Colorado · Life
Colorado Life Producer — Pre-Licensing
This course is approved by the Colorado Division of Insurance for Pre-Licensing Education credit, 50.00 hours, self-study. Course #67711, Provider #237818 (Elite Online Training Academy LLC). Colorado requires approved pre-licensing education before you sit for this exam, and this course satisfies that requirement. Cost is shown above; see our cancellation and refund policy.
You may not need this course if you were previously licensed for the same line in a reciprocal state, or if you completed the full curriculum for a designation Colorado Regulation 1-2-5 accepts for this line (for example CPCU, CIC, AAI or ARM for property and casualty, or CLU or ChFC for life). Check with the Colorado Division of Insurance before you enroll. Compare Colorado courses.
10
Sections
71
Lessons
900+
Practice questions
What you'll learn
Every section below is aligned with the Colorado content outline.
Section 1I. Types of Policies9 lessons+
I. Types of Policies
9 lessons
- Term Life Insurance: Forms, Features, and When to Recommend
- Whole Life Insurance: Permanent Coverage with Cash Value
- Universal Life Insurance: Flexible Premium Permanent Coverage
- Variable Life and Variable Universal Life: Securities-Regulated Permanent Coverage
- Indexed Universal Life: Index-Linked Crediting on a Permanent Chassis
- Endowment Contracts: Historical Forms and Modern Treatment
- Industrial Life vs. Ordinary Life: Distribution and Premium Mechanics
- Group Life Insurance: Master Contracts, Certificates, and Conversion
- Credit Life Insurance: Loan-Linked Coverage and Regulatory Limits
Section 2II. Policy Riders, Provisions, Options, and Exclusions11 lessons+
II. Policy Riders, Provisions, Options, and Exclusions
11 lessons
- Riders Affecting the Insured: Waiver of Premium, Payor Benefit, AD&D
- Living-Benefit Riders: Accelerated Death Benefits and LTC Hybrid Coverage
- Insurability and Benefit Riders: GIO, ROP, COL, and Disability Income
- Family Riders: Adding Coverage for Spouse and Children
- Required Life Policy Provisions: Insuring Clause, Free Look, Ownership, Assignment
- Beneficiary Designations: Primary, Contingent, Revocable, and Common-Disaster Rules
- Premium Provisions: Grace Period, Automatic Premium Loan, and Reinstatement
- Contestability, Suicide Clause, and Common Life Exclusions
- Settlement Options: How Death Benefit Proceeds Are Paid
- Dividend Options on Participating Policies
- Nonforfeiture Options: Cash Surrender, Reduced Paid-Up, Extended Term
Section 3III. Completing the Application, Underwriting, and Delivering the Policy9 lessons+
III. Completing the Application, Underwriting, and Delivering the Policy
9 lessons
- Completing the Life Insurance Application
- Conditional and Binding Receipts: When Coverage Begins
- Underwriting Information Sources: MIB, APS, Paramedical, Inspection, Consumer Reports
- FCRA in Life Underwriting: Reports, Notices, and Consumer Rights
- Risk Classification and STOLI
- USA PATRIOT Act and AML Compliance for Life Producers
- HIPAA, GLBA, and Privacy in Life Underwriting
- Life Insurance Policy Delivery: Mechanics and Free-Look
- Replacement of Life Insurance: Notice, Comparison Forms, and Producer Duties
Section 4IV. Premiums, Proceeds, and Beneficiaries7 lessons+
IV. Premiums, Proceeds, and Beneficiaries
7 lessons
- How Life Insurance Premiums Are Calculated
- Premium Modes and Level vs. Flexible Premium Structures
- Cash Value Access: Loans, Withdrawals, and Surrender
- Death Benefit Settlement Mechanics: Income Stream and Tax
- Income Tax Treatment of Life Insurance Proceeds
- Estate and Gift Tax Treatment of Life Insurance
- Modified Endowment Contracts: 7-Pay Test and Tax Consequences
Section 5V. Annuities9 lessons+
V. Annuities
9 lessons
- Annuity Structure: Owner, Annuitant, Beneficiary, and the Two Phases
- Annuity Funding: Single-Premium and Flexible-Premium Structures
- Immediate vs. Deferred Annuities
- Fixed Annuities: Guaranteed Returns and General Account Backing
- Variable Annuities: Separate-Account Investment with Securities Regulation
- Fixed-Indexed Annuities: Index-Linked Crediting on a General-Account Chassis
- Annuity Payout Options
- Annuity Taxation: Accumulation, Withdrawals, Annuitization
- Annuity Uses and Suitability Requirements
Section 6VI. Federal Tax Considerations for Life Insurance and Annuities5 lessons+
VI. Federal Tax Considerations for Life Insurance and Annuities
5 lessons
- IRC §7702: How a Life Policy Qualifies as Life Insurance for Tax
- MEC Rules in Detail: 7-Pay Test, Material Change, and Distribution Tax
- §1035 Exchanges: Tax-Free Transfers Between Life, Annuity, and LTC Contracts
- Tax Treatment of Policy Loans, Partial Withdrawals, and Surrenders
- Transfer-for-Value Rule and Life Settlement Taxation
Section 7VII. Qualified Plans and Federal Retirement Plans6 lessons+
VII. Qualified Plans and Federal Retirement Plans
