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Colorado Insurance Regulations Practice Questions — Page 6 of 9

450 free Colorado-specific insurance regulation questions for the Colorado Life & Health exam — page 6.

  1. 251.A variable life policy delivered in Aurora is returned by the policyholder during the 15-day free-look peri…
    Difficulty 3/5CO specific
  2. 252.A producer in Denver is replacing a client's existing life policy with a new one. Under Colorado Insurance …
    Difficulty 2/5CO specific
  3. 253.A consumer asks a Colorado insurer to turn over a copy of its insurance anti-fraud plan. Under C.R.S. § 10-…
    Difficulty 1/5CO specific
  4. 254.An insurer in Boulder continues the very conduct that an existing cease and desist order prohibits. Under C…
    Difficulty 2/5CO specific
  5. 255.After a hearing under C.R.S. § 10-3-1107, the Colorado Commissioner of Insurance finds that a producer comm…
    Difficulty 1/5CO specific
  6. 256.Under Colorado's insurance fraud statute, what must every licensed insurer maintain to combat insurance fraud?
    Difficulty 1/5CO specific
  7. 257.Under C.R.S. § 10-1-128, which of the following must a Colorado insurer's anti-fraud plan provide for?
    Difficulty 2/5CO specific
  8. 258.A Colorado policyholder receives her Medicare supplement policy and decides it does not fit her needs. With…
    Difficulty 1/5CO specific
  9. 259.Under Colorado law, how many hours of approved prelicensing education must an applicant for a life insuranc…
    Difficulty 1/5CO specific
  10. 260.A Colorado carrier leaves a clean claim unpaid past the 90-calendar-day deadline and resolves it on the 91s…
    Difficulty 3/5CO specific
  11. 261.Denver producer Marisol Vega is recommending that a client replace an existing life policy with a new one. …
    Difficulty 2/5CO specific
  12. 262.A Colorado leasing company supplies employees to several client employers and arranges group health coverag…
    Difficulty 3/5CO specific
  13. 263.A licensee ignores a Division of Insurance inquiry and never responds. Under Colorado Insurance Regulation …
    Difficulty 1/5CO specific
  14. 264.A Denver insurer issues a new individual life policy. Under C.R.S. § 10-7-302(1)(g), what notice must appea…
    Difficulty 2/5CO specific
  15. 265.Which of the following activities related to policy comparisons is permitted under Colorado's misrepresenta…
    Difficulty 3/5CO specific
  16. 266.Which action by a Colorado insurer is a prohibited unfair discrimination under C.R.S. § 10-3-1104(1)(f)?
    Difficulty 3/5CO specific
  17. 267.A Colorado producer writes coverage mostly on her own business and family. Under C.R.S. § 10-2-401(4), her …
    Difficulty 2/5CO specific
  18. 268.A Colorado insurer receives a sickness and accident claim but never acknowledges the policyholder's communi…
    Difficulty 2/5CO specific
  19. 269.Under Colorado law, including C.R.S. § 10-16-105.6 and Colorado Insurance Regulation 4-6-10, health coverag…
    Difficulty 2/5CO specific
  20. 270.Under Colorado's insurance fraud provisions, C.R.S. §§ 10-1-128 and 10-1-129, a person who reports suspecte…
    Difficulty 2/5CO specific
  21. 271.An Aurora agency pays a monthly bonus to an unlicensed marketing assistant who solicited several new life a…
    Difficulty 2/5CO specific
  22. 272.A policy delivered in Colorado Springs requires monthly premium payments. The insurer fails to mail any not…
    Difficulty 3/5CO specific
  23. 273.Which Colorado Division of Insurance regulation addresses hospice care coverage standards that work alongsi…
    Difficulty 1/5CO specific
  24. 274.Which practice does C.R.S. § 10-2-704 prohibit for a Colorado producer who holds premium funds?
    Difficulty 1/5CO specific
  25. 275.A Boulder health insurer denies coverage solely because the applicant is blind, and no actuarial justificat…
    Difficulty 2/5CO specific
  26. 276.A prelicensing student in Boulder is about to sit for the final exam of her Colorado life prelicensing cour…
    Difficulty 2/5CO specific
  27. 277.A Colorado insurer prints a new batch of claim forms in Denver but omits the statutory fraud warning. Under…
    Difficulty 2/5CO specific
  28. 278.Which of the following best describes "controlled business" under C.R.S. § 10-2-401(4)?
    Difficulty 1/5CO specific
  29. 279.Under C.R.S. § 10-16-104(1), a Colorado sickness and accident policy that covers maternity may not limit a …
    Difficulty 1/5CO specific
  30. 280.Before recommending that a client exchange an existing annuity, a Colorado producer must take which step un…
    Difficulty 2/5CO specific
  31. 281.A producer urges an Aurora client to drop an individual whole life policy and join his employer's group lif…
    Difficulty 3/5CO specific
  32. 282.After a hearing reveals that a Colorado producer knowingly violated part 11, the Commissioner of Insurance …
    Difficulty 3/5CO specific
  33. 283.A Colorado small-group carrier proposes a higher renewal rate for a Boulder employer specifically because t…
    Difficulty 3/5CO specific
  34. 284.A person in Colorado Springs solicits and sells insurance policies to the public while holding no insurance…
    Difficulty 3/5CO specific
  35. 285.After a hearing, a Colorado producer is found to have committed an unfair method of competition. Under C.R.…
    Difficulty 1/5CO specific
  36. 286.A Colorado life producer dies and the family wants the agency's business continued without interruption. Un…
    Difficulty 1/5CO specific
  37. 287.Which payment is permitted under C.R.S. § 10-2-702 even though the recipient is not an actively licensed pr…
    Difficulty 3/5CO specific
  38. 288.An insurance company circulates a false statement about a competing insurer's financial condition. In addit…
    Difficulty 3/5CO specific
  39. 289.Producer Marcelle Duane in Boulder tells a client that her current life policy is 'worthless' and urges her…
    Difficulty 2/5CO specific
  40. 290.A producer in Aurora receives an Examination Request/Comment Form from the Colorado Division of Insurance d…
    Difficulty 2/5CO specific
  41. 291.An individual disability income policy is issued in Aurora. Under C.R.S. § 10-16-202, losses commencing wit…
    Difficulty 3/5CO specific
  42. 292.A producer offers to return part of the first-year premium to an applicant as an inducement to purchase a p…
    Difficulty 1/5CO specific
  43. 293.Under C.R.S. § 10-2-401(3)(b), which activity is exempt from Colorado producer licensing requirements?
    Difficulty 1/5CO specific
  44. 294.A producer in Colorado Springs intentionally overstates a policy's cash-value growth and omits required dis…
    Difficulty 2/5CO specific
  45. 295.A beneficiary in Colorado Springs notifies the insurer in writing that she elects to receive the death bene…
    Difficulty 2/5CO specific
  46. 296.Under C.R.S. § 10-1-128, where must the statutory insurance fraud warning appear?
    Difficulty 1/5CO specific
  47. 297.A Colorado sickness and accident policy contains an exclusion for a benefit that Colorado law requires poli…
    Difficulty 2/5CO specific
  48. 298.A dispute arises between an insured in Aurora and her insurer over a denied claim. The producer who solicit…
    Difficulty 2/5CO specific
  49. 299.An insured who does NOT receive a federal subsidy lets premiums lapse on a Colorado health benefit plan iss…
    Difficulty 1/5CO specific
  50. 300.The marketing departments of two Denver insurers exchange false statements about each other's financial con…
    Difficulty 3/5CO specific