All of the following penalties apply to anyone giving intentional false testimony during an insurance examination EXCEPT?

The correct answer indicates that intentionally providing false testimony during an insurance examination does not result in being classified as guilty of a felony. In many states, including Colorado, the penalties for giving false testimony during insurance investigations typically involve misdemeanor charges rather than felony charges. This is significant because misdemeanors usually carry less severe consequences compared to felonies, which can result in longer prison sentences and more substantial impacts on one’s criminal record.

In most situations, the penalties for such actions would include fines, potential short-term imprisonment, or misdemeanor charges, which aligns more closely with common statutes governing insurance fraud and related offenses. The other options detail penalties that could realistically apply in these scenarios, such as imprisonment up to three months, a misdemeanor charge, and significant fines up to $5,000. The absence of a felony charge is critical in understanding the legal framework surrounding insurance examination violations.