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Colorado Revised Statutes Title 10. Insurance § 10-4-1605. Required disclosures--reimbursement insurance policy

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Colorado Revised Statutes Title 10. Insurance § 10-4-1605. Required disclosures--reimbursement insurance policy - last updated January 01, 2025 | https://codes.findlaw.com/co/title-10-insurance/co-rev-st-sect-10-4-1605/

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