Colorado Statutes
§ 10-19-111 — Right to return policy - free look
A long-term care insurance
applicant has the right to return the policy or certificate within thirty days after its
delivery and to have the premium refunded if, after examination of the policy or
certificate, other than a certificate issued pursuant to a policy issued to a group
defined in section 10-19-103 (4)(a), the applicant is not satisfied for any reason. A
long-term care insurance policy or certificate shall contain a notice, prominently
printed on the first page or attached thereto, stating in substance that the
applicant has the right to return the policy or certificate within thirty days after its
delivery and to have the premium refunded if, after examination of the policy or
certificate, other than a certificate issued pursuant to a policy issued to a group
defined i
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Legislative History
Source: L. 90: Entire article R&RE, p. 647, � 1, effective July 1. L. 2007: Entire
section amended, p. 199, � 6, effective January 1, 2008.
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