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Part 1 - General
§ 10-7-101. Valuation of Life Policies - Source: L. 13: p. 349, § 41. L. 15: p....
§ 10-7-102. Life Insurance Policies - Requirements - THIS POLICY DOES NOT GUARANTEE THAT ITS PROCEEDS WILL BE...
§ 10-7-103. Life Insurance Policies - Prohibition - Source: L. 13: p. 351, § 44. C.L. § 2517....
§ 10-7-104. Exceptions - The provisions of sections 10-7-102 and 10-7-103 shall not apply...
§ 10-7-105. Violation - The certificate of authority of any foreign or domestic life...
§ 10-7-105.5. Lapse of Life Insurance Policy - Notice - Affidavit of Mailing or Electronic Transmission - Legislative Declaration - Source: L. 2014: Entire section added, (HB 14-1082), ch. 80,...
§ 10-7-106. Exclusive Right of Insured in Proceeds - Whenever, under the terms of any annuity or policy of...
§ 10-7-107. Nonforfeiture Benefits - Applicability - Source: L. 13: p. 353, § 50. C.L. § 2523....
§ 10-7-108. Regulating Vouchers for Disbursements - No domestic life insurance company shall make any disbursement unless...
§ 10-7-109. Suicide No Defense for Nonpayment - The suicide of a policyholder after the first policy year...
§ 10-7-112. Interest Payable on Benefits or Proceeds - Source: L. 83: Entire section added, p. 459, § 1,...
§ 10-7-113. Acceleration of Benefits - Source: L. 89: Entire section added, p. 449, § 5,...
§ 10-7-114. Actuarial Opinion of Reserves - Definition - Rules - (1.1) Definition. For purposes of subsection (1) of this section,...
§ 10-7-115. Insurable Interest - 170 (C) Organizations - Notwithstanding any other provision of law, any organization that meets...
§ 10-7-116. Military Sales - Rules - The commissioner shall promulgate rules, consistent with federal law, to...
Part 2 - Group Life Insurance
§ 10-7-201. Group Life Insurance - Source: L. 19: p. 441, § 1. C.L. § 2594....
§ 10-7-202. Policy Provisions - Source: L. 19: p. 441, § 2. C.L. § 2595....
§ 10-7-203. Employer Defined - The term "employer" as used in sections 10-7-201 and 10-7-202...
§ 10-7-204. Reciprocal Provisions - Policies of group insurance, when issued in this state by...
§ 10-7-205. Exemption From Execution - No policy of group insurance, nor the proceeds thereof, when...
§ 10-7-206. Issuance and Valuation of Policies - Annual Statement - Source: L. 19: p. 444, § 5. C.L. § 2598....
§ 10-7-207. Assignment - Nothing in this title or in any other law shall...
Part 3 - Standard Nonforfeiture and Valuation Act
§ 10-7-301. Short Title - This part 3 shall be known and may be cited...
§ 10-7-301.5. Definitions - As used in this part 3, unless the context otherwise...
§ 10-7-302. Compulsory Policy Provisions - Source: L. 61: p. 460, § 2. CRS 53: §...
§ 10-7-303. Computation of Cash Surrender Value - Source: L. 61: p. 461, § 3. CRS 53: §...
§ 10-7-304. Computation of Nonforfeiture Benefit - Any paid-up nonforfeiture benefit available under the policy in the...
§ 10-7-305. Adjusted Premiums - Source: L. 61: p. 462, § 5. CRS 53: §...
§ 10-7-305.1. Adjusted Premiums for New Policies - Source: L. 81: Entire section added, p. 544, § 4,...
§ 10-7-305.2. Future Premium Determination - Standards - Source: L. 81: Entire section added, p. 547, § 5,...
§ 10-7-306. Calculation of Values - Supplemental Rules - Source: L. 61: p. 464, § 6. CRS 53: §...
§ 10-7-306.1. Calculation of Values - New Policies - Source: L. 81: Entire section added, p. 548, § 7,...
§ 10-7-307. Exemptions - Source: L. 61: p. 464, § 7. CRS 53: §...
