1|Page
Colorado Life and Health Insurance Test 2025
Questions And Correct Answers/ Colorado Life And
Health Insurance License Exam 2025 With 300 Real
Exam Prep Questions And Correct Verified Answers
(Brand New!)
Return of premium - ...ANSWER...✓✓The life insurance
rider that pays the face amount plus the total premiums
paid into the policy is known as:
Foreign or alien - ...ANSWER...✓✓What kind of company
can the Commissioner file a complaint to enjoin and
restrain from continuing violations of the insurance
regulations of Colorado?
Yes, the interest can be paid annually, or added to the
loan. - ...ANSWER...✓✓Does a loan on the cash value of a
life insurance policy accrue interest, and if so, how is the
interest handled?
Needs - ...ANSWER...✓✓What approach calculates the
amount of money a family needs immediately upon the
death of the insured to pay for their expenses and basic
necessities?
,2|Page
A 41 year old lawyer who wants a policy to pay his
mortgage if he dies (decreasing term life generally is
used as mortgage insurance) - ...ANSWER...✓✓A
decreasing term life policy would be the most appropriate
for:
30 days - ...ANSWER...✓✓A producer or business entity
shall report to the Commissioner any administrative
action taken against the producer within:
Assignment - ...ANSWER...✓✓Richard is thinking about
transferring some of the ownership rights of his policy to
his brother Randy. What term is used for this type of
transfer?
Term policy - ...ANSWER...✓✓Jeff has limited financial
resources, but finds himself in a position where he needs
a good deal of protection. A __________would probably best
suit his needs at this time.
November 7 - ...ANSWER...✓✓On November 5, Zoe fills
out an application for a life policy. On November 6, the
agent accepts the premium for the policy. The policy is
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delivered on November 7. Which date does the Free Look
period start?
24 hours - ...ANSWER...✓✓Insurance producers must
complete how many hours of continuing education each
licensing period?
Risk classification - ...ANSWER...✓✓Jacob, James and
Jonathan are triplets, and all applied for the same type of
insurance coverage at the same time. For James and
Jonathan the rates were the same. Jacob's rate was quite
a bit higher. What is the most likely reason for this
difference?
Variable annuity - ...ANSWER...✓✓If the cash values of an
annuity are invested in securities, it is a:
Defamation - ...ANSWER...✓✓If an agent were to publish
literature that is false or maliciously critical of another
insurer calculated to injure a person engaged in the
business of insurance, the agent would be committing:
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Other agents - ...ANSWER...✓✓An agent has a fiduciary
responsibility to all the following, EXCEPT:
Cash surrender - ...ANSWER...✓✓Alex's life policy lapsed,
which Nonforfeiture option would the insurer send him
the value of the policy?
Variable universal life - ...ANSWER...✓✓Investment risk is
completely taken by the policyowner is what type policy?
The value of nonforfeiture options may decrease. -
...ANSWER...✓✓Jennifer made an additional premium
payment on her Adjustable Life policy. Which of the
following is not a way that her policy is affected by this
payment?
Contributory - ...ANSWER...✓✓What type group plan
requires 75% participation?
Primary - ...ANSWER...✓✓If more than one beneficiary is
named, who is the first in line?
Colorado Life and Health Insurance Test 2025
Questions And Correct Answers/ Colorado Life And
Health Insurance License Exam 2025 With 300 Real
Exam Prep Questions And Correct Verified Answers
(Brand New!)
Return of premium - ...ANSWER...✓✓The life insurance
rider that pays the face amount plus the total premiums
paid into the policy is known as:
Foreign or alien - ...ANSWER...✓✓What kind of company
can the Commissioner file a complaint to enjoin and
restrain from continuing violations of the insurance
regulations of Colorado?
Yes, the interest can be paid annually, or added to the
loan. - ...ANSWER...✓✓Does a loan on the cash value of a
life insurance policy accrue interest, and if so, how is the
interest handled?
Needs - ...ANSWER...✓✓What approach calculates the
amount of money a family needs immediately upon the
death of the insured to pay for their expenses and basic
necessities?
,2|Page
A 41 year old lawyer who wants a policy to pay his
mortgage if he dies (decreasing term life generally is
used as mortgage insurance) - ...ANSWER...✓✓A
decreasing term life policy would be the most appropriate
for:
30 days - ...ANSWER...✓✓A producer or business entity
shall report to the Commissioner any administrative
action taken against the producer within:
Assignment - ...ANSWER...✓✓Richard is thinking about
transferring some of the ownership rights of his policy to
his brother Randy. What term is used for this type of
transfer?
Term policy - ...ANSWER...✓✓Jeff has limited financial
resources, but finds himself in a position where he needs
a good deal of protection. A __________would probably best
suit his needs at this time.
November 7 - ...ANSWER...✓✓On November 5, Zoe fills
out an application for a life policy. On November 6, the
agent accepts the premium for the policy. The policy is
,3|Page
delivered on November 7. Which date does the Free Look
period start?
24 hours - ...ANSWER...✓✓Insurance producers must
complete how many hours of continuing education each
licensing period?
Risk classification - ...ANSWER...✓✓Jacob, James and
Jonathan are triplets, and all applied for the same type of
insurance coverage at the same time. For James and
Jonathan the rates were the same. Jacob's rate was quite
a bit higher. What is the most likely reason for this
difference?
Variable annuity - ...ANSWER...✓✓If the cash values of an
annuity are invested in securities, it is a:
Defamation - ...ANSWER...✓✓If an agent were to publish
literature that is false or maliciously critical of another
insurer calculated to injure a person engaged in the
business of insurance, the agent would be committing:
, 4|Page
Other agents - ...ANSWER...✓✓An agent has a fiduciary
responsibility to all the following, EXCEPT:
Cash surrender - ...ANSWER...✓✓Alex's life policy lapsed,
which Nonforfeiture option would the insurer send him
the value of the policy?
Variable universal life - ...ANSWER...✓✓Investment risk is
completely taken by the policyowner is what type policy?
The value of nonforfeiture options may decrease. -
...ANSWER...✓✓Jennifer made an additional premium
payment on her Adjustable Life policy. Which of the
following is not a way that her policy is affected by this
payment?
Contributory - ...ANSWER...✓✓What type group plan
requires 75% participation?
Primary - ...ANSWER...✓✓If more than one beneficiary is
named, who is the first in line?
