# C.R.S. § 10-2-407: 10-2-407. License - definitions of lines of insurance - authority

> Colorado · Statutes · Repealed

URL: https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-407

## Section

- **Citation:** C.R.S. § 10-2-407
- **Heading:** 10-2-407. License - definitions of lines of insurance - authority
- **Jurisdiction:** Colorado
- **Kind:** Statutes
- **Status:** Repealed
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** CO Code / Title 10 / Article 2 / Part 4 / Section 10-2-407

## Text

10-2-407. License - definitions of lines of insurance - authority. (1) Unless a person is denied licensure pursuant to section 10-2-801, the division shall issue to a person who has met the requirements of sections 10-2-401 and 10-2-404 an insurance producer license. An insurance producer may receive qualification for a single license to include one or more of the following lines of authority:

(a) "Life", which means insurance coverage on human lives that:

(I) Shall include benefits of endowment and annuities; and

(II) May include benefits for:

(A) The event of death or dismemberment by accident; and

(B) Disability income;

(b) "Accident and health", which means insurance coverage for sickness, bodily injury, or accidental death and that may include benefits for disability income;

(c) "Variable life and variable annuity products", which means insurance coverage provided under variable life insurance contracts and variable annuities;

(d) "Property", which means insurance coverage for the direct or consequential loss or damage to property of every kind;

(e) "Casualty", which means insurance coverage against legal liability, including that for death, injury, or disability or damage to real or personal property;

(f) Repealed.

(g) Limited lines credit insurance;

(h) Crop hail;

(i) Title;

(j) Surplus lines;

(k) Travel insurance, as defined in section 10-2-414.5;

(l) Health maintenance organizations ("HMO"); except that no person shall be issued a new license for this individual line of authority on or after January 1, 2002, pursuant to section 10-2-402;

(m) Nonprofits; except that no person shall be issued a new license for this individual line of authority on or after January 1, 2002, pursuant to section 10-2-402;

(n) "Personal lines", which means property and casualty insurance sold to individuals and families for primarily noncommercial purposes; or

(o) Any other line of insurance permitted under state law or regulation.

(2) (Deleted by amendment, L. 2001, p. 1199, § 14, effective January 1, 2002.)

(3) An insurance producer license for surplus lines may be issued to resident persons pursuant to article 5 of this title.

## Nearby sections

- [C.R.S. § 10-2-401 10-2-401. License required](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-401.md)
- [C.R.S. § 10-2-402 10-2-402. License examination requirement](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-402.md)
- [C.R.S. § 10-2-403 10-2-403. Exemption from license examination](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-403.md)
- [C.R.S. § 10-2-404 10-2-404. Application for license](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-404.md)
- [C.R.S. § 10-2-405 10-2-405. Residency - individuals - agencies](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-405.md)
- [C.R.S. § 10-2-406 10-2-406. Licensing of agencies](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-406.md)
- [C.R.S. § 10-2-407 10-2-407. License - definitions of lines of insurance - authority](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-407.md)
- [C.R.S. § 10-2-408 10-2-408. License - contents - continuation due date](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-408.md)
- [C.R.S. § 10-2-409 10-2-409. License - amendment - reissuance](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-409.md)
- [C.R.S. § 10-2-410 10-2-410. Temporary licensing](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-410.md)
- [C.R.S. § 10-2-411 10-2-411. Duplicate license](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-411.md)
- [C.R.S. § 10-2-412 10-2-412. Change of address - notification](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-412.md)
- [C.R.S. § 10-2-413 10-2-413. Fees](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-413.md)
- [C.R.S. § 10-2-414 10-2-414. Additional lines of authority - application for license](https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-414.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CO_T10_A2_P4_S10-2-407. Check the current official text before relying on it. Not legal advice.