Colorado Statutes
§ 10-7-113 — Acceleration of benefits
Colorado § 10-7-113
This text of Colorado § 10-7-113 (Acceleration of benefits) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Colo. Rev. Stat. § 10-7-113 (2026).
Text
(1)Any policy of life or endowment
insurance or annuity contract or contract supplemental thereto may contain
benefits providing for the acceleration of life or endowment or annuity benefits in
advance of the time they would otherwise be payable for an insured:
(a)Who is diagnosed with a terminal case of AIDS, as defined in section 10-3-1104.5 (2)(a), or with any other terminal illness, for health-care expenses or for long-term care which is certified or ordered by a physician; or
(b)Upon the occurrence of a qualifying event, as defined by the policy or
contract.
(2)For the purposes of this section, long-term care shall include but need
not be limited to hospice care, adult day care, professional nursing care, medical
care expenses, custodial nursing care, and nonnursing custo
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Legislative History
Source: L. 89: Entire section added, p. 449, � 5, effective April 15. L. 90: Entire section amended, p. 621, � 1, effective March 22.
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 statesCite This Page — Counsel Stack
Bluebook (online)
Colorado § 10-7-113, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-7-113.