100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
COLORADO LIFE & HEALTH INSURANCE STATE LAW SUPPLEMENT PRACTICE EXAM QUESTIONS WITH [A GRADED] ANSWERS £10.85
Add to cart
Quickly navigate to
Preview
  2.  
  3. COLORADO LIFE INSURANCE
  4.  
  5. COLORADO LIFE INSURANCE

Exam (elaborations)

COLORADO LIFE & HEALTH INSURANCE STATE LAW SUPPLEMENT PRACTICE EXAM QUESTIONS WITH [A GRADED] ANSWERS
 0 view  0 purchase
  • Module
  • COLORADO LIFE INSURANCE
  • Institution
  • COLORADO LIFE INSURANCE

COLORADO LIFE & HEALTH INSURANCE STATE LAW SUPPLEMENT PRACTICE EXAM QUESTIONS WITH [A GRADED] ANSWERS

Preview 2 out of 6  pages

Document information

  • January 8, 2025
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • colorado life health insurance state law supplem

Written for

  • COLORADO LIFE INSURANCE
  • COLORADO LIFE INSURANCE

Seller

avatar-seller
CLASSROOMGRADE

Content preview

COLORADO LIFE & HEALTH
INSURANCE STATE LAW SUPPLEMENT
PRACTICE EXAM QUESTIONS WITH [A
GRADED] ANSWERS
What bvis bvthe bvmaximum bvamount bvthe bvcommissioner bvcan bvfine bvan bvinsurer bvfor
bveach bvviolation bvof bva bvcease-and-desist bvorder? bv- bvANS--$10,000


When bvappropriate bvthe bvcommissioner bvreports bva bvviolation bvof bvinsurance bvlaw
bvto bv- bvANS--The bvdistrict bvattorney


A bvcompany bvthat bvhas bvnot bvbeen bvauthorized bvto bvoperate bvin bvColorado bvis
bvknown bvas bv- bvANS--A bvnonadmitted bvinsurer


An bvinsurer bvthat bvterminates bvthe bvproducers bvappointment bvmust bvinform bvthe
bvcommissioner bvwithin bvhow bvmany bvdays? bv- bvANS--30


All bvof bvthe bvfollowing bvare bvduties bvof bvthe bvcommissioner bvexcept: bva. bvkeeping
bvrecords bvof bvthe bvinsurers bvthat bvhe bvhas bvexamined bvb. bvadopting bvrules bvand
bvregulations bvc. bvwriting bvinsurance bvlaws bvd. bvsubmitting bvan bvannual bvreport bvto
bvthe bvGeneral bvassembly bv- bvANS--See. bvWriting bvinsurance bvlaws


When bvan bvinsurer bvterminates bva bvproducer's bvappointment, bvthe bvinsurer bvmust
bvnotify bv- bvANS--The bvcommissioner bvand bvproducer


An bvinsurance bvproducer bvwho bvsolicits bvinsurance bvon bvbehalf bvof bvan bvinsurer
bvrepresents bvthe bv- bvANS--Insurer


The bvcommissioner bvmay... bv- bvANS--Conduct bvinvestigations bvand bvsubpoena
bvwitnesses bvwhenever bvhe bvdeems bvit bvnecessary


The bvcommissioner bvgives bvapproval bvto bvan bvinsurer bvto bvdo bvbusiness bvin
bvColorado bvin bva bvcertificate bvof bv- bvANS--Authority


In bvColorado bvall bvof bvthe bvfollowing bvare bvconsidered bvunfair bvtrade bvpractices
bvexcept: bva. bvMisrepresentation bvb. bvRebating bvc.. bvReplacement bvD. bvCoercion bv-
bvANS--C. bvReplacement


All bvof bvthe bvfollowing bvare bvviolations bvof bvColorado bvinsurance bvlaw bvexcept: bva.
bvCharging bvindividuals bvof bvthe bvsame bvclass bvdifferent bvpremium bvrates bvb.
bvOffering bvtickets bvto bva bvfootball bvgame bvas bvan bvincentive bvto bvpurchase bva

