LOUISIANA INSURANCE ADJUSTER
ACTUAL EXAM PAPER 2026 FULL
QUESTIONS AND VERIFIED SOLUTIONS
⩥ The policy owner wants to make sure that upon his death, the life
policy will pay a portion of the proceeds annually to his spouse, but that
the principal will be paid to their children when they reach a certain age.
What settlement option should the policy owner choose. Answer:
interest only option
⩥ What is the purpose of the rehabilitation benefit in disability
insurance. Answer: To cover the expenses of retaining the insured to
return to work
⩥ When a group health insurance plan is terminated, how long is an
extension of benefits provided for any totally disabled employee or
dependent. Answer: 12 months
⩥ An individual purchased a Medicare supplement policy in March and
decided to replace it 2 months later. His history of coronary artery
disease is considered a pre-existing condition. Which of the following is
true?
a. Coronary artery disease coverage will be permanently excluded from
the new policy
,b. In replacement, pre-existing conditions must be waived, so sickness
relating to coronary artery disease will be covered upon the policy's
effective date
c. Because this is a new policy, the pre-existing condition waiting period
starts over
d. The pre-existing condition waiting period is fulfilled in the old policy
will be transferred to the new policy, the new one picking up where the
old one left off. Answer: D
⩥ All of the following are penalties for violating the statutes pertaining
to sharing commissions EXCEPT
a. Additional continuing education in ethics
b. Fine up to $5,000
c. imprisonment for up to 2 years
d. License revocation. Answer: C.
⩥ which of the following producers will be required to complete
continuing education hours to renew his license?
a. a nonresident producer who only completed continuing education in
his own state
b. A producer who is serving a term as a member of the legislature
c. A producer licensed 4 years ago who holds only one line of authority
d. a 67-year-old who sells life insurance policies for a licensed insurer.
Answer: C
, ⩥ In insurance policies, the insured is not legally bound to any particular
action in the insurance contract, but the insurer is legally obligated to
pay losses covered by the policy. what contract element does this
describe?. Answer: Unilateral
⩥ All other factors being equal, what would the premium be like in a
survivorship as compared to the premium in a joint life policy?. Answer:
Lower
⩥ Which nonforfeiture option has the highest amount of insurance
protection?. Answer: Extended term
⩥ An insured has a Level Term Life insurance policy that is guaranteed
renewable and also includes a re-entry provision. The re-entry provisions
would allow the insured to renew the policy and. Answer: Pay a lower
renewal premium by proving insurability
⩥ A health insurance company can refuse coverage solely for which of
the following reasons?
a. Gender of applicant
b. Marital status of applicant
c. Applicant's past medical history
d. Sickle-cell trait in applicant. Answer: C
ACTUAL EXAM PAPER 2026 FULL
QUESTIONS AND VERIFIED SOLUTIONS
⩥ The policy owner wants to make sure that upon his death, the life
policy will pay a portion of the proceeds annually to his spouse, but that
the principal will be paid to their children when they reach a certain age.
What settlement option should the policy owner choose. Answer:
interest only option
⩥ What is the purpose of the rehabilitation benefit in disability
insurance. Answer: To cover the expenses of retaining the insured to
return to work
⩥ When a group health insurance plan is terminated, how long is an
extension of benefits provided for any totally disabled employee or
dependent. Answer: 12 months
⩥ An individual purchased a Medicare supplement policy in March and
decided to replace it 2 months later. His history of coronary artery
disease is considered a pre-existing condition. Which of the following is
true?
a. Coronary artery disease coverage will be permanently excluded from
the new policy
,b. In replacement, pre-existing conditions must be waived, so sickness
relating to coronary artery disease will be covered upon the policy's
effective date
c. Because this is a new policy, the pre-existing condition waiting period
starts over
d. The pre-existing condition waiting period is fulfilled in the old policy
will be transferred to the new policy, the new one picking up where the
old one left off. Answer: D
⩥ All of the following are penalties for violating the statutes pertaining
to sharing commissions EXCEPT
a. Additional continuing education in ethics
b. Fine up to $5,000
c. imprisonment for up to 2 years
d. License revocation. Answer: C.
⩥ which of the following producers will be required to complete
continuing education hours to renew his license?
a. a nonresident producer who only completed continuing education in
his own state
b. A producer who is serving a term as a member of the legislature
c. A producer licensed 4 years ago who holds only one line of authority
d. a 67-year-old who sells life insurance policies for a licensed insurer.
Answer: C
, ⩥ In insurance policies, the insured is not legally bound to any particular
action in the insurance contract, but the insurer is legally obligated to
pay losses covered by the policy. what contract element does this
describe?. Answer: Unilateral
⩥ All other factors being equal, what would the premium be like in a
survivorship as compared to the premium in a joint life policy?. Answer:
Lower
⩥ Which nonforfeiture option has the highest amount of insurance
protection?. Answer: Extended term
⩥ An insured has a Level Term Life insurance policy that is guaranteed
renewable and also includes a re-entry provision. The re-entry provisions
would allow the insured to renew the policy and. Answer: Pay a lower
renewal premium by proving insurability
⩥ A health insurance company can refuse coverage solely for which of
the following reasons?
a. Gender of applicant
b. Marital status of applicant
c. Applicant's past medical history
d. Sickle-cell trait in applicant. Answer: C
