LA Life Insurance Series 101 Exam Study (2025) UPDATE Verified Questio
And Answers | With 100% Correct Answers graded A+ Guaranteed Succe
1. Which type of rider pays out a capital sum in case an Accidental Death and Dis-
insured loses a limb or their eyesight? memberment
2. If a policyowner of a convertible term life insurance The term policy will be re-
policy exercises his/her right to convert, which of the placed by a permanent life
following will happen? insurance policy
3. Which of the following is NOT a purpose of the rule Regulate the replacement
regarding replacement of Life Insurance? of Insurance by the con-
sumer
4. Which of the following is NOT an example of a prohib- Backdating
ited practice?
5. When demanded, Hearing are held: Within 30 days after the
date a hearing is demand-
ed
6. Which of the following is not a standard or require- Guaranteed elements
ment for an illustration? must be labeled as such,
but non-guaranteed ele-
ments need not to be la-
beled
7. Which of the following statements is NOT correct? In lieu of fines, the Com-
missioner may have a pro-
ducer imprisoned for up
to one year.
8. How many credit hours of continuing education must 24 ( with at 3 hours in
a producer complete every renewal period? ethics)
9.
, LA Life Insurance Series 101 Exam Study (2025) UPDATE Verified Questio
And Answers | With 100% Correct Answers graded A+ Guaranteed Succe
Which of the following statements is FALSE with re- A person may not Opt-Out
spect to HIV testing? of HIV testing
10. With regard to examinations, Which of the following The expense of examina-
statements is NOT correct? tion of an insurer or of any
person is paid by the De-
partment
11. Which of the following CORRECTLY describes the prac- Misleading and convinc-
tice of Twisting? ing an insured to surren-
der, lapse, or exchange an
existing policy for a differ-
ent one, to the insured's
detriment.
12. Which of the following statements is TRUE with re- An agent who will be
spect to assumed names? transacting business in
Louisiana under an as-
sumed name must notify
the Commissioner prior to
using the assumed name.
13. Which of the following statements is FALSE regarding Accelerated benefits ef-
requirements for accelerated benefits? fective for illness imme-
diately upon the effective
date.
14. An initial privacy notice is NOT required to be provided A prospective customer
to:
15. When do individual producer licenses expire? April 30th of each
even-numbered year.
And Answers | With 100% Correct Answers graded A+ Guaranteed Succe
1. Which type of rider pays out a capital sum in case an Accidental Death and Dis-
insured loses a limb or their eyesight? memberment
2. If a policyowner of a convertible term life insurance The term policy will be re-
policy exercises his/her right to convert, which of the placed by a permanent life
following will happen? insurance policy
3. Which of the following is NOT a purpose of the rule Regulate the replacement
regarding replacement of Life Insurance? of Insurance by the con-
sumer
4. Which of the following is NOT an example of a prohib- Backdating
ited practice?
5. When demanded, Hearing are held: Within 30 days after the
date a hearing is demand-
ed
6. Which of the following is not a standard or require- Guaranteed elements
ment for an illustration? must be labeled as such,
but non-guaranteed ele-
ments need not to be la-
beled
7. Which of the following statements is NOT correct? In lieu of fines, the Com-
missioner may have a pro-
ducer imprisoned for up
to one year.
8. How many credit hours of continuing education must 24 ( with at 3 hours in
a producer complete every renewal period? ethics)
9.
, LA Life Insurance Series 101 Exam Study (2025) UPDATE Verified Questio
And Answers | With 100% Correct Answers graded A+ Guaranteed Succe
Which of the following statements is FALSE with re- A person may not Opt-Out
spect to HIV testing? of HIV testing
10. With regard to examinations, Which of the following The expense of examina-
statements is NOT correct? tion of an insurer or of any
person is paid by the De-
partment
11. Which of the following CORRECTLY describes the prac- Misleading and convinc-
tice of Twisting? ing an insured to surren-
der, lapse, or exchange an
existing policy for a differ-
ent one, to the insured's
detriment.
12. Which of the following statements is TRUE with re- An agent who will be
spect to assumed names? transacting business in
Louisiana under an as-
sumed name must notify
the Commissioner prior to
using the assumed name.
13. Which of the following statements is FALSE regarding Accelerated benefits ef-
requirements for accelerated benefits? fective for illness imme-
diately upon the effective
date.
14. An initial privacy notice is NOT required to be provided A prospective customer
to:
15. When do individual producer licenses expire? April 30th of each
even-numbered year.
