Third-party ownership of individual sickness and accident insurance policies

C.R.S. § 10-16-206
in effect
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10-16-206. Third-party ownership of individual sickness and accident insurance policies. The word "insured", as used in part 1 of this article and this part 2, shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits, and rights provided therein.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-10.docx#10-16-206Fetched: 10/6/2026

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