, bvpolicy bvc. bvIn bvforming bva bvnew bvpolicy bvholder bvthat bvhis bvnew bvpolicy, bvif bvlapsed
bvfor bvnonpayment bvof bvpremium, bvcould bvbe bvreinstated bvupon bvreapplication bvd.
bvHaving bvan bvarrangement bvto bvsell bvstock bvto bva bvperson bvcontingent bvupon bvthe
bvpurchase bvof bvan bvannuity bv- bvANS--C. bvIn bvforming bva bvnew bvpolicy bvholder bvthat
bvhis bvnew bvpolicy, bvif bvlapsed bvfor bvnonpayment bvof bvpremium, bvcould bvbe
bvreinstated bvupon bvreapplication


All bvof bvthe bvfollowing bvinsurance bvpractices bvare bvillegal bvin bvColorado bvexcept: bvA.
bvSoliciting bvor bvprocuring bvinsurance bvwithout bva bvlicense bvB. bvPaying bva bvfee bvfor
bvservices bvas bvan bvinsurance bvproducer bvto bvanyone bvwho bvis bvnot bvproperly
bvlicensed bvC. bvInquiring bvabout bvan bvapplicant bvsexual bvorientation bvin bvconnection
bvwith bvan bvapplication bvD. bvReplacing bvone bvlife bvinsurance bvpolicy bvwith bvanother bv-
bvANS--D. bvReplacing bvone bvlife bvinsurance bvpolicy bvwith bvanother


How bvmany bvhours bvof bvcontinuing bveducation bvmust bvbe bvin bvcourses bvassociated
bvwith bvthe bvlines bvof bvinsurance bvfor bvwhich bvthe bvproducer bvis bvlicensed? bv- bvANS--
18

All bvof bvthe bvfollowing bvare bvexamples bvof bvunfair bvclaims bvsettlement bvpractices
bvexcept: bvA. bvPaying bvthe bvclaim bvwithout bvconducting bvan bvinvestigation bvB.
bvDenying bva bvclaim bvpromptly bvbut bvwithout bvexplaining bvthe bvcoverage bvor bvlaws
bvon bvwhich bvthe bvdenial bvis bvbased bvC. bvPaying bva bvclaim bvpromptly bvbut bvwithout
bvexplaining bvthe bvcoverage bvor bvlaws bvon bvwhich bvthe bvpayment bvis bvbased bvD.
bvDenying bvthe bvclaim bvwithout bvmaking bvan bvinvestigation bv- bvANS--A. bvPaying bva
bvclaim bvwithout bvconducting bvan bvinvestigation


A bvproducer bvhas bvhow bvmany bvdays bvto bvfile bva bvwritten bvappeal bvto bvthe
bvcommissioner bvafter bvhe bvhas bvbeen bvterminated bvby bvhis bvappointing bvinsurer? bv-
bvANS--30


A bvfraternal bvbenefit bvsociety bvrepresentative bvneed bvnot bvbe bvlicensed bvas bva
bvproducer bvif bvhe bvsells bvlife bvinsurance bvwith bvthe bvface bvamount bvequal bvto bvor
bvless bvthan: bv- bvANS--50,000


To bvbe bvlicensed bvto bvsell bvlife, bvaccident bvand bvhealth bvinsurance bvin bvColorado,
bvand bvapplicant bvmust bvcomplete: bv- bvANS--100 bvhours bvof bvpre-licensing bveducation


A bvfiduciary bvresponsibility bvis bvdefined bvas: bv- bvANS--A bvrelationship bvof bvspecial
bvtrust bvand bvconfidence bvwhen bva bvperson bvis bventrusted bvwith bvanother's bvfunds


A bvproducer bvwho bvhas bvto bvwrite bva bvmajority bvof bvhis bvinsurance bvbusiness bvon
bvthe bvemployees bvand bvofficers bvof bva bvrestaurant bvowned bvby bvhis bvwife bvis
bvtransacting: bv- bvANS--Controlled bvbusiness

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller CLASSROOMGRADE. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £10.85. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

50990 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling
£10.85
  • (0)
Add to cart
Added