Louisiana Laws and Rules Exam Newest Exam / Louisiana Laws and Rules
Exam Preparation
LOUISIANA LAWS AND RULES EXAM NEWEST EXAM / LOUISIANA LAWS
AND RULES EXAM PREPARATION/ LOUISIANA LAWS AND RULES EXAM
PRACTICE EXAM WITH COMPLETE QUESTIONS AND CORRECT
ANSWERS| BRAND NEW VERSION!
A nonresident producer from a state outside of Louisiana may become licensed in
louisiana IF a(n) - Correct Answer-reciprocal arrangements exists with the state of
domicile
which of the following unfair trade practices involves a producer who makes
malicious public statements regarding an insurer's financial condition? - Correct
Answer-Defamation
an eligible employee can be excluded from group health coverage for up to ___
Months if he/she is considered a "late enrollee". - Correct Answer-18
in Louisiana, legal action can be taken for up to ___ year(s) against an insurer for
failure to pay health insurance claims after proof of loss was submitted. - Correct
Answer-1
a licensed producer MUST be _________ by an insurer to be eligible for soliciting
insurance contracts. - Correct Answer-Appointed
when the commissioner of insurance requests a producer's business records, they
must be produced - Correct Answer-Upon request
1|Page
, Louisiana Laws and Rules Exam Newest Exam / Louisiana Laws and Rules
Exam Preparation
an insurance producer who convinces a prospective insured to purchase a policy
by exaggerating the benefits of the policy may be found guilty of - Correct Answer-
Misrepresentation
The louisiana life and health insurance Guaranty Association - Correct Answer-
Protects insureds from insurance company insolvency
Which of the following is NOT information found in a life insurance buyer's guide?
- Correct Answer-How to take legal action against an insurance company
______ life is designed to pay the balance of a loan if the insured dies before
repayment of the loan. - Correct Answer-Credit
How often must an insurance producer's license in Louisiana be renewed? -
Correct Answer-Every two years
In order for a business entity to be licensed as a producer, - Correct Answer-a
licensed producer must be designated as responsible for compliance with state
insurance laws
When a small employer health insurance plan is offered, it must be available -
Correct Answer-to all eligible employees who apply
Sharon the producer intentionally submitted a false statement in support of a
claim. This is considered a form of - Correct Answer-Fraud
2|Page
, Louisiana Laws and Rules Exam Newest Exam / Louisiana Laws and Rules
Exam Preparation
an example of unfair discrimination would be - Correct Answer-Charging different
premiums for policyowners in the same risk classification
charles is a producer who is licensed in louisiana but resides in mississippi. Charles
is considered to be a(n) - Correct Answer-Nonresident producer
Karen the producer pays for her client's initial premium payment as an incentive
for purchase. this act is considered a(n) - Correct Answer-Rebate
an indemnity plan limitation that will pay the dental bills after a small amount is
paid by the insured is called - Correct Answer-Coinsurance
according to Louisiana law, group life insurance conversion privileges must NOT -
Correct Answer-Require evidence of insurability
after ___ year(s) from date of issue, a policy can no longer be cancelled by the
insurer for misstatements (except for fraud). - Correct Answer-3
An arkansas resident producer who would like to solicit insurance in louisiana
must obtain a nonresident license in louisiana. which of these is NOT a
requirement for obtaining a nonresident license? - Correct Answer-Pass louisiana's
state licensing exam
3|Page
Exam Preparation
LOUISIANA LAWS AND RULES EXAM NEWEST EXAM / LOUISIANA LAWS
AND RULES EXAM PREPARATION/ LOUISIANA LAWS AND RULES EXAM
PRACTICE EXAM WITH COMPLETE QUESTIONS AND CORRECT
ANSWERS| BRAND NEW VERSION!
A nonresident producer from a state outside of Louisiana may become licensed in
louisiana IF a(n) - Correct Answer-reciprocal arrangements exists with the state of
domicile
which of the following unfair trade practices involves a producer who makes
malicious public statements regarding an insurer's financial condition? - Correct
Answer-Defamation
an eligible employee can be excluded from group health coverage for up to ___
Months if he/she is considered a "late enrollee". - Correct Answer-18
in Louisiana, legal action can be taken for up to ___ year(s) against an insurer for
failure to pay health insurance claims after proof of loss was submitted. - Correct
Answer-1
a licensed producer MUST be _________ by an insurer to be eligible for soliciting
insurance contracts. - Correct Answer-Appointed
when the commissioner of insurance requests a producer's business records, they
must be produced - Correct Answer-Upon request
1|Page
, Louisiana Laws and Rules Exam Newest Exam / Louisiana Laws and Rules
Exam Preparation
an insurance producer who convinces a prospective insured to purchase a policy
by exaggerating the benefits of the policy may be found guilty of - Correct Answer-
Misrepresentation
The louisiana life and health insurance Guaranty Association - Correct Answer-
Protects insureds from insurance company insolvency
Which of the following is NOT information found in a life insurance buyer's guide?
- Correct Answer-How to take legal action against an insurance company
______ life is designed to pay the balance of a loan if the insured dies before
repayment of the loan. - Correct Answer-Credit
How often must an insurance producer's license in Louisiana be renewed? -
Correct Answer-Every two years
In order for a business entity to be licensed as a producer, - Correct Answer-a
licensed producer must be designated as responsible for compliance with state
insurance laws
When a small employer health insurance plan is offered, it must be available -
Correct Answer-to all eligible employees who apply
Sharon the producer intentionally submitted a false statement in support of a
claim. This is considered a form of - Correct Answer-Fraud
2|Page
, Louisiana Laws and Rules Exam Newest Exam / Louisiana Laws and Rules
Exam Preparation
an example of unfair discrimination would be - Correct Answer-Charging different
premiums for policyowners in the same risk classification
charles is a producer who is licensed in louisiana but resides in mississippi. Charles
is considered to be a(n) - Correct Answer-Nonresident producer
Karen the producer pays for her client's initial premium payment as an incentive
for purchase. this act is considered a(n) - Correct Answer-Rebate
an indemnity plan limitation that will pay the dental bills after a small amount is
paid by the insured is called - Correct Answer-Coinsurance
according to Louisiana law, group life insurance conversion privileges must NOT -
Correct Answer-Require evidence of insurability
after ___ year(s) from date of issue, a policy can no longer be cancelled by the
insurer for misstatements (except for fraud). - Correct Answer-3
An arkansas resident producer who would like to solicit insurance in louisiana
must obtain a nonresident license in louisiana. which of these is NOT a
requirement for obtaining a nonresident license? - Correct Answer-Pass louisiana's
state licensing exam
3|Page
