Colorado Revised Statutes Title 8. Labor and Industry § 8-44-116. Reversionary interests in indemnity benefits prohibited

No provision in a contract for insurance regulated by this article or any contract ancillary to such a contract, including specifically a contract setting up an annuity for indemnity benefits, shall establish a reversionary interest in the insurer for the indemnity benefits.  Any such provision is void and unenforceable as against public policy.

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