Colo. Rev. Stat. § 8-44-116
Current through Acts effective through 7/1/2024 of the 2024 Legislative Session
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.
C.R.S. § 8-44-116