LA SERIES 103 EXAM COMPLETE 300
QUESTIONS WITH DETAILED SOLUTIONS JUST
RELEASED THIS YEAR
Question 1: Which Louisiana agency regulates insurance producers and insurers?
A) Louisiana Department of Revenue
B) Louisiana Department of Insurance (LDI)
C) Louisiana Secretary of State
D) Louisiana Office of Motor Vehicles
Answer: B
The Louisiana Department of Insurance regulates producer licensing, company oversight, and
market conduct under Title 22.
Question 2: The main body of Louisiana insurance statutes tested on Series 103 is found in:
A) Title 9
B) Title 14
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C) Title 22
D) Title 32
Answer: C
Louisiana insurance law is primarily found in Title 22. The state-law portion of Series 103
repeatedly references Title 22 sections for licensing, conduct, and policy regulation.
Question 3: According to the PSI Series 103 content outline, how many total questions are on
the Louisiana Life, Health and Accident or Sickness exam?
A) 120
B) 135
C) 150
D) 175
Answer: C
The Series 103 outline lists 150 total questions. This includes scored items and may include
unscored experimental items mixed into the exam session.
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Question 4: What is the time limit for the Louisiana Series 103 exam?
A) 120 minutes
B) 140 minutes
C) 160 minutes
D) 180 minutes
Answer: C
PSI lists 160 minutes (2 hours 40 minutes) for Series 103. That is enough time if you keep moving
and avoid overcommitting to a single item.
Question 5: What minimum score is required to pass the Louisiana Series 103 exam?
A) 65%
B) 70%
C) 75%
D) 80%
Answer: B
The content outline specifies a 70% minimum passing score. On the 150-question Series 103
exam, you need 105 correct answers.
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Question 6: What is the exam fee for the Louisiana Series 103 combined exam?
A) $36
B) $50
C) $58
D) $75
Answer: C
The PSI Series 103 combined Life, Health and Accident or Sickness exam fee is $58.
Question 7: What is the fee for a single-line Life only (Series 101) or Health only (Series 102)
exam?
A) $36
B) $50
C) $58
D) $75
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