6 lessons
- Traditional and Roth IRAs
- SEP and SIMPLE IRAs: Small-Business Retirement Plans
- 401(k), 403(b), and 457: Employer-Sponsored Defined Contribution Plans
- Defined Benefit vs. Defined Contribution Plans, and ERISA Basics
- Qualified Plan Rollovers: Direct, Indirect, and the 20% Withholding Trap
- Social Security: Retirement, Survivor, and Disability Benefits
Section 8VIII. Insurance Ethics5 lessons+
VIII. Insurance Ethics
5 lessons
- The producer as a fiduciary — duties to the client, the insurer, and the public
- Fair dealing, suitability, and avoiding conflicts of interest
- Prohibited practices — misrepresentation, twisting, churning, rebating, and defamation (generic NAIC framing)
- Handling client money and information — trust accounts, privacy, and record integrity
- Professionalism in practice — case studies in ethical decision-making
Section 9IX. Colorado Insurance Code and Division of Insurance5 lessons+
IX. Colorado Insurance Code and Division of Insurance
5 lessons
- Colorado Division of Insurance — Authority, Examinations, Orders, Penalties
- Colorado Producer Licensing — Qualifications, Prelicensing, CE, Appointment, Termination
- Colorado Unfair Trade Practices, Statutory Bad Faith, and Algorithmic Discrimination
- Colorado Claims Handling — Acknowledgment, Investigation, Wildfire Protections
- Colorado Rating, Underwriting, Cancellation, and Residual Markets
Section 10X. Colorado Statutes Pertinent to Life Insurance5 lessons+
X. Colorado Statutes Pertinent to Life Insurance
5 lessons
- Colorado Life Producer Licensing and Market Conduct — Appointment, Advertising, and Prohibited Practices
- Colorado Life and Annuity Replacement Regulation and the Free-Look Period
- Colorado Required Life Policy Provisions and Unfair Claims Settlement
- Colorado Annuity Best-Interest Suitability, Disclosure, and Senior Protections
- Colorado Life Guaranty Association, Viatical/Life Settlements, and Accelerated Death Benefits
How it works
1
Enroll
One-time payment of $49.99. Secure checkout powered by Stripe.
2
Study on your schedule
Read the lesson library, take section quizzes, and work through the practice-question bank as many times as you need.
3
Complete the course
Finish every section and the final exam to earn your completion certificate, then follow the Colorado Department of Insurance steps to apply for your license. Check the DOI to see whether you still need to sit for the state exam.
FAQ
What is this Colorado Life pre-licensing course?+
This is a 50-hour state-regulated pre-licensing education course for the Colorado Life license, delivered online and self-paced.
Do I still have to take the Colorado state exam?+
Completing pre-licensing education does not by itself license you. Colorado sets its own exam, fingerprint and application steps, and some applicants are exempt from the exam. Check the Colorado Department of Insurance website for the rule that applies to you before you register and pay for any exam.
Does the course include AI tutoring?+
Yes -- every lesson page has a built-in AI tutor, included with the course at no extra cost. It can explain the current lesson in simpler terms, quiz you one question at a time, and tell you what to study next based on your actual quiz results. If you already use Claude or ChatGPT, you can also connect your own AI assistant to your course from your account page, so it can coach you using your real progress and practice questions.
Can I study on my phone?+
Yes. The course works on any phone, tablet, or computer with a browser -- no installs or downloads required -- and your progress, quiz scores, and seat time sync automatically across devices. Materials stay online rather than as downloadable files so that every study session reflects the current version of the content; there is nothing stale sitting in a folder after a state changes its rules.
Can I fit this course around a full-time job?+
It is built for that. The course is fully self-paced with no schedules, live sessions, or deadlines: study in short sessions from your phone during a commute or lunch break, and pick up exactly where you left off on any device. The AI tutor points you to the sections your quiz results show you need most, so limited study time goes where it counts.
How long do I have access to the course?+
Lifetime. After purchase you are enrolled immediately and can log in from any device -- laptop, tablet, or phone. Your progress syncs automatically and access never expires.
Can I get a refund?+
Yes. Within 7 days of purchase and before you have completed more than 25% of the course or started the final exam, you can request a full refund. Email support@theelitecompany.com with your order number; refunds process to the original payment method within 5-10 business days.
Ready to start studying?
Enroll once, keep access forever, pass your exam with confidence.
$49.99 · 7-day money-back · Lifetime access