{"data":{"id":"us-co/c.r.s.-10-7-706","jurisdiction":"us-co","citation":"C.R.S. § 10-7-706","heading":"Reliance on statements.","body":"An insurer is entitled to rely upon all reasonable statements, declarations, and representations made by an applicant for life insurance relative to the existence of an insurable interest. No insurer incurs legal liability, except as set forth in the policy, by virtue of untrue statements, declarations, or representations relied upon in good faith by the insurer.","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":"28d384387d7977dc9a0e9b527052b69e45c23bcf7ce8ea68e89f7e24d1610259","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-10-7-705","next":"us-co/c.r.s.-10-7-707"},"notice":"GroundRules: Original legal text. Not legal advice."}