Series 201 Exam Questions & Answers

SERIES 201 EXAM



1. Which one of the following is not one of the duties of the Commissioner of


Insurance?



A. Enforcing provisions of the Insurance Code


B. Examining and licensing individuals and companies


C. Examining Insureds' financial conditions


D. Holding hearings regarding suspension or revocation of a license: Examin-


ing Insureds' financial conditions


2. Which of the following is not considered an unfair claims practice?


,A. Knowingly misrepresenting facts or provisions


B. Denying a claim


C. Attempting to settle for less than a reasonable amount


D. Unreasonably delaying payment: Denying a claim


3. All of the following are types of adjusters licenses regulated by the


Louisiana Department of Insurance EXCEPT:



A. Crop Adjuster


B. Automobile Adjuster


C. Personal Lines Adjuster


D. Commercial Lines Adjuster: Crop Adjuster


4. The Louisiana Commissioner of Insurance is elected to a term of:



A. One Year




,B. Two Years


C. Three Years


D. Four Years: Four Years


5. A Louisiana adjusters' license expires:



A. January 1st of even numbered years


B. The last day of each adjusters birthday month in odd numbered years


C. June 1st of even numbered years


D. The last day of each adjusters birthday month in even numbered years: The


last day of each adjusters birthday month in odd numbered years


6. To obtain an insurance adjusters license, an individual must do all of the


following EXCEPT:



A. Be 18 years of age




, B. Be fingerprinted