Colo. Rev. Stat. § 10-4-1605
Required disclosures - reimbursement insurance policy
Colorado · Colorado Revised Statutes Title 10 — Insurance · Status: effective
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- Colo. Rev. Stat. § 10-4-1605, Required disclosures - reimbursement insurance policy, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2288254
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Full text
(1) Reimbursement insurance policies insuring service contracts issued, sold, or offered for sale must state that the reimbursement insurance company shall either:
(a) Reimburse or pay on behalf of the provider any covered sums the provider is obligated to pay under the service contract; or
(b) In the event of the provider's nonperformance, provide the service that the provider must perform according to the terms and conditions of the service contract.