Colorado Insurance Exam Guides
Pick the license you're studying for. Each guide covers Colorado-specific requirements, fees, and official links — plus a free practice exam. Then scroll down to explore the Colorado exam's state-law material, mapped.
Free study resource
What's actually tested on the Colorado exam — the state regulations, mapped
Every Colorado insurance exam reserves a block of questions for Colorado-specific law — the fees, deadlines, limits, and rules that generic national study guides gloss over. This is that material: 148 facts from the TESTivity Colorado regulations curriculum, organized the way we teach them. Open a branch, explore, and let the structure do some of the remembering for you.
Every fact below carries its source citation and the date we last verified it (most recently August 2026) — and is re-checked on a schedule. Facts marked tested are ones you should expect to see on the exam.
Life 17 facts
The life insurance rules that differ by state — free look, grace, reinstatement.
- Incontestability period tested2 years from issue, during the insured's lifetime
- Grace period for individual life testedOne month, not less than 30 days
- Suicide exclusion period testedFIRST POLICY YEAR ONLY. Suicide after the first policy year is no defense, sane or insane, voluntary or involuntary. Two wrinkles: the statute says 'policyholder,' not insured, and it expressly does not reach accidental-death policies or the accidental-death parts of a life policy.
- Free look on a replaced life policy or annuity tested30 days from DELIVERY, with an unconditional full refund of all premiums or considerations paid.
- Free look on LTC and Medicare supplement tested30 days after delivery for long-term care (C.R.S. § 10-19-111) and 30 days after delivery for Medicare supplement (C.R.S. § 10-18-107).
- Required nonforfeiture provisions testedColorado's statute requires a PAID-UP NONFORFEITURE BENEFIT (elected on notice no later than 60 days after the due date, after at least one full year's premium) and a CASH SURRENDER VALUE (after 3 full years ordinary / 5 industrial), plus an automatic default option and a table of values for the first 20 years. Note the trap: 'extended term' and 'reduced paid-up' are NOT named in the statute — the form of the paid-up benefit is set by the policy.
- Registrations required to sell variable products testedThe Life line plus FINRA securities registration; Variable Life and Variable Annuity is a separate Colorado authority
- Does the state regulate viatical/life settlements? testedYes — the Colorado Viatical Settlements Act
- Viator's rescission window testedThe earlier of 30 days after the contract is executed OR 15 days after the viator receives the proceeds
- Has the state adopted the NAIC best interest standard? testedYES — 3 CCR 702-4, Regulation 4-1-11, effective November 1, 2022, aligned to the NAIC 2020 model. The producer must act in the consumer's best interest, and must complete a one-time 4-hour training course first.
- Free look on an ordinary, non-replacement life policy testedNONE. Colorado mandates no right to return an ordinary life policy bought outside a replacement. The 30-day free look attaches to replacements, Medicare supplement and long-term care — not to a plain life sale.
- Free look on an annuity tested15 days — but CONDITIONAL. It is triggered only where the Buyer's Guide AND the disclosure document were not delivered at or before application. Deliver both on time and no 15-day right arises.
- Is a reinstatement provision required in life policies? testedNO. Reinstatement is not among Colorado's required life policy provisions, and no time limit is set. The familiar 3-year rule is a product norm here, not Colorado law — the only Colorado reinstatement clocks are regulatory: 2 years for variable life, 3 years for periodic-payment variable annuities.
- Notice before a life policy lapses tested25 days' notice — except on policies with premiums payable monthly or more often, which are exempt.
- Effect of a misstatement of age testedThe benefit is ADJUSTED, not voided: the amount payable is what the premium would have purchased at the correct age.
- The replacement clocks a producer must hit testedThe producer presents and reads the replacement notice no later than at the time of taking the application. The replacing insurer must notify the existing insurer within 5 BUSINESS days; the existing insurer must furnish in-force information within 5 business days of the owner's request and keep replacement notices 5 years.
- Grace period on group life tested31 days for group life, against 'one month, not less than 30 days' on individual life — and group life, like individual, carries no required free look or reinstatement provision.
Health 21 facts
Health coverage rules — continuation, prompt pay, mandates, public programs.
