(1) The following applicants shall be
exempt from the written examination requirements set forth in section 10-2-402:
(a) An individual who applies for an insurance producer license in this state who was
previously licensed for the same lines of authority in this state or another state shall not be
required to complete any prelicensing education or examination. This exemption is only
available to a nonresident applicant if:
(I) (A) The person is currently licensed in his or her home state for the same line or lines
of authority; or
(B) The application is received within twelve months after the cancellation of the
applicant's previous license; and
(II) (A) The prior state issues a certification that, at the time of cancellation, the
applicant was in good standing in that state; or
(B) The state's producer database records, maintained by the national association of
insurance commissioners or its affiliates or subsidiaries, indicate that the producer is or was
licensed in good standing for the line of authority requested.
(b) An individual applicant for a health maintenance organization or nonprofit hospital
representative producer license or a travel-ticket-selling insurance producer license to solicit,
procure, and deliver accident and health or travel baggage insurance policies offered by a life,
casualty, or multiple-line insurer licensed in this state;
(b.5) A person licensed as an insurance producer in another state who moves to this state
shall make application within ninety days after establishing legal residence to become a resident
licensee pursuant to section 10-2-404. No prelicensing education or examination shall be
required of that person to obtain any line of authority previously held in the prior state except
where the insurance commissioner determines otherwise by regulation.
(c) An individual applicant who holds the designation of chartered life underwriter
("CLU"); except that such individual is not exempt from that portion of the examination
pertaining to Colorado laws and rules pertinent to life insurance and health coverage insurance;
(d) An individual applicant who has attained the designation of chartered property and
casualty underwriter ("CPCU"); except that such individual is not exempt from taking that
portion of the examination pertaining to Colorado laws and rules pertaining to property, casualty,
or health coverage;
(e) A nonresident individual applicant who is in compliance with section 10-2-501
(1)(a);
(f) A licensed life insurance producer applicant for a variable contracts license who is in
compliance with the qualification requirement in section 10-2-407;
(g) An individual applicant who holds the designation of chartered financial consultant
("ChFC"); except that such individual is not exempt from that portion of the examination
pertaining to Colorado laws and rules pertinent to life insurance and health coverage insurance;
(h) An individual applicant who holds the designation of registered health underwriter
("RHU"); except that such individual is not exempt from that portion of the examination
pertaining to Colorado laws and rules pertinent to life insurance and health coverage insurance.‹ Prev All Colorado sections Next ›
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