Louisiana Simulated Exam Review for
Insurance License Test Questions and
Answers Latest Version Already Passed
What is the main reason an individual must be licensed to sell insurance in Louisiana?
A. To offer investment advice
✔✔B. To legally solicit, negotiate, or sell insurance
C. To collect premiums for insurers
D. To represent the Department of Revenue
Which entity grants insurance licenses in Louisiana?
A. The U.S. Congress
✔✔B. Louisiana Department of Insurance
C. The National Association of Insurance Commissioners
D. Centers for Medicare & Medicaid
A producer’s license in Louisiana must be renewed every:
✔✔A. 2 years
B. 3 years
1
,C. 4 years
D. 5 years
A temporary license in Louisiana is valid for a maximum of:
A. 30 days
B. 60 days
✔✔C. 180 days
D. 1 year
If a producer moves to a new address, they must notify the Louisiana Department of Insurance
within:
✔✔A. 30 days
B. 10 days
C. 45 days
D. 60 days
Which of the following is required for license renewal in Louisiana?
A. Re-taking the licensing exam
2
,✔✔B. Completing continuing education
C. Reapplying as a new agent
D. Selling at least 10 policies
How many hours of ethics continuing education must a Louisiana producer complete per renewal
cycle?
A. 1 hour
B. 2 hours
✔✔C. 3 hours
D. 5 hours
What is the penalty for acting as a producer without a valid license in Louisiana?
✔✔A. A fine, imprisonment, or both
B. Suspension of business tax license
C. Denial of home insurance
D. Automatic reinstatement
Which of the following is NOT considered unfair trade practice under Louisiana insurance law?
3
, A. Misrepresentation
B. Twisting
✔✔C. Providing accurate information
D. Rebating
Which of these actions may result in the suspension of a producer’s license?
A. Selling 5 policies a year
✔✔B. Committing insurance fraud
C. Paying continuing education fees early
D. Renewing the license on time
How long must a producer maintain client records in Louisiana?
A. 1 year
B. 3 years
✔✔C. 5 years
D. 10 years
What does the Louisiana Life and Health Insurance Guaranty Association do?
4
Insurance License Test Questions and
Answers Latest Version Already Passed
What is the main reason an individual must be licensed to sell insurance in Louisiana?
A. To offer investment advice
✔✔B. To legally solicit, negotiate, or sell insurance
C. To collect premiums for insurers
D. To represent the Department of Revenue
Which entity grants insurance licenses in Louisiana?
A. The U.S. Congress
✔✔B. Louisiana Department of Insurance
C. The National Association of Insurance Commissioners
D. Centers for Medicare & Medicaid
A producer’s license in Louisiana must be renewed every:
✔✔A. 2 years
B. 3 years
1
,C. 4 years
D. 5 years
A temporary license in Louisiana is valid for a maximum of:
A. 30 days
B. 60 days
✔✔C. 180 days
D. 1 year
If a producer moves to a new address, they must notify the Louisiana Department of Insurance
within:
✔✔A. 30 days
B. 10 days
C. 45 days
D. 60 days
Which of the following is required for license renewal in Louisiana?
A. Re-taking the licensing exam
2
,✔✔B. Completing continuing education
C. Reapplying as a new agent
D. Selling at least 10 policies
How many hours of ethics continuing education must a Louisiana producer complete per renewal
cycle?
A. 1 hour
B. 2 hours
✔✔C. 3 hours
D. 5 hours
What is the penalty for acting as a producer without a valid license in Louisiana?
✔✔A. A fine, imprisonment, or both
B. Suspension of business tax license
C. Denial of home insurance
D. Automatic reinstatement
Which of the following is NOT considered unfair trade practice under Louisiana insurance law?
3
, A. Misrepresentation
B. Twisting
✔✔C. Providing accurate information
D. Rebating
Which of these actions may result in the suspension of a producer’s license?
A. Selling 5 policies a year
✔✔B. Committing insurance fraud
C. Paying continuing education fees early
D. Renewing the license on time
How long must a producer maintain client records in Louisiana?
A. 1 year
B. 3 years
✔✔C. 5 years
D. 10 years
What does the Louisiana Life and Health Insurance Guaranty Association do?
4
