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Colorado Insurance Regulations Practice Questions — Page 3 of 9

450 free Colorado-specific insurance regulation questions for the Colorado Life & Health exam — page 3.

  1. 101.A lender in Aurora requires every small-business borrower to buy its property insurance through one specifi…
    Difficulty 2/5CO specific
  2. 102.When marketing a health benefit plan in Colorado, which document must be provided that describes the plan's…
    Difficulty 1/5CO specific
  3. 103.In Colorado, which of the following activities requires a producer license?
    Difficulty 2/5CO specific
  4. 104.An Aurora producer writes a large volume of coverage on his own business, his spouse's business, and his em…
    Difficulty 2/5CO specific
  5. 105.An individual sickness and accident policy — other than a health benefit plan — is issued with premiums pai…
    Difficulty 1/5CO specific
  6. 106.An insurer handling claims in Colorado routinely refuses to pay claims without conducting any investigation…
    Difficulty 2/5CO specific
  7. 107.A life insurance advertisement used in Boulder presents projected dividends as if they were guaranteed and …
    Difficulty 1/5CO specific
  8. 108.Which of the following is NOT an unfair misrepresentation under C.R.S. § 10-3-1104(1)(a)?
    Difficulty 1/5CO specific
  9. 109.During a 12-month period, a Colorado producer's aggregate premiums on policies covering the producer's own …
    Difficulty 2/5CO specific
  10. 110.Under C.R.S. § 10-2-401(1), a Colorado producer who solicits or negotiates an application for insurance is,…
    Difficulty 1/5CO specific
  11. 111.Which of the following sales activities is permitted under C.R.S. 10-3-1104(1)(a)?
    Difficulty 3/5CO specific
  12. 112.Under Colorado Insurance Regulation 4-1-4, when must a producer submit the signed replacement statement for…
    Difficulty 1/5CO specific
  13. 113.Under C.R.S. § 10-2-301, how much continuing education must a Colorado resident producer complete for each …
    Difficulty 1/5CO specific
  14. 114.Under Colorado small-employer group law, what determines whether an employer qualifies as a 'small employer…
    Difficulty 1/5CO specific
  15. 115.A physical therapy clinic in Aurora mails a clean claim to a Colorado carrier, and the carrier lets the dea…
    Difficulty 2/5CO specific
  16. 116.Under what condition does conduct constitute an unfair claim settlement practice violation under C.R.S. § 1…
    Difficulty 2/5CO specific
  17. 117.Under C.R.S. § 10-1-128, the statutory fraud warning that appears on Colorado insurance applications, polic…
    Difficulty 1/5CO specific
  18. 118.After a hearing, the Colorado Commissioner finds that an insurer knowingly engaged in deceptive practices u…
    Difficulty 3/5CO specific
  19. 119.To carry Colorado's insurance statutes into day-to-day practice, the Commissioner of Insurance may:
    Difficulty 2/5CO specific
  20. 120.An Aurora agency principal relocates her insurance office to a new address within the same city. Under C.R.…
    Difficulty 1/5CO specific
  21. 121.Under the Colorado rules governing sales and marketing of life insurance and annuities, an advertisement us…
    Difficulty 2/5CO specific
  22. 122.A Colorado Springs agency's bookkeeping shows that collected premium cannot be fully accounted for. Under C…
    Difficulty 3/5CO specific
  23. 123.Which of the following is OUTSIDE the scope of C.R.S. § 10-7-109's rule that suicide after the first policy…
    Difficulty 3/5CO specific
  24. 124.A Colorado life producer dies, and an eligible person wants to continue servicing the business during the t…
    Difficulty 1/5CO specific
  25. 125.A Colorado insurer is found, after a hearing, to have known or reasonably should have known that it was vio…
    Difficulty 2/5CO specific
  26. 126.A Colorado producer's advertisement implies that a life policy is a risk-free savings plan. Under the Color…
    Difficulty 2/5CO specific
  27. 127.Under Colorado Insurance Regulation 1-1-7, the records that a Colorado producer keeps must be maintained in…
    Difficulty 1/5CO specific
  28. 128.A Denver couple adds their newborn daughter to their group health policy. Under C.R.S. § 10-16-104(1), when…
    Difficulty 2/5CO specific
  29. 129.An insurer headquartered in Denver is reviewing its compliance obligations under Colorado's insurance fraud…
    Difficulty 2/5CO specific
  30. 130.For sickness and accident insurance, Colorado's unfair-discrimination statute, C.R.S. § 10-3-1104(1)(f), pe…
    Difficulty 2/5CO specific
  31. 131.An insurer in Denver received a complete payout request with due proof of death more than 30 days ago, and …
    Difficulty 2/5CO specific
  32. 132.Under C.R.S. § 10-16-104(5.5) and Colorado Insurance Regulation 4-2-64, coverage for behavioral health cond…
    Difficulty 2/5CO specific
  33. 133.During a sales presentation, a Colorado producer falsely tells an applicant that a competing insurer is ins…
    Difficulty 1/5CO specific
  34. 134.A Boulder man buys a life policy on his business partner's life, relying on the partner's ongoing value to …
    Difficulty 3/5CO specific
  35. 135.Under the suitability standards enforced in Colorado for life insurance and annuity recommendations, a prod…
    Difficulty 2/5CO specific
  36. 136.The Colorado Division of Insurance determines that a producer submitted a false continuing-education certif…
    Difficulty 2/5CO specific
  37. 137.After a hearing conducted under C.R.S. § 10-3-1107, the Commissioner finds that a Colorado producer committ…
    Difficulty 2/5CO specific
  38. 138.The Colorado Division of Insurance reviews a health insurer's files and finds repeated failures to acknowle…
    Difficulty 2/5CO specific
  39. 139.A Colorado producer dies and the producer's agency needs to keep servicing the business. Under C.R.S. § 10-…
    Difficulty 1/5CO specific
  40. 140.An applicant in Colorado wants a life producer license. Under C.R.S. § 10-2-201(1), how many hours of appro…
    Difficulty 1/5CO specific
  41. 141.Under Colorado Insurance Regulation 4-1-4, what record of a life insurance replacement must the replacing i…
    Difficulty 1/5CO specific
  42. 142.Which statement best describes the rulemaking authority of the Colorado Commissioner of Insurance?
    Difficulty 1/5CO specific
  43. 143.A Colorado small employer asks the producer how much commission the producer will earn on the group health …
    Difficulty 2/5CO specific
  44. 144.Under C.R.S. § 10-2-702, which arrangement is a permitted exception to the ban on paying commissions or oth…
    Difficulty 3/5CO specific
  45. 145.Under C.R.S. § 10-2-704, premiums collected by a Colorado producer are held in a fiduciary capacity, which …
    Difficulty 1/5CO specific
  46. 146.A Boulder producer dies, and her family needs someone to service the agency's pending life policies while t…
    Difficulty 1/5CO specific
  47. 147.Under Colorado's unfair-discrimination rules for LIFE insurance, rates and benefits may differ between two …
    Difficulty 1/5CO specific
  48. 148.Under Colorado utilization review rules, the review criteria applied by a carrier's utilization review prog…
    Difficulty 1/5CO specific
  49. 149.A labor union in Aurora sponsors group life coverage for its members. Under Colorado group life law, which …
    Difficulty 1/5CO specific
  50. 150.A Colorado producer finished extra approved continuing-education courses and wants to apply the surplus to …
    Difficulty 3/5CO specific