LA LIFE INSURANCE SERIES 101 EXAM
2025
LA LIFE INSURANCE SERIES 101 EXAM 2025 WITH GUARANTEED ACCURATE
ANSWERS
Which type of rider pays out a capital sum in case an insured loses a
limb or their eyesight? - ACCURATE ANSWERS✔✔ Accidental Death
and Dismemberment
If a policyowner of a convertible term life insurance policy exercises
his/her right to convert, which of the following will happen? -
ACCURATE ANSWERS✔✔ The term policy will be replaced by a
permanent life insurance policy
Which of the following is NOT a purpose of the rule regarding
replacement of Life Insurance? - ACCURATE ANSWERS✔✔ Regulate
the replacement of Insurance by the consumer
,Which of the following is NOT an example of a prohibited practice? -
ACCURATE ANSWERS✔✔ Backdating
When demanded, Hearing are held: - ACCURATE ANSWERS✔✔
Within 30 days after the date a hearing is demanded
Which of the following is not a standard or requirement for an
illustration? - ACCURATE ANSWERS✔✔ Guaranteed elements must
be labeled as such, but non-guaranteed elements need not to be labeled
Which of the following statements is NOT correct? - ACCURATE
ANSWERS✔✔ In lieu of fines, the Commissioner may have a producer
imprisoned for up to one year.
How many credit hours of continuing education must a producer
complete every renewal period? - ACCURATE ANSWERS✔✔ 24
( with at 3 hours in ethics)
Which of the following statements is FALSE with respect to HIV
testing? - ACCURATE ANSWERS✔✔ A person may not Opt-Out of
HIV testing
With regard to examinations, Which of the following statements is NOT
correct? - ACCURATE ANSWERS✔✔ The expense of examination of
an insurer or of any person is paid by the Department
, Which of the following CORRECTLY describes the practice of
Twisting? - ACCURATE ANSWERS✔✔ Misleading and convincing an
insured to surrender, lapse, or exchange an existing policy for a different
one, to the insured's detriment.
Which of the following statements is TRUE with respect to assumed
names? - ACCURATE ANSWERS✔✔ An agent who will be transacting
business in Louisiana under an assumed name must notify the
Commissioner prior to using the assumed name.
Which of the following statements is FALSE regarding requirements for
accelerated benefits? - ACCURATE ANSWERS✔✔ Accelerated
benefits effective for illness immediately upon the effective date.
An initial privacy notice is NOT required to be provided to: -
ACCURATE ANSWERS✔✔ A prospective customer
When do individual producer licenses expire? - ACCURATE
ANSWERS✔✔ April 30th of each even-numbered year.
Which of the following statements is TRUE regarding accelerated
benefits? - ACCURATE ANSWERS✔✔ Accelerated benefits must
provide for a lump sum benefit option.
2025
LA LIFE INSURANCE SERIES 101 EXAM 2025 WITH GUARANTEED ACCURATE
ANSWERS
Which type of rider pays out a capital sum in case an insured loses a
limb or their eyesight? - ACCURATE ANSWERS✔✔ Accidental Death
and Dismemberment
If a policyowner of a convertible term life insurance policy exercises
his/her right to convert, which of the following will happen? -
ACCURATE ANSWERS✔✔ The term policy will be replaced by a
permanent life insurance policy
Which of the following is NOT a purpose of the rule regarding
replacement of Life Insurance? - ACCURATE ANSWERS✔✔ Regulate
the replacement of Insurance by the consumer
,Which of the following is NOT an example of a prohibited practice? -
ACCURATE ANSWERS✔✔ Backdating
When demanded, Hearing are held: - ACCURATE ANSWERS✔✔
Within 30 days after the date a hearing is demanded
Which of the following is not a standard or requirement for an
illustration? - ACCURATE ANSWERS✔✔ Guaranteed elements must
be labeled as such, but non-guaranteed elements need not to be labeled
Which of the following statements is NOT correct? - ACCURATE
ANSWERS✔✔ In lieu of fines, the Commissioner may have a producer
imprisoned for up to one year.
How many credit hours of continuing education must a producer
complete every renewal period? - ACCURATE ANSWERS✔✔ 24
( with at 3 hours in ethics)
Which of the following statements is FALSE with respect to HIV
testing? - ACCURATE ANSWERS✔✔ A person may not Opt-Out of
HIV testing
With regard to examinations, Which of the following statements is NOT
correct? - ACCURATE ANSWERS✔✔ The expense of examination of
an insurer or of any person is paid by the Department
, Which of the following CORRECTLY describes the practice of
Twisting? - ACCURATE ANSWERS✔✔ Misleading and convincing an
insured to surrender, lapse, or exchange an existing policy for a different
one, to the insured's detriment.
Which of the following statements is TRUE with respect to assumed
names? - ACCURATE ANSWERS✔✔ An agent who will be transacting
business in Louisiana under an assumed name must notify the
Commissioner prior to using the assumed name.
Which of the following statements is FALSE regarding requirements for
accelerated benefits? - ACCURATE ANSWERS✔✔ Accelerated
benefits effective for illness immediately upon the effective date.
An initial privacy notice is NOT required to be provided to: -
ACCURATE ANSWERS✔✔ A prospective customer
When do individual producer licenses expire? - ACCURATE
ANSWERS✔✔ April 30th of each even-numbered year.
Which of the following statements is TRUE regarding accelerated
benefits? - ACCURATE ANSWERS✔✔ Accelerated benefits must
provide for a lump sum benefit option.
