Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
BOB BROOKS PROP ERTY & CAUSALITY
LICENSING Questions and Correct Answers
| Latest Update
to assure the public that only competent trustworthy individuals and other
entities sell insurance and to protect and promote the public interest
INSURANCE
a contract under which one party undertakes to pay another against loss
of a specified contingency or peril.
producers license (individual or business entity)
surplus lines broker license (prop & casualty producers)
LOUISIANA DEPARTMENT OF INSURANCE ISSUES 2 LICENSES:
INSURANCE COMPANY
Who is the Insurer?
CLIENT
Who is the insured?
~ 1 ~ for inquiry mail me @
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
YOU (US)
Who is the producer?
INDIVIDUAL PRODUCER
Any individual who is required to be licensed under Louisiana Law to
solicit, negotiate, bind, procure or renew insurance.
BUSINESS ENTITY PRODUCER
Any business entity required to be licensed under LA law to solicit, sell,
negotiate, bind, procure or renew insurance.
RESIDENT PRODUCER
One who resides in LA or maintains a principal place of business in LA.
this license will be VOID if the licensee CEASES TO BE A RESIDENT OF LA
MUST SURRENDER LICENSE WITHIN 30 DAYS BY U.S MAIL OR IN PERSON
--Be at least 18 years old.
--Reside in or maintain their principal place of business in Louisiana.
~ 1 ~ for inquiry mail me @
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
--Give their insurance education and experience background.
--Not be disqualified for having committed any act that is grounds for denial, suspension, or
revocation of a license.
--Complete an approved pre-licensing course for the lines of authority for which the person
has applied.
--Have paid the required fees.
--Have successfully passed the examination for the license applied for the lines of authority
for which the person has applied.
--When applicable, have the written consent of the Commissioner of Insurance pursuant to 18
U.S.C. 1033 or any successor statute regulating crimes by or affecting persons engaged in the
insurance business whose activities affect interstate commerce.
REQUIREMENTS TO GET PRODUCER'S LICENSE:
NONRESIDENT PRODUCER
A producer licensed in a state in which he is not a resident. In most states,
no exam is required to obtain a license. You simply must prove that you
are licensed and in good standing in your home state and pay the required
fees. You can only have one resident license, but you can have 49
nonresident licenses, if desired
(reciprocity) the person's home state issues the other state and vise versa
~ 1 ~ for inquiry mail me @
BOB BROOKS PROP ERTY & CAUSALITY
LICENSING Questions and Correct Answers
| Latest Update
to assure the public that only competent trustworthy individuals and other
entities sell insurance and to protect and promote the public interest
INSURANCE
a contract under which one party undertakes to pay another against loss
of a specified contingency or peril.
producers license (individual or business entity)
surplus lines broker license (prop & casualty producers)
LOUISIANA DEPARTMENT OF INSURANCE ISSUES 2 LICENSES:
INSURANCE COMPANY
Who is the Insurer?
CLIENT
Who is the insured?
~ 1 ~ for inquiry mail me @
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
YOU (US)
Who is the producer?
INDIVIDUAL PRODUCER
Any individual who is required to be licensed under Louisiana Law to
solicit, negotiate, bind, procure or renew insurance.
BUSINESS ENTITY PRODUCER
Any business entity required to be licensed under LA law to solicit, sell,
negotiate, bind, procure or renew insurance.
RESIDENT PRODUCER
One who resides in LA or maintains a principal place of business in LA.
this license will be VOID if the licensee CEASES TO BE A RESIDENT OF LA
MUST SURRENDER LICENSE WITHIN 30 DAYS BY U.S MAIL OR IN PERSON
--Be at least 18 years old.
--Reside in or maintain their principal place of business in Louisiana.
~ 1 ~ for inquiry mail me @
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/ 2025
--Give their insurance education and experience background.
--Not be disqualified for having committed any act that is grounds for denial, suspension, or
revocation of a license.
--Complete an approved pre-licensing course for the lines of authority for which the person
has applied.
--Have paid the required fees.
--Have successfully passed the examination for the license applied for the lines of authority
for which the person has applied.
--When applicable, have the written consent of the Commissioner of Insurance pursuant to 18
U.S.C. 1033 or any successor statute regulating crimes by or affecting persons engaged in the
insurance business whose activities affect interstate commerce.
REQUIREMENTS TO GET PRODUCER'S LICENSE:
NONRESIDENT PRODUCER
A producer licensed in a state in which he is not a resident. In most states,
no exam is required to obtain a license. You simply must prove that you
are licensed and in good standing in your home state and pay the required
fees. You can only have one resident license, but you can have 49
nonresident licenses, if desired
(reciprocity) the person's home state issues the other state and vise versa
~ 1 ~ for inquiry mail me @
