Title 10, Insurance
0 chapters · 1,354 sections in this title.
Colo. Rev. Stat. § 10-7-710 Legitimate insurance transactions
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(1) Except where a life insurance policy is procured or effected in violation of section 10-7-708, nothing in this article prevents: (a) An owner of a policy, whether or not the owner of the policy is also the subject of the insurance, from entering into a viatical settlement con…
Colo. Rev. Stat. § 10-7-801 Short title
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The short title of this part 8 is the Unclaimed Life Insurance Benefits Act. Source: L. 2019: Entire part added, (SB 19-088), ch. 110, p. 463, � 4, effective July 1, 2020.
Colo. Rev. Stat. § 10-7-802 Definitions
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As used in this part 8, unless the context otherwise requires: (1) Contract means an annuity contract. The term does not include an annuity used to fund an employment-based retirement plan or program if: (a) The insurer does not perform the record-keeping services; or (b) The ins…
Colo. Rev. Stat. § 10-7-803 Insurers - duty to compare names of insureds with death master file and to locate beneficiaries
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(1) An insurer shall make a good faith effort to determine the death of an insured upon receipt of knowledge of death. (2) An insurer shall perform a comparison of its insureds’ in-force policies, contracts, and retained asset accounts against a death master file, on at least a s…