LOUISIANA LAW EXAM 2026 FINAL EXAM
STUDY SHEET WITH COMPLETE QUESTIONS
AND ACCURATE ANSWERS
⫸ Louisiana residents who are uninsurable may obtain health coverage
through the Answer: Louisiana Health Insurance Association
⫸ Which of the following unfair trade practices involves a producer
who makes malicious public statements regarding an insurer's financial
condition? Answer: defamation
⫸ Within how many days must a producer submit a change in address?
Answer: 30
⫸ A policy-owner who anticipates death or develops a life threatening
condition may obtain proceeds from a life insurance contract. These
proceeds are known as Answer: Accelerated benefits
⫸ On occasion, insurable interest may exist in the absence of economic
interest. Which of the following examples does this pertain to? Answer:
husband/wife
⫸ How often must an insurance producer's license in Louisiana be
renewed? Answer: every two years
, ⫸ How often must the commissioner examine each domestic insurance
company's? Answer: Every 5 years
⫸ Which of these is NOT an unfair claims settlement practice? Answer:
Offering to settle a claim by arbitration
⫸ Charles is a producer who is licensed in Louisiana but resides in
Mississippi. Charles is considered to be a(n) Answer: nonresident
producer
⫸ Which entity regulates claim settlement practices? Answer: State
insurance departments
⫸ a licensed producer MUST be_____ by an insurer to be eligible for
soliciting insurance contracts. Answer: Appointed
⫸ How many days is a temporary producer's license valid? Answer: 180
⫸ Which license is REQUIRED in order to solicit Long Term Care
insurance in the State of Louisiana? Answer: Health Insurance Producer
License
⫸ Which of these is a requirement for obtaining a resident insurance
producer license in this state? Answer: Pass the appropriate examination
STUDY SHEET WITH COMPLETE QUESTIONS
AND ACCURATE ANSWERS
⫸ Louisiana residents who are uninsurable may obtain health coverage
through the Answer: Louisiana Health Insurance Association
⫸ Which of the following unfair trade practices involves a producer
who makes malicious public statements regarding an insurer's financial
condition? Answer: defamation
⫸ Within how many days must a producer submit a change in address?
Answer: 30
⫸ A policy-owner who anticipates death or develops a life threatening
condition may obtain proceeds from a life insurance contract. These
proceeds are known as Answer: Accelerated benefits
⫸ On occasion, insurable interest may exist in the absence of economic
interest. Which of the following examples does this pertain to? Answer:
husband/wife
⫸ How often must an insurance producer's license in Louisiana be
renewed? Answer: every two years
, ⫸ How often must the commissioner examine each domestic insurance
company's? Answer: Every 5 years
⫸ Which of these is NOT an unfair claims settlement practice? Answer:
Offering to settle a claim by arbitration
⫸ Charles is a producer who is licensed in Louisiana but resides in
Mississippi. Charles is considered to be a(n) Answer: nonresident
producer
⫸ Which entity regulates claim settlement practices? Answer: State
insurance departments
⫸ a licensed producer MUST be_____ by an insurer to be eligible for
soliciting insurance contracts. Answer: Appointed
⫸ How many days is a temporary producer's license valid? Answer: 180
⫸ Which license is REQUIRED in order to solicit Long Term Care
insurance in the State of Louisiana? Answer: Health Insurance Producer
License
⫸ Which of these is a requirement for obtaining a resident insurance
producer license in this state? Answer: Pass the appropriate examination
