State RegulationsCO specificDifficulty 1/5
A Colorado producer wants to begin selling long-term care insurance. Before selling LTC coverage, how many LTC course credits must the producer complete in total, and how many of those must be LTC-partnership specific?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Under the Colorado Division of Insurance's producer licensing requirements, a producer must complete 16 LTC course credits before selling long-term care insurance, and 8 of those credits must be LTC-partnership specific classroom credits. The training must be in place before any LTC sale, so a producer who skips it cannot lawfully market LTC products.
Why the other options are wrong
- B) Both figures are half the required amounts; the initial requirement is 16 credits with 8 of them partnership-specific.
- C) 24 exceeds the required 16 total credits, and the partnership-specific figure is 8, not 3.
- D) 5 is the ongoing classroom-credit figure for later periods, not the initial pre-sale requirement, and the initial total is 16.
Memory hook
Before LTC: 16 to start, 8 of them partnership.