C.R.S. Section 10-2-201
Prelicensure education

  • when required

(1)

Intentionally left blank —Ed.

(a)

Except as otherwise provided in section 10-2-202, in addition to other requirements for licensure as specified under this article and as a condition of initial licensure, an individual applicant for qualification in life, sickness and accident, or property and casualty lines shall be required to provide evidence to the commissioner that the individual applicant has satisfactorily completed an approved prelicensure education or training course or program as follows:

(I)

An individual seeking insurance producer licensure authority for life insurance shall complete at least fifty hours of an approved course or program for certification in life insurance; and, of the said fifty hours, at least three hours shall pertain specifically to insurance industry ethics;

(II)

An individual seeking insurance producer licensure authority for health coverage shall complete at least fifty hours of an approved course or program for certification in sickness and accident insurance; and, of the said fifty hours, at least three hours shall pertain specifically to insurance industry ethics;

(III)

An individual seeking insurance producer licensure authority for property or casualty insurance or both shall complete at least fifty hours of an approved course or program for certification in property or casualty insurance or both; and, of the said fifty hours, at least three hours shall pertain specifically to insurance industry ethics.

(b)

An individual seeking an insurance producer license to include life, sickness and accident, property, or casualty lines or any combination thereof shall not be eligible to take the written examination provided for in section 10-2-402 until the prelicensure education requirements specified in this subsection (1) pertaining to the line or lines of insurance applied for have been satisfied.

(2)

The commissioner shall adopt all rules necessary to carry out the prelicensing education provisions of this section. Such rules shall set forth standards for courses and programs to qualify for approval by the commissioner and shall also prescribe a system of control and reporting.

(3)

An individual seeking an insurance producer license shall pay to the commissioner, in addition to any other applicable fees or charges, a fee established by the commissioner in accordance with section 10-2-413 for operation of the prelicensing education program.

Source: Section 10-2-201 — Prelicensure education - when required, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-10.­pdf (accessed Oct. 20, 2023).

10‑2‑101
Short title 10‑2‑102
Scope - applicability 10‑2‑103
Definitions 10‑2‑104
Authority of commissioner - rules 10‑2‑105
Insurance producer - exemptions from definition 10‑2‑201
Prelicensure education - when required 10‑2‑202
Exemption from prelicensure education requirements 10‑2‑203
Course certification, registration, and review by commissioner 10‑2‑301
Continuing education requirement - rules 10‑2‑401
License required 10‑2‑402
License examination requirement 10‑2‑403
Exemption from license examination 10‑2‑404
Application for license 10‑2‑405
Residency - individuals - agencies 10‑2‑406
Licensing of agencies 10‑2‑407
License - definitions of lines of insurance - authority 10‑2‑408
License - contents - continuation due date 10‑2‑409
License - amendment - reissuance 10‑2‑410
Temporary licensing 10‑2‑411
Duplicate license 10‑2‑412
Change of address - notification 10‑2‑413
Fees 10‑2‑414
Additional lines of authority - application for license 10‑2‑414.5
Travel insurance - limited lines license - travel insurance producers - definitions 10‑2‑415.5
Appointment of insurance producer - continuation - renewal - exceptions 10‑2‑415.7
Termination of insurance producer bail bonding agent - notice - penalty 10‑2‑416
Notification to the commissioner of termination 10‑2‑416.5
Required availability to commissioner of list of producer appointees for enforcement purposes 10‑2‑417
Public insurance adjusters - license required - financial responsibility - standards of conduct - rules 10‑2‑418
Bail bonding authority 10‑2‑501
Reciprocity 10‑2‑502
Nonresident licensing - qualification 10‑2‑503
Commissioner as agent for service of process 10‑2‑601
Financial institutions may sell insurance - where - regulation 10‑2‑602
Sale of annuities and insurance by financial institutions - certain tying arrangements prohibited 10‑2‑603
Bank sale of annuities - disclosure requirements 10‑2‑604
Disclosures 10‑2‑605
Misleading advertising 10‑2‑606
Discrimination against affiliated agents 10‑2‑607
Location of sales 10‑2‑701
Assumed names - registration - rules 10‑2‑702
Commissions 10‑2‑704
Fiduciary responsibilities 10‑2‑705
Bail bond documents - requirements - rules 10‑2‑706
Insurance producer designee - responsibility 10‑2‑707
Business practices - price limits - collateral 10‑2‑801
Licenses - denial, suspension, revocation, termination - reporting of actions - definitions 10‑2‑802
Surrender of license 10‑2‑803
Notice of penalty, suspension, termination, revocation, or denial 10‑2‑804
Investigation by commissioner 10‑2‑901
Short title 10‑2‑902
Definitions 10‑2‑903
Licensure 10‑2‑904
Required contract provisions - reinsurance intermediary-producers 10‑2‑905
Books and records - reinsurance intermediary-producers 10‑2‑906
Duties of insurers utilizing the services of a reinsurance intermediary-producer 10‑2‑907
Required contract provisions - reinsurance intermediary-managers 10‑2‑908
Prohibited acts 10‑2‑909
Duties of reinsurers utilizing the services of a reinsurance intermediary-manager 10‑2‑910
Examination authority 10‑2‑911
Penalties and liabilities 10‑2‑912
Rules and regulations 10‑2‑1001
Short title 10‑2‑1002
Definitions 10‑2‑1003
Licensure 10‑2‑1004
Required contract provisions 10‑2‑1005
Duties of insurers 10‑2‑1006
Examination authority 10‑2‑1007
Penalties and liabilities 10‑2‑1008
Rules and regulations 10‑2‑1101
Effective date - applicability
Green check means up to date. Up to date

Current through Fall 2024

§ 10-2-201’s source at colorado​.gov