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Colorado Insurance Regulations Practice Questions — Page 2 of 9

450 free Colorado-specific insurance regulation questions for the Colorado Life & Health exam — page 2.

  1. 51.A Colorado producer offers to pay a new client a cash bonus equal to part of the producer's first-year comm…
    Difficulty 1/5CO specific
  2. 52.A producer in Aurora gives a policyholder a written, factual comparison of two life policies that permits a…
    Difficulty 3/5CO specific
  3. 53.Under C.R.S. § 10-7-105.5, how may a Colorado insurer deliver a lapse-for-nonpayment notice on a quarterly-…
    Difficulty 2/5CO specific
  4. 54.An agency owner tells an auto repair shop that referral business will be steered away from the shop unless …
    Difficulty 1/5CO specific
  5. 55.A Boulder employee's group life coverage ends when she leaves her job. Under Colorado group life law, what …
    Difficulty 3/5CO specific
  6. 56.Which of the following actions falls within the general powers of the Colorado Commissioner of Insurance?
    Difficulty 3/5CO specific
  7. 57.A Colorado producer distributes flyers describing a health plan as covering 'everything with no limitations…
    Difficulty 2/5CO specific
  8. 58.Beyond forbidding lenders from dictating the insurance source for a loan, C.R.S. § 10-3-1105 also prohibits…
    Difficulty 3/5CO specific
  9. 59.Under C.R.S. § 10-3-1104(1)(h), an insurer commits an unfair claim settlement practice when the conduct is …
    Difficulty 1/5CO specific
  10. 60.A Colorado producer wants to sell long-term care insurance, including partnership policies. What LTC traini…
    Difficulty 2/5CO specific
  11. 61.An employee of a Colorado insurer reports the employee's good-faith suspicion of insurance fraud to law enf…
    Difficulty 3/5CO specific
  12. 62.A Colorado producer concentrates on selling policies to the producer's own family and business associates. …
    Difficulty 2/5CO specific
  13. 63.A producer circulates flyers in Denver falsely stating that a competing insurer 'is insolvent and cannot pa…
    Difficulty 2/5CO specific
  14. 64.The Colorado Commissioner of Insurance believes an Aurora insurer has committed deceptive trade practices a…
    Difficulty 2/5CO specific
  15. 65.A life policy sold in Boulder includes an accidental death benefit provision that doubles the benefit for a…
    Difficulty 2/5CO specific
  16. 66.When a producer uses misleading materials to market a Colorado health plan, who bears responsibility for co…
    Difficulty 1/5CO specific
  17. 67.A producer persuades a Colorado Springs policyholder to let an existing life policy lapse and replace it wi…
    Difficulty 3/5CO specific
  18. 68.What consequence does Colorado Insurance Regulation 1-1-8 attach to a failure to respond, or an incomplete …
    Difficulty 1/5CO specific
  19. 69.Colorado's disclosure requirements for life insurance sales, administered by the Colorado Division of Insur…
    Difficulty 2/5CO specific
  20. 70.A Colorado producer is offered an extra payment to place a client's coverage with an insurer that is not au…
    Difficulty 2/5CO specific
  21. 71.Which Colorado official is responsible for administering the state's insurance statutes, receiving and inve…
    Difficulty 1/5CO specific
  22. 72.Under C.R.S. § 10-2-702, which of the following payments is permitted despite the general prohibition on pa…
    Difficulty 2/5CO specific
  23. 73.Under C.R.S. § 10-2-201, how many hours of prelicensing education must a Colorado life insurance applicant …
    Difficulty 1/5CO specific
  24. 74.A Colorado insured receives an adverse determination from her carrier's utilization review program. Under C…
    Difficulty 2/5CO specific
  25. 75.During a market review, the Colorado Division of Insurance receives information that a lending company in D…
    Difficulty 2/5CO specific
  26. 76.A Colorado carrier's small-employer group policy uses the term 'participation' in a way that conflicts with…
    Difficulty 2/5CO specific
  27. 77.Which of the following is prohibited as an illegal rebate under C.R.S. § 10-3-1104(1)(g)?
    Difficulty 1/5CO specific
  28. 78.Which conduct is expressly permitted under C.R.S. § 10-3-1104(1)(a)?
    Difficulty 3/5CO specific
  29. 79.Under C.R.S. § 10-16-104(13), a Colorado sickness and accident policy's mandated diabetes coverage must inc…
    Difficulty 1/5CO specific
  30. 80.A producer licensed and in good standing in her home state wants to add a Colorado nonresident license. Und…
    Difficulty 2/5CO specific
  31. 81.A policyholder in Boulder asks whether hospice care must be included in her individual health policy. Under…
    Difficulty 2/5CO specific
  32. 82.Which of the following life insurance arrangements would fail Colorado's insurable interest requirement und…
    Difficulty 3/5CO specific
  33. 83.Under Colorado Insurance Regulation 1-1-7, what standard applies to the records a licensed producer keeps o…
    Difficulty 1/5CO specific
  34. 84.To properly establish suitability for a life insurance recommendation in Colorado, a producer should base t…
    Difficulty 1/5CO specific
  35. 85.A Colorado insurer knowingly, or reasonably should have known it was, violating the unfair-claims-settlemen…
    Difficulty 2/5CO specific
  36. 86.A Colorado insurer continues transacting business in violation of a cease and desist order that is already …
    Difficulty 2/5CO specific
  37. 87.To win a large commercial account, a Colorado producer offers the business owner shares of stock in a compa…
    Difficulty 2/5CO specific
  38. 88.A Colorado prelicensing school administers the required course final to a life applicant. Under Reg. 1-2-5,…
    Difficulty 3/5CO specific
  39. 89.A Denver producer offers to pay one month of the client's premium out of her own commission as an inducemen…
    Difficulty 3/5CO specific
  40. 90.When a claim under an individual Colorado S&A policy is payable to the estate or to a minor or incompetent,…
    Difficulty 1/5CO specific
  41. 91.Under C.R.S. § 10-3-1104(1)(d), coercion in an insurance transaction occurs when a person:
    Difficulty 1/5CO specific
  42. 92.A producer in Denver asks which transactions fall outside Colorado's life insurance replacement rules under…
    Difficulty 2/5CO specific
  43. 93.A Boulder woman owns a life policy that includes an accidental death benefit provision. Under C.R.S. § 10-7…
    Difficulty 3/5CO specific
  44. 94.A Colorado insurer charges two life applicants of the same class and equal expectation of life noticeably d…
    Difficulty 2/5CO specific
  45. 95.Under C.R.S. § 10-3-1104(1)(c), a statement about a competitor's financial condition constitutes insurance …
    Difficulty 3/5CO specific
  46. 96.Which practice is PERMITTED under Colorado's anti-rebating law of C.R.S. § 10-3-1104(1)(g)?
    Difficulty 3/5CO specific
  47. 97.During a Division of Insurance examination, a Colorado producer's records show that premium funds collected…
    Difficulty 2/5CO specific
  48. 98.Which documents form the core of the record a replacing insurer keeps of a life replacement under Colorado …
    Difficulty 1/5CO specific
  49. 99.A policyholder in Colorado Springs files a written complaint with the Colorado Division of Insurance allegi…
    Difficulty 2/5CO specific
  50. 100.Marcus Hale of Denver purchased an individual life insurance policy that is still in force. Marcus dies by …
    Difficulty 2/5CO specific