan agreement.

B. Notices required: No express statutory provision.

C. Coverage required: No express statutory provision.

D. Charges permitted: No express statutory provision.

E. Finance charge allowed on lender's payment: No express statutory provision.

Click here to view relevant Arizona Code and Regulations.