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Colorado Insurance Regulations Practice Questions — Page 4 of 9

450 free Colorado-specific insurance regulation questions for the Colorado Life & Health exam — page 4.

  1. 151.A Colorado employer is counting workers for small-group eligibility purposes under the rules administered b…
    Difficulty 2/5CO specific
  2. 152.Which underwriting inquiry by a Colorado accident and health insurer is prohibited under C.R.S. § 10-3-1104…
    Difficulty 2/5CO specific
  3. 153.A Boulder resident's individual health policy covers diabetes equipment and supplies but denies her outpati…
    Difficulty 3/5CO specific
  4. 154.Under Colorado's insurable interest provisions (C.R.S. § 10-7-701 through 710), at what point must an insur…
    Difficulty 1/5CO specific
  5. 155.A business owner in Aurora asks licensed producer Ryan Tallow to place its employee benefit plan with an in…
    Difficulty 2/5CO specific
  6. 156.A group health policy delivered in Denver covers the insured's dependents. Under C.R.S. § 10-16-104(1), whe…
    Difficulty 1/5CO specific
  7. 157.A Colorado Division of Insurance hearing establishes that an insurer knew, or reasonably should have known,…
    Difficulty 3/5CO specific
  8. 158.A licensed Colorado producer moves her office from Boulder to Denver. Under C.R.S. § 10-2-412, what must sh…
    Difficulty 1/5CO specific
  9. 159.A Colorado producer dies and the insurer wants the producer's business serviced during the transition. Unde…
    Difficulty 2/5CO specific
  10. 160.Under C.R.S. § 10-2-702, which situation is an exception to the rule that commissions may be paid only to d…
    Difficulty 3/5CO specific
  11. 161.A Colorado producer rebates premium on numerous policies. After a hearing, the Commissioner finds a violati…
    Difficulty 3/5CO specific
  12. 162.After a hearing, the Commissioner finds that a Colorado insurer knowingly violated part 11. In addition to …
    Difficulty 2/5CO specific
  13. 163.A producer in Aurora tells a client that her current life policy is 'worthless and about to implode' so she…
    Difficulty 2/5CO specific
  14. 164.The Colorado Division of Insurance sends a producer an Examination Request/Comment Form as part of a market…
    Difficulty 1/5CO specific
  15. 165.Before an insurance company may transact the business of insurance in Colorado, what must it first obtain?
    Difficulty 1/5CO specific
  16. 166.A client in Boulder returns a reinstatement premium with a conditional receipt on an individual sickness an…
    Difficulty 3/5CO specific
  17. 167.An insurer continues the same deceptive advertising practice after the Colorado Commissioner of Insurance h…
    Difficulty 3/5CO specific
  18. 168.A producer in Denver describes a nonparticipating life policy as one that 'will pay a guaranteed annual div…
    Difficulty 1/5CO specific
  19. 169.A producer in Aurora is recommending a whole life policy to a prospective client. Consistent with the discl…
    Difficulty 2/5CO specific
  20. 170.A consumer files a written complaint with the Colorado Division of Insurance about the claim-handling pract…
    Difficulty 2/5CO specific
  21. 171.A business entity wants to act as an insurance agency in Colorado. What does the Colorado Division of Insur…
    Difficulty 2/5CO specific
  22. 172.The Colorado Division of Insurance sends a producer an Examination Request/Comment Form under its inquiry r…
    Difficulty 2/5CO specific
  23. 173.A Colorado life insurance policy with quarterly premium payments is about to lapse for nonpayment. Under C.…
    Difficulty 1/5CO specific
  24. 174.A producer in Colorado Springs completes a signed replacement statement for a client purchasing a new life …
    Difficulty 1/5CO specific
  25. 175.One insurance company publishes false and maliciously critical statements about another insurance company's…
    Difficulty 2/5CO specific
  26. 176.A producer in Boulder believes an insurer is engaging in unfair claim settlement practices against a client…
    Difficulty 3/5CO specific
  27. 177.A Colorado health claim is denied after a reasonable investigation, and the denial letter explains the basi…
    Difficulty 2/5CO specific
  28. 178.A Colorado insurer cancels a policy mid-term, creating an unearned premium. Under C.R.S. § 10-2-704(2), wit…
    Difficulty 2/5CO specific
  29. 179.After a hearing, the Colorado Commissioner of Insurance finds that a producer engaged in unfair methods of …
    Difficulty 2/5CO specific
  30. 180.A producer in Aurora discovers that premium she collected from an insured has been unaccounted for more tha…
    Difficulty 2/5CO specific
  31. 181.The Colorado Division of Insurance sends a licensee an Examination Request/Comment Form and, separately, a …
    Difficulty 1/5CO specific
  32. 182.A Colorado producer's Medicare supplement advertisement uses wording that suggests the product is endorsed …
    Difficulty 2/5CO specific
  33. 183.A Denver producer offers to rebate a portion of her first-year commission to any applicant who buys a life …
    Difficulty 2/5CO specific
  34. 184.An organizer in Aurora wants to buy group life insurance for a collection of individuals. Under Colorado gr…
    Difficulty 3/5CO specific
  35. 185.An Aurora producer promises every applicant who buys a policy this month a valuable flat-screen television,…
    Difficulty 2/5CO specific
  36. 186.An insured who receives a federal subsidy bought an individual health benefit plan in Colorado issued to be…
    Difficulty 2/5CO specific
  37. 187.A Colorado carrier requests additional information on a submitted claim and sends the required written expl…
    Difficulty 2/5CO specific
  38. 188.For sickness and accident insurance, Colorado's unfair-discrimination statute prohibits unequal treatment b…
    Difficulty 1/5CO specific
  39. 189.The owner of a variable life policy delivered in Colorado Springs returns the policy during the free-look p…
    Difficulty 3/5CO specific
  40. 190.A producer in Aurora falsely tells a client that her current life policy is worthless and urges her to let …
    Difficulty 2/5CO specific
  41. 191.A Boulder producer ends a 24-month continuing-education cycle with 18 credit hours beyond the 24-hour minim…
    Difficulty 3/5CO specific
  42. 192.A Colorado producer collects premium payments from insureds. The insurance contract specifies no premium du…
    Difficulty 1/5CO specific
  43. 193.A Denver applicant finishes her Colorado prelicensing course, which ends with a closed-book final exam moni…
    Difficulty 1/5CO specific
  44. 194.A Colorado resident who owns commercial property asks a licensed producer to obtain coverage from an insure…
    Difficulty 2/5CO specific
  45. 195.A small employer in Aurora meets a carrier's participation and premium-contribution requirements and applie…
    Difficulty 1/5CO specific
  46. 196.A fraternal benefit society wants its officers to place limited life coverage on members without triggering…
    Difficulty 1/5CO specific
  47. 197.A producer in Boulder offers a client a new television if she switches her health coverage to the producer'…
    Difficulty 2/5CO specific
  48. 198.A producer in Colorado Springs offers to rebate two months of the client's first-year premium as an inducem…
    Difficulty 2/5CO specific
  49. 199.Two Colorado insurers that compete for commercial accounts agree among themselves to stop doing business wi…
    Difficulty 2/5CO specific
  50. 200.Which statement correctly states the trigger standard for an unfair claim settlement practice violation und…
    Difficulty 3/5CO specific