Colorado Statutes
§ 10-7-109 — Suicide no defense for nonpayment
The suicide of a policyholder
after the first policy year of any life insurance policy issued by any life insurance
company doing business in this state shall not be a defense against the payment of
a life insurance policy, whether said suicide was voluntary or involuntary, and
whether said policyholder was sane or insane. Nothing in this section is intended or
shall be construed to apply to any accident insurance policy insuring against
accidental death or death by accidental means or to those parts or provisions of any
life insurance policy insuring specifically against accidental death or death by
accidental means.
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Legislative History
Source: L. 13: p. 358, � 59. C.L. � 2532. L. 35: p. 573, � 1. CSA: C. 87, � 76. CRS 53: � 72-3-23. C.R.S. 1963: � 72-3-23.
Nearby Sections
15
§ 10-1-101
Legislative declaration§ 10-1-102
Definitions§ 10-1-105
Actuary§ 10-1-107
Personal fees prohibited§ 10-1-109
Rules of commissioner§ 10-1-111
Invoking aid of courts§ 10-1-113
No seal required on policies§ 10-1-114
Sale of premium notes prohibited§ 10-1-115
Penalty§ 10-1-116
Defamation of other companies - penalty§ 10-1-117
Company unauthorized in other states