State RegulationsCO specificDifficulty 2/5
Under C.R.S. § 10-7-302(1)(g), where must the notice of the life policy free-look right appear?
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
C.R.S. § 10-7-302(1)(g) requires the free-look notice to appear on the first page of every Colorado life policy, telling the policyholder the policy may be returned within 15 days of delivery for a refund of premium. Placing the notice on the first page guarantees the disclosure is seen when the contract itself is reviewed. It is a statutory content requirement for the policy form, not an optional producer handout or a filing exercise.
Why the other options are wrong
- A) The notice is a first-page feature of the policy itself, not an annual mailing at renewal.
- B) An illustration is sales material; the statute requires the notice in the policy, on its first page.
- D) No separate filing card satisfies the statute; the notice must be printed on the policy's first page.
Memory hook
Page one, no hiding — the free-look notice greets you at the front door.