LA Bail Bonds Test Questions and
Correct Answers
Alien insurer
One formed under any country other than the US
Approved unauthorized insurer
An insurer without a certificate of authority or otherwise qualified under the
provisions of this code and which is on the list of approved unauthorized insurers
under the provisions of RS 22:436 and from which a licensed surplus lines broker
may procure insurance under provisions of RS 22:432 .
Authorized insurer
And insurer with a certificate of authority or license issued under provisions of
this code or otherwise qualified under RS 22:481 .
Department
DOI or Department of Insurance
Domestic Insurer
One formed under laws of this state (LA)
, Foreign Insurer
One formed under the laws of any other state or territory of the US or the DC
Insurer
Includes every person engaged in the business of making contracts of insurance
other than a fraternal benefit society
Life insurer
All insurers issuing life insurance contracts, including industrial and service
insurers.
Officer
Means a president, Vice President, treasurer, actuary, secretary, controller, and
any other person who performs for the company functions corresponding to
those performed by the foregoing officers.
Person
Correct Answers
Alien insurer
One formed under any country other than the US
Approved unauthorized insurer
An insurer without a certificate of authority or otherwise qualified under the
provisions of this code and which is on the list of approved unauthorized insurers
under the provisions of RS 22:436 and from which a licensed surplus lines broker
may procure insurance under provisions of RS 22:432 .
Authorized insurer
And insurer with a certificate of authority or license issued under provisions of
this code or otherwise qualified under RS 22:481 .
Department
DOI or Department of Insurance
Domestic Insurer
One formed under laws of this state (LA)
, Foreign Insurer
One formed under the laws of any other state or territory of the US or the DC
Insurer
Includes every person engaged in the business of making contracts of insurance
other than a fraternal benefit society
Life insurer
All insurers issuing life insurance contracts, including industrial and service
insurers.
Officer
Means a president, Vice President, treasurer, actuary, secretary, controller, and
any other person who performs for the company functions corresponding to
those performed by the foregoing officers.
Person
