LA SERIES 103 EXAM ACTUAL
2025/2026 100 Practice Questions with
100% Correct Answers and Detailed
Rationales
This practice exam is designed to help candidates prepare for the
Louisiana Life, Health, and Accident or Sickness (Series 103)
insurance licensing examination administered by PSI. The exam
consists of 150 scored questions with a 160-minute time limit and
requires a 70% passing score. Pre-licensing education is NOT required
in Louisiana as of June 3, 2022, though preparation is strongly
recommended.
EXAM LOGISTICS
● Exam Code: Series 103 (Combined Life, Health & Accident)
● Questions: 150 scored (plus unscored pilot questions)
● Time Limit: 160 minutes (2 hours 40 minutes)
● Passing Score: 70% (105 correct answers)
● Exam Fee: $58
● Testing Format: In-person at PSI testing centers only (remote
testing ended July 8, 2024)
● Fingerprinting: IdentoGO, service code 27N339, $60.75
,EXAM WEIGHTING
● Life Insurance and Annuities: 42%
● Health and Disability Coverage: 25%
● Louisiana Insurance Regulation: 23%
● General/Federal Rules and Taxation: 10%
SECTION 1: LOUISIANA INSURANCE REGULATION
& PRODUCER LICENSING (Questions 1-20)
Question 1
Which Louisiana agency licenses and regulates life and health
insurance producers?
A. Louisiana Department of Revenue
B. Louisiana Department of Insurance (LDI)
C. Louisiana Secretary of State
D. Louisiana Office of Financial Institutions
Correct Answer: B. Louisiana Department of Insurance (LDI)
Rationale: The Louisiana Department of Insurance (LDI) regulates
producers and insurers under Title 22 of the Louisiana Revised
Statutes. The Commissioner of Insurance holds general duties and
enforcement powers including rulemaking, examinations, and
discipline. The LDI issues all insurance producer licenses in the state.
,Question 2
Does Louisiana require pre-licensing education before taking the
Series 103 exam?
A. Yes, 40 hours for the combined license
B. Yes, 20 hours for Life and 20 hours for Health
C. No, pre-licensing education is NOT required
D. Yes, 30 hours for the combined license
Correct Answer: C. No, pre-licensing education is NOT required
Rationale: Louisiana eliminated mandatory pre-licensing education
effective June 3, 2022. You may register for the exam immediately -
there is no certificate of completion to upload first. However, a prep
course is strongly recommended because the exam still tests the full
national and state content outline.
Question 3
What is the continuing education (CE) requirement for Louisiana
insurance producers?
A. 12 hours every year
B. 24 hours every 2 years, including 3 hours of ethics
C. 40 hours every 2 years
D. No CE requirement
Correct Answer: B. 24 hours every 2 years, including 3 hours of ethics
Rationale: Louisiana requires 24 CE hours every 2 years, which must
include 3 hours of ethics. Up to 10 hours may carry over to the next
cycle. For renewals due on or after July 31, 2027, a 2-hour legislative
, update course is also required. Producers age 65 or older with at least
15 years of experience may qualify for CE exemption.
Question 4
When does a Louisiana insurance producer license renew?
A. Every year on January 1
B. Every even-numbered year on the last day of the producer's birth
month
C. Every year on the producer's birthday
D. Every 3 years on December 31
Correct Answer: B. Every even-numbered year on the last day of the
producer's birth month
Rationale: Louisiana producer licenses renew every even-numbered
year, on the last day of the licensee's birth month. The renewal fee is
$50, paid through the LDI Producer/Adjuster Portal.
Question 5
A Louisiana insurance producer solicits a life insurance policy. In the
event of a controversy between the insured and the company, the
producer is considered to represent whom?
A. The insured
B. The company
C. The beneficiary
D. The state
Correct Answer: B. The company
2025/2026 100 Practice Questions with
100% Correct Answers and Detailed
Rationales
This practice exam is designed to help candidates prepare for the
Louisiana Life, Health, and Accident or Sickness (Series 103)
insurance licensing examination administered by PSI. The exam
consists of 150 scored questions with a 160-minute time limit and
requires a 70% passing score. Pre-licensing education is NOT required
in Louisiana as of June 3, 2022, though preparation is strongly
recommended.
EXAM LOGISTICS
● Exam Code: Series 103 (Combined Life, Health & Accident)
● Questions: 150 scored (plus unscored pilot questions)
● Time Limit: 160 minutes (2 hours 40 minutes)
● Passing Score: 70% (105 correct answers)
● Exam Fee: $58
● Testing Format: In-person at PSI testing centers only (remote
testing ended July 8, 2024)
● Fingerprinting: IdentoGO, service code 27N339, $60.75
,EXAM WEIGHTING
● Life Insurance and Annuities: 42%
● Health and Disability Coverage: 25%
● Louisiana Insurance Regulation: 23%
● General/Federal Rules and Taxation: 10%
SECTION 1: LOUISIANA INSURANCE REGULATION
& PRODUCER LICENSING (Questions 1-20)
Question 1
Which Louisiana agency licenses and regulates life and health
insurance producers?
A. Louisiana Department of Revenue
B. Louisiana Department of Insurance (LDI)
C. Louisiana Secretary of State
D. Louisiana Office of Financial Institutions
Correct Answer: B. Louisiana Department of Insurance (LDI)
Rationale: The Louisiana Department of Insurance (LDI) regulates
producers and insurers under Title 22 of the Louisiana Revised
Statutes. The Commissioner of Insurance holds general duties and
enforcement powers including rulemaking, examinations, and
discipline. The LDI issues all insurance producer licenses in the state.
,Question 2
Does Louisiana require pre-licensing education before taking the
Series 103 exam?
A. Yes, 40 hours for the combined license
B. Yes, 20 hours for Life and 20 hours for Health
C. No, pre-licensing education is NOT required
D. Yes, 30 hours for the combined license
Correct Answer: C. No, pre-licensing education is NOT required
Rationale: Louisiana eliminated mandatory pre-licensing education
effective June 3, 2022. You may register for the exam immediately -
there is no certificate of completion to upload first. However, a prep
course is strongly recommended because the exam still tests the full
national and state content outline.
Question 3
What is the continuing education (CE) requirement for Louisiana
insurance producers?
A. 12 hours every year
B. 24 hours every 2 years, including 3 hours of ethics
C. 40 hours every 2 years
D. No CE requirement
Correct Answer: B. 24 hours every 2 years, including 3 hours of ethics
Rationale: Louisiana requires 24 CE hours every 2 years, which must
include 3 hours of ethics. Up to 10 hours may carry over to the next
cycle. For renewals due on or after July 31, 2027, a 2-hour legislative
, update course is also required. Producers age 65 or older with at least
15 years of experience may qualify for CE exemption.
Question 4
When does a Louisiana insurance producer license renew?
A. Every year on January 1
B. Every even-numbered year on the last day of the producer's birth
month
C. Every year on the producer's birthday
D. Every 3 years on December 31
Correct Answer: B. Every even-numbered year on the last day of the
producer's birth month
Rationale: Louisiana producer licenses renew every even-numbered
year, on the last day of the licensee's birth month. The renewal fee is
$50, paid through the LDI Producer/Adjuster Portal.
Question 5
A Louisiana insurance producer solicits a life insurance policy. In the
event of a controversy between the insured and the company, the
producer is considered to represent whom?
A. The insured
B. The company
C. The beneficiary
D. The state
Correct Answer: B. The company