§ 10-7-308. Waiver Prohibited - No agreement between the company and the policyholder or applicant...
§ 10-7-309. Minimum Standard of Valuation - Rules - Source: L. 61: p. 466, § 13. CRS 53: §...
§ 10-7-309.5. Minimum Standards of Valuation for New Policies - Definition - I = .03 + W (R1 - .03) + W/2...
§ 10-7-310. Life and Endowment Reserves - (1.5) For any life insurance policy issued on or after...
§ 10-7-310.5. Individual Annuity and Pure Endowment Reserves - Source: L. 77: Entire section added, p. 526, § 6,...
§ 10-7-311. Minimum Aggregate Reserves - Source: L. 61: p. 468, § 15. CRS 53: §...
§ 10-7-312. Optional Standards - Source: L. 61: p. 468, § 16. CRS 53: §...
§ 10-7-313. Minimum Reserves - Source: L. 61: p. 469, § 17. CRS 53: §...
§ 10-7-313.1. Minimum Reserves - Exceptions - Source: L. 2015: Entire section added, (HB 15-1048), ch. 63,...
§ 10-7-313.2. Minimum Standards for Other Coverages Including Accident and Health Insurance Contracts - Rules - The commissioner may promulgate rules prescribing minimum standards applicable to...
§ 10-7-313.3. Valuation Manual for Policies Issued on or After the Operative Date of the Valuation Manual - Rules - Source: L. 2015: Entire section added, (HB 15-1048), ch. 63,...
§ 10-7-313.4. Requirements of a Principle-Based Valuation - Source: L. 2015: Entire section added, (HB 15-1048), ch. 63,...
§ 10-7-313.6. Experience Reporting for Policies in Force on or After the Operative Date of the Valuation Manual - A company shall submit mortality, morbidity, policyholder behavior, or expense...
§ 10-7-313.8. Confidentiality - Definitions - Source: L. 2015: Entire section added, (HB 15-1048), ch. 63,...
§ 10-7-313.9. Single State Exemption - Source: L. 2015: Entire section added, (HB 15-1048), ch. 63,...
§ 10-7-314. Automatic Premium Loans - Nothing in this part 3 shall be construed to prohibit...
§ 10-7-315. Operative Date - At any time after April 11, 1961, and before January...
§ 10-7-316. Effect on Existing Policies - Nothing in this part 3 shall be construed as affecting...
Part 4 - Variable Contracts
§ 10-7-401. Sales Not Prohibited - The provisions of section 10-3-1104 shall not prohibit the sale...
§ 10-7-402. Investment Contract Funds - Separate Accounts - Source: L. 71: p. 712, § 1. C.R.S. 1963: §...
§ 10-7-403. Where Benefits Are Payable in Variable Amounts - Any contract providing benefits payable in variable amounts, delivered or...
§ 10-7-404. Authority to Issue Variable Contracts - Source: L. 71: p. 713, § 1. C.R.S. 1963: §...
§ 10-7-405. Construction - Source: L. 71: p. 714, § 1. C.R.S. 1963: §...
Part 5 - Standard Nonforfeiture Law for Individual Deferred Annuities
§ 10-7-501. Short Title - This part 5 shall be known and may be cited...
§ 10-7-502. Exemptions - This part 5 shall not apply to any reinsurance, group...
§ 10-7-503. Compulsory Contract Provisions - Source: L. 77: Entire part added, p. 528, § 11,...
§ 10-7-504. Minimum Nonforfeiture Amounts - Rules - Source: L. 77: Entire part added, p. 529, § 11,...
§ 10-7-505. Computation of Annuity Benefit - Any paid-up annuity benefit available under a contract shall be...
§ 10-7-506. Computation of Cash Surrender Benefit - For contracts which provide cash surrender benefits, such cash surrender...
§ 10-7-507. Computation of Paid-Up Annuity Nonforfeiture Benefit - Source: L. 77: Entire part added, p. 530, § 11,...
§ 10-7-508. Determination of Maturity Date - For the purpose of determining the benefits calculated under sections...
