Louisiana Life, Accident and Health Practice Exam Test
COMPREHENSIVE TEST BANK REVIEW FINAL
EXAM 2026-2027 \LATEST UPDATE WITH
COMPLETE 200 QUESTIONS AND CORRECT
DETAILED ANSWERS\VERIFIED 100% ALREADY
GRADED A+
If a producer changes their mailing, work, or home address, the
Department must be notified of the change on an official
"Change of Address"
form available on the LA Department of Insurance website, or face a
fine.
ANSWERS: within 10 days
Assuming CE requirements have been met, how is the life agent's
license renewed?
ANSWERS: Pay the renewal billing notice the Dept sends out 90
days before the renewal date
To renew a resident individual producer's license, you must complete
_______ hours of continuing education each renewal period.
ANSWERS: 24 hours
,The CE requirement does not apply to specialty or limited licenses, such
as, industrial fire, credit life, credit health, credit property, or
accidental death and dismemberment.
ANSWERS: False
John became disabled and cannot conduct his insurance business. His
legally appointed representative may get a temporary license to
handle the business for him for a period up to _.
ANSWERS: 180 days
If a producer's license is revoked, it is not possible to reapply.
ANSWERS: False
A District Court Judge found James, a producer, guilty of a
misdemeanor petty theft. James must
ANSWERS: Report the ruling to the Commissioner within 30 days.
,To maintain your license, every licensee must:
Select one:
a. complete a certain number of hours in continuing education.
b. maintain satisfactory conduct.
c. send in the renewal application and pay renewal fees.
d. All of the above
Of the items listed below, which are requirements for a life & disability
insurance analyst license?
a. The applicant must have a good general reputation
b. The applicant must be at least 18 years of age
c. The applicant must have a thorough knowledge of life &
disability insurance
d. These are all required
Sam's appointment to sell insurance for XYZ Insurance Company has
been terminated by the company after the company found evidence
Sam
committed fraud. XYZ has _________ to notify the Insurance Department of
the termination.
10 Days
Unless the Commissioner decides to revoke, non-renew or
suspend your license, it will expire _.
Every two years
, When someone accuses a producer of violating the Insurance
Code and demands a hearing, that hearing must be held
within _____________________________________________ days of the
demand.
30 days
_____________ - when a producer influences a consumer to replace a
present
policy with a different one. This is only acceptable if the producer
gave the consumer better coverage or a better deal.
Twisting
This federal law was enacted in 1971 and administered by the Federal
Trade Commission. It makes clear that consumers have the right to
know what information is being circulated about them and that the
information is
accurate and relevant for purposes that it is being accessed?
Fair Credit Reporting Act (FCRA)
The federal act that mandates that a credit reporting company
responds to a consumer complaint when the company's credit
report inaccurately
reflects information about the consumer is known as:
Fair Credit Reporting Act (FCRA)
COMPREHENSIVE TEST BANK REVIEW FINAL
EXAM 2026-2027 \LATEST UPDATE WITH
COMPLETE 200 QUESTIONS AND CORRECT
DETAILED ANSWERS\VERIFIED 100% ALREADY
GRADED A+
If a producer changes their mailing, work, or home address, the
Department must be notified of the change on an official
"Change of Address"
form available on the LA Department of Insurance website, or face a
fine.
ANSWERS: within 10 days
Assuming CE requirements have been met, how is the life agent's
license renewed?
ANSWERS: Pay the renewal billing notice the Dept sends out 90
days before the renewal date
To renew a resident individual producer's license, you must complete
_______ hours of continuing education each renewal period.
ANSWERS: 24 hours
,The CE requirement does not apply to specialty or limited licenses, such
as, industrial fire, credit life, credit health, credit property, or
accidental death and dismemberment.
ANSWERS: False
John became disabled and cannot conduct his insurance business. His
legally appointed representative may get a temporary license to
handle the business for him for a period up to _.
ANSWERS: 180 days
If a producer's license is revoked, it is not possible to reapply.
ANSWERS: False
A District Court Judge found James, a producer, guilty of a
misdemeanor petty theft. James must
ANSWERS: Report the ruling to the Commissioner within 30 days.
,To maintain your license, every licensee must:
Select one:
a. complete a certain number of hours in continuing education.
b. maintain satisfactory conduct.
c. send in the renewal application and pay renewal fees.
d. All of the above
Of the items listed below, which are requirements for a life & disability
insurance analyst license?
a. The applicant must have a good general reputation
b. The applicant must be at least 18 years of age
c. The applicant must have a thorough knowledge of life &
disability insurance
d. These are all required
Sam's appointment to sell insurance for XYZ Insurance Company has
been terminated by the company after the company found evidence
Sam
committed fraud. XYZ has _________ to notify the Insurance Department of
the termination.
10 Days
Unless the Commissioner decides to revoke, non-renew or
suspend your license, it will expire _.
Every two years
, When someone accuses a producer of violating the Insurance
Code and demands a hearing, that hearing must be held
within _____________________________________________ days of the
demand.
30 days
_____________ - when a producer influences a consumer to replace a
present
policy with a different one. This is only acceptable if the producer
gave the consumer better coverage or a better deal.
Twisting
This federal law was enacted in 1971 and administered by the Federal
Trade Commission. It makes clear that consumers have the right to
know what information is being circulated about them and that the
information is
accurate and relevant for purposes that it is being accessed?
Fair Credit Reporting Act (FCRA)
The federal act that mandates that a credit reporting company
responds to a consumer complaint when the company's credit
report inaccurately
reflects information about the consumer is known as:
Fair Credit Reporting Act (FCRA)
