Reasonableness standard definition
Reasonableness standard means the requirement in A.R.S. § 20-1610(B) that an insurer’s premiums for credit insurance shall not be excessive in relation to the benefits provided under the policy.
Reasonableness standard means the requirement in A.R.S. § 20-1610(B) that an insurer’s premium rates for credit insurance be reasonable in relation to the benefits provided under the policy of insurance.