§ 10-7-509. Calculations of Values - Supplemental Rules - Source: L. 77: Entire part added, p. 531, § 11,...
§ 10-7-510. Effective Date - Applicability of Part - On or after July 1, 2004, a company may elect...
§ 10-7-511. Rule-Making Authority - The commissioner may adopt rules to implement this part 5....
Part 6 - Viatical Settlements
§ 10-7-601. Short Title - This part 6 shall be known and may be cited...
§ 10-7-602. Definitions - As used in this part 6, unless the context otherwise...
§ 10-7-603. Licensing - Source: L. 2005: Entire part added, p. 1298, § 1,...
§ 10-7-604. Licensure - Refusal to Issue - Suspension - Revocation - Refusal to Renew - Source: L. 2005: Entire part added, p. 1300, § 1,...
§ 10-7-605. Forms Approval - A person may not use a viatical settlement contract or...
§ 10-7-606. Annual Reports - Source: L. 2005: Entire part added, p. 1301, § 1,...
§ 10-7-607. Examinations - Source: L. 2005: Entire part added, p. 1302, § 1,...
§ 10-7-608. Disclosures - Source: L. 2005: Entire part added, p. 1309, § 1,...
§ 10-7-609. General Requirements - Source: L. 2005: Entire part added, p. 1311, § 1,...
§ 10-7-610. Limited Purchase in Incontestability Period - Source: L. 2005: Entire part added, p. 1313, § 1,...
§ 10-7-611. Advertising - Legislative Intent - Source: L. 2005: Entire part added, p. 1314, § 1,...
§ 10-7-612. Fraudulent Acts - Source: L. 2005: Entire part added, p. 1317, § 1,...
§ 10-7-613. Penalties - Source: L. 2005: Entire part added, p. 1320, § 1,...
§ 10-7-614. Unfair Trade Practices - A violation of this part 6 shall constitute an unfair...
§ 10-7-615. Rules - Source: L. 2005: Entire part added, p. 1322, § 1,...
§ 10-7-616. No Preemption - Colorado Securities Act - Authority of Division of Securities - Nothing in this part 6 preempts or otherwise limits the...
§ 10-7-617. Application - A viatical settlement provider lawfully transacting business in this state...
§ 10-7-618. Continuation of Business - Notwithstanding any provision of this part 6 to the contrary,...
§ 10-7-619. Viatical Settlements Cash Fund - Created - All direct and indirect expenditures of the commissioner and the...
§ 10-7-620. Severability - If any provision of this part 6 is for any...
Part 7 - Insurable Interest Act
§ 10-7-701. Short Title - This part 7 shall be known and may be cited...
§ 10-7-702. Definitions - As used in this part 7, unless the context otherwise...
§ 10-7-703. Insurance on the Life of Another - A person shall not procure or cause to be procured...
§ 10-7-704. Insurable Interest - Source: L. 2011: Entire part added, (SB 11-182), ch. 227,...
§ 10-7-705. Insured's Own Life - An individual has an insurable interest in the individual's own...
§ 10-7-706. Reliance on Statements - An insurer is entitled to rely upon all reasonable statements,...
§ 10-7-707. Consent of Insured - Source: L. 2011: Entire part added, (SB 11-182), ch. 227,...
§ 10-7-708. Prohibited Practices - Source: L. 2011: Entire part added, (SB 11-182), ch. 227,...
§ 10-7-709. Actions to Recover Death Benefits - If the beneficiary, assignee, or other payee received the death...
§ 10-7-710. Legitimate Insurance Transactions - Source: L. 2011: Entire part added, (SB 11-182), ch. 227,...
Part 8 - Unclaimed Life Insurance Benefits Act
§ 10-7-801. Short Title - The short title of this part 8 is the "Unclaimed...
§ 10-7-802. Definitions - As used in this part 8, unless the context otherwise...
§ 10-7-803. Insurers - Duty to Compare Names of Insureds With Death Master File and to Locate Beneficiaries - Source: L. 2019: Entire part added, (SB 19-088), ch. 110,...