Colorado Insurance Regulations Practice Questions
450 free Colorado-specific insurance regulation questions — licensing rules, replacement regulations, unfair practices, and CO insurance code duties tested on the Colorado Life & Health exam. Nationally applicable material lives in the other domains.
- 1.A Colorado producer files a false certificate of continuing-education compliance with the Colorado Division…Difficulty 1/5CO specific
- 2.A producer circulates a false and maliciously critical statement about a competing insurer's financial cond…Difficulty 1/5CO specific
- 3.Under Colorado's insurance fraud statute, every licensed insurer must maintain an anti-fraud plan. What mus…Difficulty 2/5CO specific
- 4.At a Colorado industry meeting, a producer announces that a competing insurer is near collapse, knowing the…Difficulty 2/5CO specific
- 5.An insurer knew, or reasonably should have known, that its claim-handling practices violated Colorado's unf…Difficulty 2/5CO specific
- 6.In Colorado, the required health benefits that sickness and accident policies must provide are established by:Difficulty 2/5CO specific
- 7.A Colorado producer completed the initial long-term care training and has been selling LTC policies. What o…Difficulty 2/5CO specific
- 8.An insured in Denver sues after a coverage dispute and names the producer who solicited the application, cl…Difficulty 1/5CO specific
- 9.A Colorado producer's records show collected premium that remains unaccounted for more than 45 days after t…Difficulty 2/5CO specific
- 10.Under C.R.S. § 10-16-104(18), Colorado health coverage must provide annual breast cancer screening (mammogr…Difficulty 2/5CO specific
- 11.In Colorado health coverage, utilization review under C.R.S. § 10-16-113 refers to:Difficulty 2/5CO specific
- 12.Under a Colorado individual sickness and accident policy, proof of loss is normally due within 90 days afte…Difficulty 2/5CO specific
- 13.Which of the following claim-handling acts is enumerated as an unfair claims practice under C.R.S. § 10-3-1…Difficulty 2/5CO specific
- 14.Over a 12-month period, the premiums a Colorado life producer writes on his own life, his family members, a…Difficulty 2/5CO specific
- 15.A producer collects premiums from clients and holds them in a fiduciary capacity. One policy has no separat…Difficulty 1/5CO specific
- 16.A producer in Denver finishes her Colorado CE cycle early and earns extra approved classroom hours. What do…Difficulty 2/5CO specific
- 17.Under C.R.S. § 10-1-116, defamation committed by one insurance company against another insurance company in…Difficulty 1/5CO specific
- 18.A mortgage lender in Boulder, after requiring a borrower to obtain property insurance, adds a separate hand…Difficulty 3/5CO specific
- 19.A licensed Colorado producer who sells policies on behalf of several carriers asks whether he must maintain…Difficulty 1/5CO specific
- 20.A Colorado small employer applies for group coverage, but too few of its eligible employees enroll, leaving…Difficulty 3/5CO specific
- 21.A dispute arises over coverage under a policy sold by a producer to a client in Colorado Springs, and the c…Difficulty 2/5CO specific
- 22.An applicant for a Colorado life producer license asks how much approved prelicensing education the state r…Difficulty 1/5CO specific
- 23.A Colorado consumer files a written complaint with the Division of Insurance alleging that a producer misre…Difficulty 2/5CO specific
- 24.A producer in Colorado Springs deposits premiums collected from several policyholders into the same bank ac…Difficulty 1/5CO specific
- 25.Under C.R.S. § 10-7-105.5, how may a Colorado insurer deliver the reason-for-lapse notice, and what serves …Difficulty 2/5CO specific
- 26.Which of the following persons may lawfully transact an insurance sale in Colorado?Difficulty 2/5CO specific
- 27.A producer offers to return part of the first-year premium to any applicant who buys a policy from him this…Difficulty 1/5CO specific
- 28.Which Colorado statute addresses the sales and marketing of life insurance and annuities?Difficulty 1/5CO specific
- 29.A Colorado producer relocates her agency to a new address in Colorado Springs. Under C.R.S. § 10-2-412, wit…Difficulty 1/5CO specific
- 30.Under C.R.S. § 10-3-1104(1)(f), Colorado prohibits unfair discrimination in life insurance between individu…Difficulty 3/5CO specific
- 31.An employee's group life coverage under a Denver employer's plan terminates because she leaves her job. Und…Difficulty 2/5CO specific
- 32.Under Colorado's mandated prostate screening benefit, an annual covered screening for a man over 50 is subj…Difficulty 1/5CO specific
- 33.During a market-conduct review, a Denver agency questions the scope of its recordkeeping duty under Colorad…Difficulty 3/5CO specific
- 34.A producer in Colorado Springs persuades an insured to lapse an existing life policy and buy a new one by o…Difficulty 2/5CO specific
- 35.To close a sale in Denver, a producer tells an applicant that a life policy pays dividends every year that …Difficulty 2/5CO specific
- 36.A Colorado producer discovers that premium she collected has been unaccounted for more than 45 days after t…Difficulty 3/5CO specific
- 37.Under C.R.S. § 10-3-1104(1)(a), which of the following is a misrepresentation?Difficulty 1/5CO specific
- 38.A Colorado client exhausts the benefits of her qualifying long-term care partnership policy and later appli…Difficulty 3/5CO specific
- 39.A Colorado hospital submits a clean claim to a carrier electronically. Under C.R.S. § 10-16-106.5, the carr…Difficulty 1/5CO specific
- 40.Under the disclosure standards administered by the Colorado Division of Insurance, when should a producer m…Difficulty 1/5CO specific
- 41.A Colorado Springs producer maintains an active life license and must satisfy continuing education. Under C…Difficulty 1/5CO specific
- 42.A Colorado Springs applicant has just finished a prelicensing course and asks what to expect on the course …Difficulty 1/5CO specific
- 43.The Colorado Division of Insurance sends a licensed producer an Examination Request/Comment Form concerning…Difficulty 1/5CO specific
- 44.A Colorado producer completes extra continuing-education courses and wants to apply the surplus to the next…Difficulty 2/5CO specific
- 45.Following a hearing, a Colorado insurer is found to have engaged in an unfair method of competition in viol…Difficulty 1/5CO specific
- 46.A Colorado employer never sends the notice required under C.R.S. § 10-16-108(1) after a terminated employee…Difficulty 3/5CO specific
- 47.Under C.R.S. § 10-7-112, once the initial period after death has run, what rate applies to an unsettled Col…Difficulty 2/5CO specific
- 48.A Colorado producer wants to add long-term care policies to her product line. Under the Division of Insuran…Difficulty 1/5CO specific
- 49.Which practice is permitted under Colorado's rebate restrictions?Difficulty 3/5CO specific
- 50.Under C.R.S. § 10-3-1104(1)(h), an insurer's claim-handling conduct constitutes an unfair claim settlement …Difficulty 1/5CO specific