- Has the state expanded Medicaid under the ACA? testedYES — Colorado expanded Medicaid under the ACA, effective January 1, 2014
- Effective date of expansion, if expanded testedJanuary 1, 2014
- Agency administering Medicaid testedHealth First Colorado — the state's Medicaid program, administered by the Department of Health Care Policy & Financing
- Federal marketplace or state-based exchange testedA STATE-BASED exchange — Connect for Health Colorado. Colorado runs its own full exchange.
- Name of the state CHIP program testedChild Health Plan Plus (CHP+)
- Clean-claim payment deadline, electronic tested30 days for an electronic clean claim
- Clean-claim payment deadline, paper tested45 days for a clean claim submitted by other means
- Does the state distinguish electronic vs paper claims? testedYes — 30 days electronic, 45 days paper
- Interest / penalty on late claim payment tested10% annual interest from the due date, PLUS a 20% penalty on the total allowed if the claim is not resolved within 90 days (imposed on the 91st day)
- Is the IRO's external review decision binding on the plan? testedYES — Colorado runs a state external review through a certified Independent External Review Entity. Request within 4 months of the internal-appeal denial; the carrier pays; the IRO decision is BINDING.
- Employer size at which federal COBRA applies testedFederal COBRA applies at 20+ employees; Colorado state continuation fills gaps
- Employer size range covered by state continuation testedColorado state continuation applies to group health plans; there is no stated small-employer size threshold. The insured must have been continuously covered for at least 6 months.
- Duration of state continuation coverage testedUp to 18 months (or until other group coverage begins)
- Max premium as % of group rate testedThe full group premium — the employee-plus-employer contribution (there is no reduced percentage cap in the statute)
- Grace period, tiered by premium mode tested7 days weekly / 10 days monthly / 31 days for every other mode. Colorado writes the tiers into the required provision itself.
- Reinstatement deemer on health policies tested45 days. If the insurer requires an application and issues a conditional receipt, the policy reinstates on approval or on the FORTY-FIFTH DAY FOLLOWING THE DATE OF THE CONDITIONAL RECEIPT — unless the insurer has already notified the insured in writing of disapproval. The clock runs from the receipt, not the application.
- Notice of claim and proof of loss deadlines testedNotice of claim within 20 days of the loss or as soon as reasonably possible; written proof of loss within 90 days after the end of the period the insurer is liable for.
- Time limit on certain defenses tested2 years. After two years from issue, no misstatement except a FRAUDULENT one may be used to void the policy or deny a claim for a loss commencing after that period.
- When the insured may sue testedNo action before 60 days after proof of loss is furnished, and none after 3 years from the date proof of loss was required.
- Deadline to elect state continuation testedThe employer's written notice must be postmarked within 10 days of termination, and the employee must return the election and payment within 30 days of the termination date — stretched to 60 days if the employer failed to give notice.
- Expedited external review timeframe tested72 hours. And note the binding language cuts both ways — the reviewer's determination binds the CARRIER AND the individual who requested it.
Auto 11 facts
Auto insurance — minimum limits, fault system, required coverages.
- Fault-based (tort) or no-fault testedFault-based (tort). The Colorado Auto Accident Reparations Act was allowed to SUNSET rather than being repealed by a bill — §§ 10-4-701 to 10-4-726 expired July 1, 2003, and Colorado has been a tort state since.
- Minimum bodily injury liability per person tested$25,000
- Minimum bodily injury liability per occurrence tested$50,000
- Minimum property damage liability tested$15,000
- The memorizable shorthand (e.g. 30/60/25) tested25/50/15
- Uninsured motorist: mandatory / must be offered & rejectable / not required testedMust be OFFERED at limits equal to the insured's bodily injury liability limits; rejectable only in writing. The anti-setoff clause is heavily tested: UM/UIM cannot be reduced by a setoff from liability, medical payments, health insurance or other UM/UIM coverage.
- Underinsured motorist status testedOffered, rejectable in writing (part of UM/UIM under § 10-4-609)
- Personal injury protection status testedNo PIP — no-fault sunset in 2003. But MEDICAL PAYMENTS coverage must be offered at $5,000, and if the insurer cannot prove a written rejection the policy is PRESUMED to include it.
