LOUISIANA LIFE AND HEALTH EXAM
2025
LOUISIANA LIFE AND HEALTH EXAM 2025 WITH GUARANTEED ACCURATE
ANSWERS
When are group disability benefits considered to be tax-free to the
insured? - ACCURATE ANSWERS✔✔ When the recipient pays the
premiums.
An insurable interest in each other's lives may exist in absence of an
economic interest when the individuals are - ACCURATE
ANSWERS✔✔ Marriage partners.
What is the elimination period of an individual disability policy? -
ACCURATE ANSWERS✔✔ Time period a disabled person must wait
before benefits are paid
,What happens to interest earned if the annuitant dies before the payout
start date? - ACCURATE ANSWERS✔✔ It is taxable
In which of the following situations would the insurer be liable for a
loss? - ACCURATE ANSWERS✔✔ The insured suffered an injury as
an innocent bystander during a bank robbery
In what form do disability income policies typically pay benefits? -
ACCURATE ANSWERS✔✔ Periodic income
Which of the following is typically NOT eligible for coverage in a group
health policy? - ACCURATE ANSWERS✔✔ Temporary employee
Which of the following would be considered a possible applicant and
contract policyholder for group health benefits? - ACCURATE
ANSWERS✔✔ Employer
A Medicare Supplement Policy is - ACCURATE ANSWERS✔✔
designed to fill in the gaps of Part A and Part B Medicare
Under a Modified Endowment Contract, what are the likely tax
consequences? - ACCURATE ANSWERS✔✔ Pre-death distributions
will become taxable
In a Long-Term Care policy, activities of daily living (ADL's) can be
each of the following EXCEPT - ACCURATE ANSWERS✔✔ Talking
, Which of the following is an annuity that is linked to a market-related
index? - ACCURATE ANSWERS✔✔ Equity-indexed annuity
An insurer operating in the U.S. but headquartered outside the U.S. is -
ACCURATE ANSWERS✔✔ an alien insurer
Group dental plans will frequently place a limit on annual benefits in
order to minimize - ACCURATE ANSWERS✔✔ adverse selection
All of the following are considered to be fraud EXCEPT - ACCURATE
ANSWERS✔✔ collecting a charge for insurance that is less than the
charge applicable to that insurance
A producer's license in Louisiana must be renewed every - ACCURATE
ANSWERS✔✔ Two years
An insured has a health plan that pays established amounts in
accordance with a list of injuries, surgical procedures, or other losses.
This list is called a - ACCURATE ANSWERS✔✔ benefit schedule
Under the Consolidated Omnibus Budget Reconciliation Act (COBRA),
a terminated employee's benefits must - ACCURATE ANSWERS✔✔ be
the same and the premium cannot exceed 102%
2025
LOUISIANA LIFE AND HEALTH EXAM 2025 WITH GUARANTEED ACCURATE
ANSWERS
When are group disability benefits considered to be tax-free to the
insured? - ACCURATE ANSWERS✔✔ When the recipient pays the
premiums.
An insurable interest in each other's lives may exist in absence of an
economic interest when the individuals are - ACCURATE
ANSWERS✔✔ Marriage partners.
What is the elimination period of an individual disability policy? -
ACCURATE ANSWERS✔✔ Time period a disabled person must wait
before benefits are paid
,What happens to interest earned if the annuitant dies before the payout
start date? - ACCURATE ANSWERS✔✔ It is taxable
In which of the following situations would the insurer be liable for a
loss? - ACCURATE ANSWERS✔✔ The insured suffered an injury as
an innocent bystander during a bank robbery
In what form do disability income policies typically pay benefits? -
ACCURATE ANSWERS✔✔ Periodic income
Which of the following is typically NOT eligible for coverage in a group
health policy? - ACCURATE ANSWERS✔✔ Temporary employee
Which of the following would be considered a possible applicant and
contract policyholder for group health benefits? - ACCURATE
ANSWERS✔✔ Employer
A Medicare Supplement Policy is - ACCURATE ANSWERS✔✔
designed to fill in the gaps of Part A and Part B Medicare
Under a Modified Endowment Contract, what are the likely tax
consequences? - ACCURATE ANSWERS✔✔ Pre-death distributions
will become taxable
In a Long-Term Care policy, activities of daily living (ADL's) can be
each of the following EXCEPT - ACCURATE ANSWERS✔✔ Talking
, Which of the following is an annuity that is linked to a market-related
index? - ACCURATE ANSWERS✔✔ Equity-indexed annuity
An insurer operating in the U.S. but headquartered outside the U.S. is -
ACCURATE ANSWERS✔✔ an alien insurer
Group dental plans will frequently place a limit on annual benefits in
order to minimize - ACCURATE ANSWERS✔✔ adverse selection
All of the following are considered to be fraud EXCEPT - ACCURATE
ANSWERS✔✔ collecting a charge for insurance that is less than the
charge applicable to that insurance
A producer's license in Louisiana must be renewed every - ACCURATE
ANSWERS✔✔ Two years
An insured has a health plan that pays established amounts in
accordance with a list of injuries, surgical procedures, or other losses.
This list is called a - ACCURATE ANSWERS✔✔ benefit schedule
Under the Consolidated Omnibus Budget Reconciliation Act (COBRA),
a terminated employee's benefits must - ACCURATE ANSWERS✔✔ be
the same and the premium cannot exceed 102%
