5/15/25, 3:56 PM LA Life Insurance Series 101 ACTUAL EXAM TEST QUESTIONS & ANSWERS (A+ GRADED 100% VERIFIED) 2025 LATES…
LA Life Insurance Series 101 ACTUAL EXAM TEST
QUESTIONS & ANSWERS (A+ GRADED 100%
VERIFIED) 2025 LATEST!!
Save
Terms in this set (108)
Which type of rider pays Accidental Death and Dismemberment
out a capital sum in case
an insured loses a limb or
their eyesight?
If a policyowner of a The term policy will be replaced by a permanent life
convertible term life insurance policy
insurance policy
exercises his/her right to
convert, which of the
following will happen?
Which of the following is Regulate the replacement of Insurance by the
NOT a purpose of the consumer
rule regarding
replacement of Life
Insurance?
Which of the following is Backdating
NOT an example of a
prohibited practice?
When demanded, Within 30 days after the date a hearing is demanded
Hearing are held:
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,5/15/25, 3:56 PM LA Life Insurance Series 101 ACTUAL EXAM TEST QUESTIONS & ANSWERS (A+ GRADED 100% VERIFIED) 2025 LATES…
Which of the following is Guaranteed elements must be labeled as such, but
not a standard or non-guaranteed elements need not to be labeled
requirement for an
illustration?
Which of the following In lieu of fines, the Commissioner may have a
statements is NOT producer imprisoned for up to one year.
correct?
How many credit hours 24 ( with at 3 hours in ethics)
of continuing education
must a producer
complete every renewal
period?
Which of the following A person may not Opt-Out of HIV testing
statements is FALSE with
respect to HIV testing?
With regard to The expense of examination of an insurer or of any
examinations, Which of person is paid by the Department
the following statements
is NOT correct?
Which of the following Misleading and convincing an insured to surrender,
CORRECTLY describes lapse, or exchange an existing policy for a different
the practice of Twisting? one, to the insured's detriment.
Which of the following An agent who will be transacting business in
statements is TRUE with Louisiana under an assumed name must notify the
respect to assumed Commissioner prior to using the assumed name.
names?
Which of the following Accelerated benefits effective for illness
statements is FALSE immediately upon the effective date.
regarding requirements
for accelerated benefits?
An initial privacy notice is A prospective customer
NOT required to be
provided to:
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, 5/15/25, 3:56 PM LA Life Insurance Series 101 ACTUAL EXAM TEST QUESTIONS & ANSWERS (A+ GRADED 100% VERIFIED) 2025 LATES…
When do individual April 30th of each even-numbered year.
producer licenses
expire?
Which of the following Accelerated benefits must provide for a lump sum
statements is TRUE benefit option.
regarding accelerated
benefits?
With regard to Must conduct a financial examination of an insurer at
examinations by the least once every 5 years.
Commissioner, the
Commissioner:
Which of the following A supplemental illustration must be accompanied
statements is true with by or preceded by a basic illustration.
respect to supplemental
illustrations?
For those individuals who Group
have health issues, Which
of the following would
be an insurance plan to
consider?
When must licensees Annually
provide privacy notices
to individual customers?
The investor must do all Fill out the application for Life Insurance on behalf
of the following in a of the Insured.
STOLI/IOLI transaction,
EXCEPT:
Which of the following It verifies that the insured has not suffered a serious
best describes a illness or injury requiring surgery or hospitalization
statement of Good since the application date.
Health?
Which of the following is An agent must be licensed as a Life agent in order
FALSE concerning to sell a registered Variable contract.
licensing for the Variable
products?
https://quizlet.com/1044390790/la-life-insurance-series-101-actual-exam-test-questions-answers-a-graded-100-verified-2025-latest-flash-cards/?… 3/17
LA Life Insurance Series 101 ACTUAL EXAM TEST
QUESTIONS & ANSWERS (A+ GRADED 100%
VERIFIED) 2025 LATEST!!
Save
Terms in this set (108)
Which type of rider pays Accidental Death and Dismemberment
out a capital sum in case
an insured loses a limb or
their eyesight?
If a policyowner of a The term policy will be replaced by a permanent life
convertible term life insurance policy
insurance policy
exercises his/her right to
convert, which of the
following will happen?
Which of the following is Regulate the replacement of Insurance by the
NOT a purpose of the consumer
rule regarding
replacement of Life
Insurance?
Which of the following is Backdating
NOT an example of a
prohibited practice?
When demanded, Within 30 days after the date a hearing is demanded
Hearing are held:
https://quizlet.com/1044390790/la-life-insurance-series-101-actual-exam-test-questions-answers-a-graded-100-verified-2025-latest-flash-cards/?… 1/17
,5/15/25, 3:56 PM LA Life Insurance Series 101 ACTUAL EXAM TEST QUESTIONS & ANSWERS (A+ GRADED 100% VERIFIED) 2025 LATES…
Which of the following is Guaranteed elements must be labeled as such, but
not a standard or non-guaranteed elements need not to be labeled
requirement for an
illustration?
Which of the following In lieu of fines, the Commissioner may have a
statements is NOT producer imprisoned for up to one year.
correct?
How many credit hours 24 ( with at 3 hours in ethics)
of continuing education
must a producer
complete every renewal
period?
Which of the following A person may not Opt-Out of HIV testing
statements is FALSE with
respect to HIV testing?
With regard to The expense of examination of an insurer or of any
examinations, Which of person is paid by the Department
the following statements
is NOT correct?
Which of the following Misleading and convincing an insured to surrender,
CORRECTLY describes lapse, or exchange an existing policy for a different
the practice of Twisting? one, to the insured's detriment.
Which of the following An agent who will be transacting business in
statements is TRUE with Louisiana under an assumed name must notify the
respect to assumed Commissioner prior to using the assumed name.
names?
Which of the following Accelerated benefits effective for illness
statements is FALSE immediately upon the effective date.
regarding requirements
for accelerated benefits?
An initial privacy notice is A prospective customer
NOT required to be
provided to:
https://quizlet.com/1044390790/la-life-insurance-series-101-actual-exam-test-questions-answers-a-graded-100-verified-2025-latest-flash-cards/?… 2/17
, 5/15/25, 3:56 PM LA Life Insurance Series 101 ACTUAL EXAM TEST QUESTIONS & ANSWERS (A+ GRADED 100% VERIFIED) 2025 LATES…
When do individual April 30th of each even-numbered year.
producer licenses
expire?
Which of the following Accelerated benefits must provide for a lump sum
statements is TRUE benefit option.
regarding accelerated
benefits?
With regard to Must conduct a financial examination of an insurer at
examinations by the least once every 5 years.
Commissioner, the
Commissioner:
Which of the following A supplemental illustration must be accompanied
statements is true with by or preceded by a basic illustration.
respect to supplemental
illustrations?
For those individuals who Group
have health issues, Which
of the following would
be an insurance plan to
consider?
When must licensees Annually
provide privacy notices
to individual customers?
The investor must do all Fill out the application for Life Insurance on behalf
of the following in a of the Insured.
STOLI/IOLI transaction,
EXCEPT:
Which of the following It verifies that the insured has not suffered a serious
best describes a illness or injury requiring surgery or hospitalization
statement of Good since the application date.
Health?
Which of the following is An agent must be licensed as a Life agent in order
FALSE concerning to sell a registered Variable contract.
licensing for the Variable
products?
https://quizlet.com/1044390790/la-life-insurance-series-101-actual-exam-test-questions-answers-a-graded-100-verified-2025-latest-flash-cards/?… 3/17
