Colorado Statues Rules and Regulations Life Insurance Flashcards
1
Q
“Existing policy or contract” means, for the purposes of this regulation, an individual life insurance policy (policy) or annuity contract (contract) in force, including a policy under a binding or conditional receipt or a policy or contract that is within an unconditional refund period.
A
Replacement Forms
2
Q
five years until the next regular examination by the Commissioner
A
Record keeping and Replacing
3
Q
An individual eligible for coverage is subject to such uniformly applied standards of insurability as may be imposed by the insurer.
A
Group Life
4
Q
The first two years
A
Suicide
5
Q
A