- Contributory / pure comparative / modified comparative negligence testedModified comparative negligence — a 50% bar. Recovery is barred if the claimant's negligence is 'as great as' (equal to or greater than) the defendant's.
- The bar percentage, if modified comparative tested50% bar — a claimant whose negligence is as great as the defendant's recovers nothing
- Assigned risk / residual market plan for auto testedThe Colorado Automobile Insurance Plan (assigned risk), whose rates are subject to prior approval
CE & Renewal 13 facts
Continuing education and renewal rules — the numbers the exam loves.
- How long a license lasts before renewal testedPERPETUAL. Colorado issues a perpetual producer license — it has no expiring term. It simply continues so long as the continuation fee is paid on time.
- What the renewal date keys off (flat term / birthday / birth year) testedThe last day of the producer's BIRTH MONTH in the second year after the license is issued, and the last day of that birth month every other year after that. The Commissioner sends notice 90 days ahead.
- CE hours per renewal period, standard case tested24 hours of Colorado-approved CE every two years, beginning after your first continuation.
- CE hours if holding multiple license types (if different) testedStill 24 total — holding multiple lines does not multiply the hours
- Ethics hours required per period tested3 hours of ethics, counted WITHIN the 24 — not on top of them.
- Line-specific CE mandate testedA distinctive Colorado add-on: every producer licensed to sell PROPERTY or PERSONAL LINES must complete 3 hours on homeowner's insurance coverage — inside the 24, not on top.
- What happens if CE is not completed (fine / expiry / cancellation) testedA license cannot be continued until CE is satisfied, and an uncontinued license lapses. You may reinstate within ONE YEAR of the expiration date; after a year you must redo pre-licensing education and retake the exam.
- Any CE exemption (e.g. long-service agents) testedNonresidents are treated as compliant if they meet their home state's CE. First-time licensees are not on the clock until after their initial continuation. Limited and restricted lines (travel, title, credit) require no CE.
- Carryover of surplus CE hours testedUp to 12 hours may carry forward — but ONLY hours earned in the 120 days before the continuation date. Anything earned earlier in the cycle cannot be carried.
- Annuity best-interest producer training testedA ONE-TIME 4-credit-hour Division-approved course before you may sell annuities. Producers who already completed an older approved annuity course may instead take a one-time 1-credit best-interest supplement. Records kept 5 years.
- Long-term care producer training testedThe heaviest training requirement in the state: a ONE-TIME 16 hours — 8 hours general LTC plus 8 hours on LTC partnerships that must be in a CLASSROOM setting — then 5 classroom hours every 24 months. It may double-count toward the 24 CE hours. The commonly quoted '8 hours' is only half of the one-time requirement.
- Who approves CE and pre-licensing courses testedCourse approval and reporting for both CE and pre-licensing run through Pearson VUE under contract, not through the Division directly. Course registration or renewal costs $20 through Sircon.
- The hard cutoff on continuation day tested10:00 p.m. Mountain Time on the day the license expires. After that the online continuation closes and the license lapses — NIPR does not process late producer renewals at all.
Property 15 facts
Property insurance — rate regulation, residual markets, catastrophe exposure.
- Rate regulation system (file-and-use / prior approval / use-and-file) testedPrimarily OPEN COMPETITION (Type II) — insurers file and compete, with no prior approval. Only TWO things are Type I prior-approval: workers' compensation PURE PREMIUM rates filed by a rating organization, and ASSIGNED RISK motor vehicle insurance. Insurer-filed workers' comp rates are Type II.
- Is insurance credit scoring permitted in personal lines? testedPermitted, with restrictions: the insurer must disclose the use of credit information, and on any adverse action must give the FCRA notice (the reporting agency's identity, the right to a free report within 60 days, and the right to dispute).
- Does the state have a FAIR Plan? testedYES — the Colorado FAIR Plan Association, created by HB23-1288 and now operational: residential policies from April 10, 2025 and commercial from June 17, 2025. Eligibility requires proof that THREE different insurers declined.
