1
Louisiana Law Exam 2026/2027 Actual
Exam | Complete with Verified
Questions & Answers | Pass Guaranteed
- A+ Graded
Section 1: Louisiana Insurance Regulations and Laws (25 Questions)
Q1: According to Louisiana law, how many hours of prelicensing education are required before
taking the Louisiana insurance examination?
A. 20 hours
B. 40 hours
C. 60 hours
D. 90 hours [CORRECT]
Correct Answer: D
Rationale: Louisiana Revised Statute 22:1544 requires 90 hours of prelicensing education for
Property and Casualty lines, and 40 hours for Life and Health lines. The question specifies the
general requirement for P&C, which is the most comprehensive. Options A, B, and C do not
meet Louisiana's statutory requirements.
Q2: A Louisiana-licensed insurance agent is renewing their license. What are the continuing
education (CE) requirements for license renewal?
A. 12 hours annually, including 3 hours of ethics
B. 24 hours biennially, including 3 hours of ethics [CORRECT]
C. 30 hours biennially, including 5 hours of ethics
D. No CE required
Correct Answer: B
Rationale: Louisiana Administrative Code 37:XV.Chapter 5 requires 24 hours of CE every two
years, including 3 hours of ethics. Agents must complete this before renewal. Options A, C, and
D are incorrect based on LDI regulations.
Q3: Under Louisiana law, what is the free look period for life insurance policies?
,2
A. 10 days
B. 14 days
C. 20 days
D. 30 days [CORRECT]
Correct Answer: D
Rationale: Louisiana Revised Statute 22:905 provides a 30-day free look period for life insurance
policies, allowing policyowners to return the policy for a full refund. This is longer than many
states. Options A, B, and C are incorrect.
Q4: The Louisiana Insurance Guaranty Association provides protection to residents in the event
of:
A. Investment losses
B. Insurer insolvency [CORRECT]
C. Policy lapse due to nonpayment
D. Disputes with agents
Correct Answer: B
Rationale: Louisiana Revised Statute 22:2054 establishes the Guaranty Association to protect
policyholders when an insurer becomes insolvent. It does not cover investment losses (A), lapses
due to nonpayment (C), or agent disputes (D).
Q5: How long does an insurer have to acknowledge receipt of a claim under Louisiana law?
A. 10 days
B. 14 days [CORRECT]
C. 30 days
D. 45 days
Correct Answer: B
Rationale: Louisiana Revised Statute 22:1892 requires insurers to acknowledge receipt of a claim
within 14 days. Failure to do so may result in penalties. Options A, C, and D are incorrect.
Q6: Under Louisiana law, the grace period for individual health insurance policies is:
A. 7 days
B. 10 days [CORRECT]
,3
C. 30 days
D. 31 days
Correct Answer: B
Rationale: Louisiana Revised Statute 22:981 provides a 10-day grace period for individual health
insurance premium payments. Group policies have a 31-day grace period (D). Options A and C
are incorrect.
Q7: The Louisiana Department of Insurance (LDI) Commissioner serves a term of:
A. 2 years
B. 4 years [CORRECT]
C. 6 years
D. 8 years
Correct Answer: B
Rationale: Louisiana Constitution Article IV, Section 12 and Revised Statute 22:2 provide for a
4-year term for the Insurance Commissioner. Options A, C, and D are incorrect.
Q8: An insurance agent's appointment with an insurer must be terminated within how many days
of the termination date?
A. 10 days
B. 15 days
C. 30 days [CORRECT]
D. 45 days
Correct Answer: C
Rationale: Louisiana Revised Statute 22:1134 requires insurers to notify the Commissioner of
appointment terminations within 30 days. Options A, B, and D are incorrect.
Q9: Under Louisiana's Unfair Trade Practices Act, which of the following is prohibited?
A. Offering premium discounts
B. Rebating premiums to insureds [CORRECT]
C. Paying producer commissions
D. Filing rate changes with LDI
Correct Answer: B
, 4
Rationale: Louisiana Revised Statute 22:1964 prohibits rebating (returning part of the premium
to the insured as an inducement). Options A, C, and D are legal practices.
Q10: Louisiana requires agents to maintain records of insurance transactions for:
A. 2 years
B. 3 years [CORRECT]
C. 5 years
D. 7 years
Correct Answer: B
Rationale: Louisiana Administrative Code 37:XV.313 requires agents to maintain records for 3
years. Options A, C, and D are incorrect.
Q11: The maximum penalty for violating Louisiana insurance laws can include:
A. Only fines up to $1,000
B. Fines up to $10,000 per violation and license suspension or revocation [CORRECT]
C. Only license suspension
D. No penalties for first offenses
Correct Answer: B
Rationale: Louisiana Revised Statute 22:2194 allows civil penalties up to $10,000 per violation,
plus license suspension or revocation for serious violations. Options A, C, and D understate the
penalties.
Q12: Under Louisiana law, a temporary insurance producer license is valid for:
A. 30 days
B. 90 days
C. 180 days [CORRECT]
D. 1 year
Correct Answer: C
Rationale: Louisiana Revised Statute 22:1546 allows temporary licenses for up to 180 days in
specific circumstances (e.g., death of a producer). Options A, B, and D are incorrect.
Q13: Which of the following is considered an unfair claims settlement practice under Louisiana
law?
