{"data":{"id":"us-co/c.r.s.-10-7-705","jurisdiction":"us-co","citation":"C.R.S. § 10-7-705","heading":"Insured's own life.","body":"An individual has an insurable interest in the individual's own life, and an individual of competent legal capacity who procures or effects a policy on the individual's own life may designate any person as the beneficiary and, unless the individual elects an irrevocable beneficiary designation, change the beneficiary at any time thereafter.","path":["Title INSURANCE - MUTUAL INSURANCE","Article 7 - Life Insurance","Part 7 - INSURABLE INTEREST ACT"],"source_url":"https://olls.info/crs/crs2026-title-10.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"303c6aa5742d2b866401e54d7967389cd3c9f42015d1b9ae7e70ad70bb06dad7","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-10-7-704","next":"us-co/c.r.s.-10-7-706"},"notice":"GroundRules: Original legal text. Not legal advice."}