- Name of the FAIR Plan, if any testedColorado FAIR Plan Association
- Dominant catastrophe perils in the state testedWildfire and hail above all — Colorado is one of the most hail-prone states in the country, and wildfire risk has driven a property-insurance availability crisis and the creation of the FAIR Plan.
- What license you must already hold to write surplus lines testedA separate Surplus Lines authority on the Colorado producer license — $141 new, $134 to continue, with its own 35-question exam.
- How many declinations the diligent-effort search needs testedMORE THAN ONE, as of January 30, 2026 — the regulation previously required 'a minimum of three.' Anyone still teaching three declinations is a year out of date. A waiver is available where the broker attests to market familiarity or accepts a producing-producer affidavit; documentation is retained 3 years.
- What the FAIR Plan actually covers tested$750,000 for residential property and contents, $5,000,000 commercial — written at ACTUAL CASH VALUE, not replacement cost, with NO liability coverage. Basic perils are fire, lightning and smoke; windstorm/hail, explosion, riot, vehicles, volcanic eruption and vandalism are optional add-ons.
- The wildfire coverage offers an insurer must make testedExtended replacement cost of at least 50% of the dwelling limit, and law and ordinance coverage of at least 20%. From January 1, 2025 the declarations page must list, in BOLD TWELVE-POINT TYPE, whether the consumer bought or rejected each one.
- Additional living expense after a wildfire tested12 months minimum as standard, with a 24-month option that must be offered. For a total loss from a wildfire in a declared disaster it is 24 months minimum plus two optional 6-month extensions, with 36 months to submit reconstruction receipts and ALE paid within 20 days of documentation.
- Contents settlement without an itemized inventory tested30% of the declared contents value as standard — rising to 65% for a total loss from a wildfire in a declared disaster. The policyholder has 365 days to submit an inventory.
- Wildfire risk scoring and the insurer appeal testedEffective July 1, 2026, insurers using a wildfire risk model must file it, offer mitigation discounts, send policyholders an annual written wildfire risk score, and decide an appeal of that score within 30 calendar days.
- May an insurer refuse fire coverage by location? testedNo — an insurer may not refuse to issue a fire policy based on the property's zip code, county, or distance from any wildfire, unless the property sits in an immediately threatened area.
- Does Colorado prescribe a standard fire policy? testedNo. Colorado adopts no standard fire policy form and mandates no appraisal clause — a 2026 bill that would have required a binding appraisal process was postponed indefinitely in committee.
- Surplus lines premium tax tested3% on net premiums, plus a 0.175% SLIP+ transaction fee on policies effective on or after January 1, 2025. Quarterly reports, with the annual report and tax due March 1 and everything in before April 1 to avoid fines.
Guaranty 13 facts
The safety nets when an insurer fails — and their limits.
- Name of the life & health guaranty association testedColorado Life and Health Insurance Protection Association
- Life death benefit limit tested$300,000
- Life cash surrender / withdrawal value limit tested$100,000 net cash surrender value
- Annuity benefit limit tested$250,000 present value
- Health benefit limit tested$500,000 for a health benefit plan; $300,000 disability income; $300,000 long-term care; $100,000 other health
- Aggregate per-individual cap, if any tested$300,000 aggregate per life — except up to $500,000 where health benefit plan coverage is involved. A separate $5,000,000 ceiling applies to the owner of multiple nongroup life policies.
- Does the state follow the standard NAIC model limits? testedYes — standard NAIC model limits
- Name of the P&C guaranty association testedColorado Insurance Guaranty Association (CIGA)
- Per-claim cap testedTIERED BY LIQUIDATION DATE, which is the part candidates miss: $50,000 baseline, $100,000 for orders entered between July 1, 1988 and August 10, 2011, and $300,000 for orders entered on or after August 10, 2011. Workers' compensation covered claims are paid IN FULL with no cap. Never more than the policy's face amount. Claims must be filed within 24 months of the liquidation order.
