Louisiana Bail Bonds test study guide
UPDATED ACTUAL Questions and
CORRECT Answers
how many days prior to your apprenticeship are you required to register with the department of
insurance? - CORRECT ANSWER - at least 10
how long is an apprenticeship? - CORRECT ANSWER - 3 months, no less than 24 hours a
week.
what can you not do in your apprenticeship? - CORRECT ANSWER - solicitation,
negotiation, quotation of fees, and executation of bonds
can a person who has been convicted of a felony allowed to participate in the apprenticeship
program? - CORRECT ANSWER - no
how long after the prelicensimg education course do you have to sit for your examination? -
CORRECT ANSWER - one year
how long is the prelicensing program? - CORRECT ANSWER - 8 hours
commission - CORRECT ANSWER - sets the rules and regulations
how long is continuing education? - CORRECT ANSWER - 12 hours
nipr - CORRECT ANSWER - national insurance producer registry
how many days do you have to notify the department of insurance of a change of address? -
CORRECT ANSWER - within 30 days
, who is not required to be fingerprinted? - CORRECT ANSWER - non resident, already
actively licensed as a resident adding a new type or line of authority, reinstating within 2 years of
lapse.
Authorized Insurer - CORRECT ANSWER - insurer who has received a Certificate of
Authority from the department of insurance to transact insurance in this state
Business Entity - CORRECT ANSWER - a corporation, association, partnership, limited
liability company, limited liability partnership, or other legal entity
commission - CORRECT ANSWER - fee paid to an insurance producer
home state - CORRECT ANSWER - the district of Columbia or any state or territory of
the United States
Insurance Producer - CORRECT ANSWER - A person required to be licensed under the
laws of this state to sell, solicit, or negotiate insurance
Insurer - CORRECT ANSWER - every person engaged in the business of making
contracts of insurance
license - CORRECT ANSWER - a document issued by this states commissioner of
insurance authorizing a person to act as an insurance producer.
Limited Line Credit Insurance - CORRECT ANSWER - includes credit life, credit
disability, credit property, credit unemployment, involuntary unemployment, mortgage life,
mortgage disability and any other form of insurance offered in connection with an extension of
credit that is limited to partially or wholly extinguishing that credit obligation that the
commissioner of insurance determines
UPDATED ACTUAL Questions and
CORRECT Answers
how many days prior to your apprenticeship are you required to register with the department of
insurance? - CORRECT ANSWER - at least 10
how long is an apprenticeship? - CORRECT ANSWER - 3 months, no less than 24 hours a
week.
what can you not do in your apprenticeship? - CORRECT ANSWER - solicitation,
negotiation, quotation of fees, and executation of bonds
can a person who has been convicted of a felony allowed to participate in the apprenticeship
program? - CORRECT ANSWER - no
how long after the prelicensimg education course do you have to sit for your examination? -
CORRECT ANSWER - one year
how long is the prelicensing program? - CORRECT ANSWER - 8 hours
commission - CORRECT ANSWER - sets the rules and regulations
how long is continuing education? - CORRECT ANSWER - 12 hours
nipr - CORRECT ANSWER - national insurance producer registry
how many days do you have to notify the department of insurance of a change of address? -
CORRECT ANSWER - within 30 days
, who is not required to be fingerprinted? - CORRECT ANSWER - non resident, already
actively licensed as a resident adding a new type or line of authority, reinstating within 2 years of
lapse.
Authorized Insurer - CORRECT ANSWER - insurer who has received a Certificate of
Authority from the department of insurance to transact insurance in this state
Business Entity - CORRECT ANSWER - a corporation, association, partnership, limited
liability company, limited liability partnership, or other legal entity
commission - CORRECT ANSWER - fee paid to an insurance producer
home state - CORRECT ANSWER - the district of Columbia or any state or territory of
the United States
Insurance Producer - CORRECT ANSWER - A person required to be licensed under the
laws of this state to sell, solicit, or negotiate insurance
Insurer - CORRECT ANSWER - every person engaged in the business of making
contracts of insurance
license - CORRECT ANSWER - a document issued by this states commissioner of
insurance authorizing a person to act as an insurance producer.
Limited Line Credit Insurance - CORRECT ANSWER - includes credit life, credit
disability, credit property, credit unemployment, involuntary unemployment, mortgage life,
mortgage disability and any other form of insurance offered in connection with an extension of
credit that is limited to partially or wholly extinguishing that credit obligation that the
commissioner of insurance determines
