Department of Insurance, Securities and Banking

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The Department of Insurance, Securities and Banking has a new address: 1050 First Street, NE, Suite 801, Washington, DC 20002.

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Colorado Bankers Life Insurance Company

Wednesday, October 2, 2013
This rate filing was recently submitted and closed due to lack of a timely response by the Company. Please see SERFF tracking no. FDLB-129093451. This filing addresses the objection items from that filing, please see below.  
P-CI-PX 2013 DC is an individual critical illness only insurance policy (not subject to ACA or PPCA) issued to ages 17-75 with a 35% reduction at age 65 and a 15% reduction at age 70. The policy pays a maximum of 150% of the initial face amount for the conditions that are covered other than covered skin cancer; and for covered skin cancer it pays a one time, fixed amount. The policy is a simplified issued policy at face amount levels of $5,000-$50,000 in increments of $5,000. 

Status: Pending State Action
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