- Is using the guaranty association as a sales inducement prohibited? testedYes — using either guaranty association in advertising or a sales inducement is prohibited
- Who the P&C association will NOT pay testedA first-party claimant whose NET WORTH EXCEEDS $10 MILLION, incurred-but-not-reported losses, and claims by reinsurers, insurers and pools. Note that this $10 million net-worth exclusion belongs to the P&C association — the life and health association has no net-worth test at all.
- Is there a per-claim deductible? testedNo. Colorado's act contains no deductible or minimum claim amount — a deliberate departure from the NAIC model, which many states follow with a $100 deductible.
- Structured settlement annuity limit tested$250,000 in present-value annuity benefits PER PAYEE — the per-payee wording matters, because a single structured settlement can have more than one.
Workers Comp 8 facts
Who must carry workers' compensation and what it pays.
- Is workers' compensation mandatory for private employers? testedYes — mandatory for essentially all employers
- Employee count at which coverage is required testedOne or more employees — coverage is required of essentially any employer with a person engaged in its business or employment.
- Agency administering workers' compensation testedThe Division of Workers' Compensation, within the Colorado Department of Labor and Employment (CDLE)
- Temporary total disability wage replacement rate tested66⅔% of the average weekly wage, capped at 91% of the state average weekly wage
- Deadline to file a claim tested2 years from the injury or death, extendable to 3 years for a reasonable excuse where the employer is not prejudiced. Separately the employee must give the EMPLOYER written notice within TEN DAYS of the injury — this changed from four days in 2022 and is a classic stale-material trap.
- Ways an employer may comply (insure / self-insure / group) testedInsure with a licensed carrier, buy from Pinnacol Assurance, or qualify as an approved self-insurer. Pinnacol is a POLITICAL SUBDIVISION of the state that is expressly NOT an agency of state government, and by statute it may not refuse to insure a Colorado employer because of the risk or the premium — which is what makes it function as the market of last resort.
- Waiting period before wage benefits start testedThree days. If disability does not last longer than three days no indemnity is payable, though medical benefits still are — and if disability runs longer than TWO WEEKS, indemnity is paid retroactively from the day the employee left work.
- Is the state fund monopolistic? testedNo — Colorado is a competitive state. Pinnacol competes with private carriers, and insurer-filed workers' compensation rates sit in the open-competition tier. Only a rating organization's PURE PREMIUM rates need prior approval.
Regulator 8 facts
Who regulates insurance here and what powers the office holds.
- Name of the state insurance regulator testedThe Colorado Division of Insurance (DOI), within the Department of Regulatory Agencies (DORA)
- Title of the person who heads it testedCommissioner of Insurance
- How the commissioner is chosen: elected / appointed by governor / appointed by other body testedAppointed by the Governor, subject to Senate confirmation, and serving at the Governor's pleasure — not elected
- Where the state's insurance law is codified testedTitle 10 of the Colorado Revised Statutes, with regulations at 3 CCR 702
- Does the regulator sit somewhere unusual (e.g. inside a constitutional commission)? testedNo — a conventional division within DORA, headed by an appointed Commissioner
- The first-party claim clock and its penalty tested60 days to pay, deny or settle a valid and complete first-party property or casualty claim, then a civil penalty of $100.00 PER DAY for each day beyond 60, and a letter to the insured every 30 days explaining why more time is needed. The regulation has no definitions section, so those are calendar days.
- What an unreasonably delayed claim costs the insurer testedTWO TIMES the covered benefit plus reasonable attorney fees and court costs — on top of the benefit itself. A delay or denial is unreasonable if made without a reasonable basis.
- Is rebating prohibited? testedYes — any rebate of premium or other valuable consideration not specified in the contract is an unfair method of competition, alongside misrepresentation, false advertising, defamation of another insurer, boycott or coercion, twisting, and unfair discrimination.
Cancellation 10 facts
When and how policies can be canceled or nonrenewed — heavily tested.
- Initial window during which an insurer may cancel more freely tested60 days, and it is an AUTO rule only. After an auto policy has been in force 60 days (or on a renewal) it may be canceled only for nonpayment, license or registration suspension, a knowingly false statement on the application, or a knowingly and willfully false material claim statement. Homeowners policies have no equivalent initial window and no enumerated grounds.
