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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!)
What is the maximum amount the commissioner can fine
an insurer for each violation of a cease-and-desist order?
- ...ANSWER...✓✓$10,000
When appropriate the commissioner reports a violation of
insurance law to - ...ANSWER...✓✓The district attorney
A company that has not been authorized to operate in
Colorado is known as - ...ANSWER...✓✓A nonadmitted
insurer
An insurer that terminates the producers appointment
must inform the commissioner within how many days? -
...ANSWER...✓✓30
All of the following are duties of the commissioner
except: a. keeping records of the insurers that he has
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examined b. adopting rules and regulations c. writing
insurance laws d. submitting an annual report to the
General assembly - ...ANSWER...✓✓See. Writing
insurance laws
When an insurer terminates a producer's appointment,
the insurer must notify - ...ANSWER...✓✓The
commissioner and producer
An insurance producer who solicits insurance on behalf
of an insurer represents the - ...ANSWER...✓✓Insurer
The commissioner may... - ...ANSWER...✓✓Conduct
investigations and subpoena witnesses whenever he
deems it necessary
The commissioner gives approval to an insurer to do
business in Colorado in a certificate of -
...ANSWER...✓✓Authority
In Colorado all of the following are considered unfair
trade practices except: a. Misrepresentation b. Rebating
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c.. Replacement D. Coercion - ...ANSWER...✓✓C.
Replacement
All of the following are violations of Colorado insurance
law except: a. Charging individuals of the same class
different premium rates b. Offering tickets to a football
game as an incentive to purchase a policy c. In forming a
new policy holder that his new policy, if lapsed for
nonpayment of premium, could be reinstated upon
reapplication d. Having an arrangement to sell stock to a
person contingent upon the purchase of an annuity -
...ANSWER...✓✓C. In forming a new policy holder that his
new policy, if lapsed for nonpayment of premium, could
be reinstated upon reapplication
All of the following insurance practices are illegal in
Colorado except: A. Soliciting or procuring insurance
without a license B. Paying a fee for services as an
insurance producer to anyone who is not properly
licensed C. Inquiring about an applicant sexual orientation
in connection with an application D. Replacing one life
insurance policy with another - ...ANSWER...✓✓D.
Replacing one life insurance policy with another
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How many hours of continuing education must be in
courses associated with the lines of insurance for which
the producer is licensed? - ...ANSWER...✓✓18
All of the following are examples of unfair claims
settlement practices except: A. Paying the claim without
conducting an investigation B. Denying a claim promptly
but without explaining the coverage or laws on which the
denial is based C. Paying a claim promptly but without
explaining the coverage or laws on which the payment is
based D. Denying the claim without making an
investigation - ...ANSWER...✓✓A. Paying a claim without
conducting an investigation
A producer has how many days to file a written appeal to
the commissioner after he has been terminated by his
appointing insurer? - ...ANSWER...✓✓30
A fraternal benefit society representative need not be
licensed as a producer if he sells life insurance with the
face amount equal to or less than: -
...ANSWER...✓✓50,000
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!)
What is the maximum amount the commissioner can fine
an insurer for each violation of a cease-and-desist order?
- ...ANSWER...✓✓$10,000
When appropriate the commissioner reports a violation of
insurance law to - ...ANSWER...✓✓The district attorney
A company that has not been authorized to operate in
Colorado is known as - ...ANSWER...✓✓A nonadmitted
insurer
An insurer that terminates the producers appointment
must inform the commissioner within how many days? -
...ANSWER...✓✓30
All of the following are duties of the commissioner
except: a. keeping records of the insurers that he has
,2|Page
examined b. adopting rules and regulations c. writing
insurance laws d. submitting an annual report to the
General assembly - ...ANSWER...✓✓See. Writing
insurance laws
When an insurer terminates a producer's appointment,
the insurer must notify - ...ANSWER...✓✓The
commissioner and producer
An insurance producer who solicits insurance on behalf
of an insurer represents the - ...ANSWER...✓✓Insurer
The commissioner may... - ...ANSWER...✓✓Conduct
investigations and subpoena witnesses whenever he
deems it necessary
The commissioner gives approval to an insurer to do
business in Colorado in a certificate of -
...ANSWER...✓✓Authority
In Colorado all of the following are considered unfair
trade practices except: a. Misrepresentation b. Rebating
,3|Page
c.. Replacement D. Coercion - ...ANSWER...✓✓C.
Replacement
All of the following are violations of Colorado insurance
law except: a. Charging individuals of the same class
different premium rates b. Offering tickets to a football
game as an incentive to purchase a policy c. In forming a
new policy holder that his new policy, if lapsed for
nonpayment of premium, could be reinstated upon
reapplication d. Having an arrangement to sell stock to a
person contingent upon the purchase of an annuity -
...ANSWER...✓✓C. In forming a new policy holder that his
new policy, if lapsed for nonpayment of premium, could
be reinstated upon reapplication
All of the following insurance practices are illegal in
Colorado except: A. Soliciting or procuring insurance
without a license B. Paying a fee for services as an
insurance producer to anyone who is not properly
licensed C. Inquiring about an applicant sexual orientation
in connection with an application D. Replacing one life
insurance policy with another - ...ANSWER...✓✓D.
Replacing one life insurance policy with another
, 4|Page
How many hours of continuing education must be in
courses associated with the lines of insurance for which
the producer is licensed? - ...ANSWER...✓✓18
All of the following are examples of unfair claims
settlement practices except: A. Paying the claim without
conducting an investigation B. Denying a claim promptly
but without explaining the coverage or laws on which the
denial is based C. Paying a claim promptly but without
explaining the coverage or laws on which the payment is
based D. Denying the claim without making an
investigation - ...ANSWER...✓✓A. Paying a claim without
conducting an investigation
A producer has how many days to file a written appeal to
the commissioner after he has been terminated by his
appointing insurer? - ...ANSWER...✓✓30
A fraternal benefit society representative need not be
licensed as a producer if he sells life insurance with the
face amount equal to or less than: -
...ANSWER...✓✓50,000