Louisiana Law Exam 2026/2027 Actual
Exam | Complete with Verified
Questions & Answers | Pass Guaranteed
- A+ Graded
Section 1: Louisiana Insurance Regulations and Laws (25 Questions)
Q1: According to Louisiana law, how many hours of prelicensing education are required before
taking the Louisiana insurance examination?
A. 20 hours
B. 40 hours
C. 60 hours
D. 90 hours [CORRECT]
Correct Answer: D
Rationale: Louisiana Revised Statute 22:1544 requires 90 hours of prelicensing education for
Property and Casualty lines, and 40 hours for Life and Health lines. The question specifies the
general requirement for P&C, which is the most comprehensive. Options A, B, and C do not
meet Louisiana's statutory requirements.
Q2: A Louisiana-licensed insurance agent is renewing their license. What are the continuing
education (CE) requirements for license renewal?
A. 12 hours annually, including 3 hours of ethics
B. 24 hours biennially, including 3 hours of ethics [CORRECT]
C. 30 hours biennially, including 5 hours of ethics
D. No CE required
Correct Answer: B
Rationale: Louisiana Administrative Code 37:XV.Chapter 5 requires 24 hours of CE every two
years, including 3 hours of ethics. Agents must complete this before renewal. Options A, C, and
D are incorrect based on LDI regulations.
Q3: Under Louisiana law, what is the free look period for life insurance policies?
,2
A. 10 days
B. 14 days
C. 20 days
D. 30 days [CORRECT]
Correct Answer: D
Rationale: Louisiana Revised Statute 22:905 provides a 30-day free look period for life insurance
policies, allowing policyowners to return the policy for a full refund. This is longer than many
states. Options A, B, and C are incorrect.
Q4: The Louisiana Insurance Guaranty Association provides protection to residents in the event
of:
A. Investment losses
B. Insurer insolvency [CORRECT]
C. Policy lapse due to nonpayment
D. Disputes with agents
Correct Answer: B
Rationale: Louisiana Revised Statute 22:2054 establishes the Guaranty Association to protect
policyholders when an insurer becomes insolvent. It does not cover investment losses (A), lapses
due to nonpayment (C), or agent disputes (D).
Q5: How long does an insurer have to acknowledge receipt of a claim under Louisiana law?
A. 10 days
B. 14 days [CORRECT]
C. 30 days
D. 45 days
Correct Answer: B
Rationale: Louisiana Revised Statute 22:1892 requires insurers to acknowledge receipt of a claim
within 14 days. Failure to do so may result in penalties. Options A, C, and D are incorrect.
Q6: Under Louisiana law, the grace period for individual health insurance policies is:
A. 7 days
B. 10 days [CORRECT]
,3
C. 30 days
D. 31 days
Correct Answer: B
Rationale: Louisiana Revised Statute 22:981 provides a 10-day grace period for individual health
insurance premium payments. Group policies have a 31-day grace period (D). Options A and C
are incorrect.
Q7: The Louisiana Department of Insurance (LDI) Commissioner serves a term of:
A. 2 years
B. 4 years [CORRECT]
C. 6 years
D. 8 years
Correct Answer: B
Rationale: Louisiana Constitution Article IV, Section 12 and Revised Statute 22:2 provide for a
4-year term for the Insurance Commissioner. Options A, C, and D are incorrect.
Q8: An insurance agent's appointment with an insurer must be terminated within how many days
of the termination date?
A. 10 days
B. 15 days
C. 30 days [CORRECT]
D. 45 days
Correct Answer: C
Rationale: Louisiana Revised Statute 22:1134 requires insurers to notify the Commissioner of
appointment terminations within 30 days. Options A, B, and D are incorrect.
Q9: Under Louisiana's Unfair Trade Practices Act, which of the following is prohibited?
A. Offering premium discounts
B. Rebating premiums to insureds [CORRECT]
C. Paying producer commissions
D. Filing rate changes with LDI
Correct Answer: B
, 4
Rationale: Louisiana Revised Statute 22:1964 prohibits rebating (returning part of the premium
to the insured as an inducement). Options A, C, and D are legal practices.
Q10: Louisiana requires agents to maintain records of insurance transactions for:
A. 2 years
B. 3 years [CORRECT]
C. 5 years
D. 7 years
Correct Answer: B
Rationale: Louisiana Administrative Code 37:XV.313 requires agents to maintain records for 3
years. Options A, C, and D are incorrect.
Q11: The maximum penalty for violating Louisiana insurance laws can include:
A. Only fines up to $1,000
B. Fines up to $10,000 per violation and license suspension or revocation [CORRECT]
C. Only license suspension
D. No penalties for first offenses
Correct Answer: B
Rationale: Louisiana Revised Statute 22:2194 allows civil penalties up to $10,000 per violation,
plus license suspension or revocation for serious violations. Options A, C, and D understate the
penalties.
Q12: Under Louisiana law, a temporary insurance producer license is valid for:
A. 30 days
B. 90 days
C. 180 days [CORRECT]
D. 1 year
Correct Answer: C
Rationale: Louisiana Revised Statute 22:1546 allows temporary licenses for up to 180 days in
specific circumstances (e.g., death of a producer). Options A, B, and D are incorrect.
Q13: Which of the following is considered an unfair claims settlement practice under Louisiana
law?