- Notice days to cancel a personal auto policy inside the initial window tested30 days' advance written notice
- Notice days for cancellation for nonpayment tested10 days for nonpayment, with the reason
- Notice days for cancellation for other permitted causes tested30 days for other permitted causes (auto)
- Notice days required for nonrenewal testedAt least 30 days' advance notice of nonrenewal (auto). The reason is not required in the notice, but the insurer must give it within 20 days of the insured's written request.
- Must the reason be stated proactively, on request, or not at all? testedAuto: the reason for nonrenewal is not required in the notice but must be provided within 20 days of the insured's written request
- Notice to cancel or nonrenew a homeowners policy tested60 DAYS for both cancellation and nonrenewal — double the auto period — by first-class mail to the last address in the insurer's records, and the notice must specifically state the reasons. Nonpayment drops it to 10 days, still with reasons.
- How fast a homeowner can get a copy of the policy tested3 business days for an electronic or paper copy on request, and 30 calendar days for a certified copy — with a $50-per-day penalty for missing it.
- May underwriting turn on a dog breed? testedNo. Colorado bars homeowners insurers from refusing, canceling, nonrenewing, or charging more based on the breed of dog kept on the property.
- What a credit-based adverse action requires testedNotice that credit information is being used, plus the federal FCRA adverse-action notice — including the consumer's right to a FREE credit report for 60 days from the agency whose report drove the decision.
Licensing 32 facts
How you get and keep the license — exams, fees, applications, background checks.
- Is there a standalone life license/exam? testedYes — Life
- Is there a standalone health license/exam? testedYes — Accident and Health
- Is there a combined life+health license/exam? testedNo single combined Life & Health exam — Colorado exams are per line of authority. A candidate pursuing both sits the Life exam and the Accident & Health exam separately.
- Is there a personal lines license/exam? testedYes — Personal Lines
- Is P&C one combined license, or split into Property and Casualty? testedSeparate lines — Colorado offers Property and Casualty as SEPARATE exams and lines of authority (plus a narrower Personal Lines line). There is no single combined P&C exam.
- Does the life license cover annuities? testedYes — annuities are sold under the Life line (Variable Life and Variable Annuity is a separate add-on authority)
- Does the P&C license already include personal lines authority? testedNo — Personal Lines is its own line of authority. But the Division's candidate handbook exempts producers who hold Property and Casualty from the Personal Lines PRE-LICENSING TRAINING (not from the exam). Regulation 1-2-5 does not carry that carve-out, so the exemption rests on the handbook.
- Full list of exam-based agent license types testedOne Colorado Producer license listing any of: Life · Accident and Health · Property · Casualty · Personal Lines · Title · Surplus Lines · Credit · Crop Hail · Travel · Portable Electronics · Self-Storage · Variable products — plus a separate Public Adjuster license
- Exam administrator (Prometric / PSI / Pearson VUE) testedPearson VUE — at a physical test center only. Colorado ENDED online proctored insurance exams: no new online registrations after December 15, 2025, and the last online sittings were January 6, 2026. The state has 37 physical test centers.
- License application fee tested$44 per line of authority for a new resident license; $27 per line of authority to continue it. Nonresident $68 new / $40 continuation. Surplus lines $141 / $134.
- Fee per insurer appointment testedNone — Colorado requires NO general producer appointments. C.R.S. § 10-2-416.5 instead requires each insurer to keep a current list of producers contractually authorized to accept applications on its behalf, available to the Commissioner on request. The $95 appointment fee applies to bail industry companies only.
- Passing score testedNOT PUBLISHED. Scores are reported as a SCALED score from 0 to 100, and the handbook states the reported score is 'neither the number of questions you answered correctly nor the percentage of questions you answered correctly.' Numeric scores go to failing candidates only. Colorado publishes no cut score anywhere.
- Minimum age to be licensed tested18
- Is pre-licensing education required? testedYES — 50 hours per line, Division-approved, before you may sit the Pearson VUE exam. Your provider reports completion to Pearson VUE, and you must give the training school code when you book the exam.
