State RegulationsCO specificDifficulty 1/5
Which Colorado statute addresses the sales and marketing of life insurance and annuities?
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why D is correct
C.R.S. § 10-7-103 is the Colorado statute addressing the sales and marketing of life insurance and annuities, working alongside Colorado Division of Insurance regulations such as Reg. 1-2-18 and the Reg. 4-1 series. The other sections listed govern different life insurance subjects.
Why the other options are wrong
- A) C.R.S. § 10-7-109 is the suicide provision, not the sales and marketing statute.
- B) C.R.S. § 10-7-112 governs interest on proceeds.
- C) C.R.S. § 10-7-105.5 is the lapse notice requirement for individual life policies.
Memory hook
Sales and marketing = 10-7-103.