US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Colorado Code » Title 10 - Insurance » Article 7 - Life Insurance » Part 7 - Insurable Interest Act » § 10-7-709. Actions to Recover Death Benefits

If the beneficiary, assignee, or other payee received the death benefits under a life insurance policy procured or effected in violation of this article, the personal representative of the insured’s estate or other lawfully acting agent may maintain an action to recover the death benefits from the person receiving them.

Source: L. 2011: Entire part added, (SB 11-182), ch. 227, p. 976, § 1, effective May 27.