- Pre-licensing hours and any exceptions (e.g. Title, adjusters) tested50 hours per line of authority (Life, Accident & Health, Property, Casualty, Personal Lines). Inside each 50: 3 hours ethics, 3 hours general Colorado insurance law, 4 hours Colorado law specific to that line. Multi-line applicants take the 3 ethics hours ONCE. Certificate valid 1 year.
- Fingerprints, state police report, or none testedNO FINGERPRINTS for resident producers. Screening is by the application's background questions plus supporting documents uploaded with them. The NAIC's fingerprint chart lists Colorado prints only for bail bonding agents, domestic-company officers and directors, acquisition applicants and preneed sellers.
- Who takes the prints / issues the report testedNo fingerprint vendor — there are no prints to take. The Division reviews the application's background disclosures itself, with documents filed through NIPR's Attachments Warehouse.
- Deadline to apply after passing the exam testedExam first, then apply. The passing score is valid 1 year, and the application must be filed within that year. Separately, the pre-licensing certificate is valid 1 year, so you must sit the exam within a year of finishing the course.
- How long a passed exam remains valid tested1 year
- Where you apply (Sircon / NIPR / state portal) testedSircon (sircon.com/colorado) or NIPR
- Are temporary licenses available? testedYes — a temporary producer license for up to 180 days
- Temporary license duration and training requirement testedUp to 180 days, in the statutory circumstances only — death or disability of a producer, an agency's designated individual, a producer entering active military service, or where the Commissioner finds the public interest served. Not a general pre-exam temporary license. No fee; requested by email to the DOI.
- How the state-law portion is delivered testedOne sitting per line, combining a General Knowledge section and a Colorado-specific section — there is no separate state-law exam. Scored counts: Life 50+30, Accident & Health 50+30, Property 50+25, Casualty 50+31, Personal Lines 75+29.
- Time allowed for the exam testedNOT PUBLISHED. The handbook says only that 'the time allotted for each examination varies.' Colorado also publishes no exam series or code numbers.
- Examination fee tested$41 per attempt, paid at reservation, non-refundable and non-transferable. Retakes cost another $41 and you must wait 24 hours before rebooking.
- Identification required on exam day testedTWO current forms of signature identification — the primary must be government-issued with a photo, and the name must match the reservation exactly. Arrive 30 minutes early. No personal items in the testing room at all.
- Deadline to reschedule or cancel testedAt least 48 hours before the exam, by phone to (800) 274-2616. Miss that and you forfeit the fee unless an excused absence applies — illness, death in the immediate family, disabling traffic accident, court or jury duty, military duty, or a weather emergency, documented to Pearson VUE within 14 days.
- Professional designations that waive the exam testedStatutory EXAM waiver (C.R.S. 10-2-403): CLU, ChFC and RHU waive everything except the Colorado life/health law portion; CPCU waives everything except the Colorado property/casualty/health law portion. The Colorado law portion is NEVER waived. A separate and wider PRE-LICENSING TRAINING exemption list in the candidate handbook covers AAI, ARM, CIC or CPCU (property and casualty); RHU, CEBS, REBC or HIA (accident and health); and CEBS, ChFC, CIC, CFP, CLU, FLMI or LUTCF (life) — coursework relief, not an exam waiver.
- Deadline to report an address change tested30 days, in writing on the Commissioner's form. Failure is itself grounds for a penalty. Filing is free through Sircon or NIPR.
- Deadline to report actions and prosecutions testedAdministrative action in another jurisdiction: 30 days after FINAL DISPOSITION, with the order attached. Criminal prosecution: 30 days after the INITIAL PRETRIAL HEARING DATE — not after conviction.
- Deadline to remit premiums held for an insurer testedPremiums are held in a fiduciary capacity and must be remitted within 45 days of receipt or by the contractual due date, whichever is earlier; return premiums within 30 days. Commingling with personal funds is prohibited — but Colorado does not expressly require a separately named trust account.
- How long producer records must be kept testedThe general rule is the current calendar year plus TWO prior calendar years. Longer overlays apply: 5 years for annuity transaction records and for public adjusters, 3 years after discharge for bail bonds.