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Louisiana Property and Casualty Insurance Law Questions & Answers
- Exam (elaborations) • 4 pages • 2023
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Authorized insurers may choose not to participate in the plan - ANSWERSAll of the following are true regarding the Louisiana Automobile Insurance Plan EXCEPT: 
 
short-rate - ANSWERSThe named insured may cancel a property insurance policy in this state at any time, in which case the insurer must refund any unearned premium due on a __________ basis: 
 
Standard fire policy - ANSWERSThe basis for all property insurance sold in this state is the Louisiana: 
 
Sole proprietors must be covered under...
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Louisiana Property and Casualty Insurance Exam Q&A (RATED A+)
- Exam (elaborations) • 33 pages • 2023
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Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? 
 
a) $125,000 
b) $75,000 
c) $50,000 
d) $25,000 - ANSWERSc) $50,000 
 
Underinsured motorist coverage acts as excess over the at-fault motorist's coverage. It will pay the differe...
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Louisiana Property and Casualty Insurance Exam
- Exam (elaborations) • 33 pages • 2023
-
- $12.99
- + learn more
Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? 
 
a) $125,000 
b) $75,000 
c) $50,000 
d) $25,000 - Answer- c) $50,000 
 
Underinsured motorist coverage acts as excess over the at-fault motorist's coverage. It will pay the differ...
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Louisiana Property and Casualty Insurance Exam Bundles
- Package deal • 21 items • 2023
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LA Claims Adjuster Property and Causality Practice , Exam Prep, State Insurance Laws , Property and Casualty Insurance Basics, Louisiana Property and Casualty Insurance Law , Property and Casualty Insurance EXAM Correct Questions & Answers(SCORED A)
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Louisiana Property and Casualty Insurance Practice Questions & Answers(GRADED A+)
- Exam (elaborations) • 7 pages • 2023
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180 days - ANSWERSThe maximum term a temporary license may be issued for is 
 
32 - ANSWERSContinuing Education hours for a producer holding both a L&H and a P&C is 
 
every odd numbered year - ANSWERSProperty & Casualty licenses must be renewed 
 
$25,000 - ANSWERSWhat is the maximum fine that may be imposed for a willful violation of a cease and desist order issued by the commissioner? 
 
April 30th of odd years - ANSWERSP&C producers license expires on 
 
Must reside or maintain a principal p...
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Louisiana Property and Casualty Insurance Law Correct 100%(GRADED A)
- Exam (elaborations) • 4 pages • 2023
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- $10.99
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Authorized insurers may choose not to participate in the plan - ANSWERSAll of the following are true regarding the Louisiana Automobile Insurance Plan EXCEPT: 
 
short-rate - ANSWERSThe named insured may cancel a property insurance policy in this state at any time, in which case the insurer must refund any unearned premium due on a __________ basis: 
 
Standard fire policy - ANSWERSThe basis for all property insurance sold in this state is the Louisiana: 
 
Sole proprietors must be covered under...
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Louisiana Property and Casualty Insurance Exam Correct 100%(SCORED A+)
- Exam (elaborations) • 33 pages • 2023
-
- $11.99
- + learn more
Driver A has a personal auto policy with Part C: UM/UIM limits of 100/300. He is injured by Driver B who has Part A: Bodily Injury Liability limits of 50/100. It is determined that Driver B is at fault for the accident. Driver A has $125,000 in medical expenses. How much will his Part C: UM/UIM coverage pay? 
 
a) $125,000 
b) $75,000 
c) $50,000 
d) $25,000 - ANSWERSc) $50,000 
 
Underinsured motorist coverage acts as excess over the at-fault motorist's coverage. It will pay the differe...
-
Louisiana Property and Casualty Insurance Practice Questions & Answers(GRADED A)
- Exam (elaborations) • 7 pages • 2023
- Available in package deal
-
- $10.99
- + learn more
180 days - ANSWERSThe maximum term a temporary license may be issued for is 
 
32 - ANSWERSContinuing Education hours for a producer holding both a L&H and a P&C is 
 
every odd numbered year - ANSWERSProperty & Casualty licenses must be renewed 
 
$25,000 - ANSWERSWhat is the maximum fine that may be imposed for a willful violation of a cease and desist order issued by the commissioner? 
 
April 30th of odd years - ANSWERSP&C producers license expires on 
 
Must reside or maintain a principal p...
-
Louisiana Property and Casualty Insurance Law Correct 100%(SCORED A)
- Exam (elaborations) • 4 pages • 2023
- Available in package deal
-
- $10.99
- + learn more
Authorized insurers may choose not to participate in the plan - ANSWERSAll of the following are true regarding the Louisiana Automobile Insurance Plan EXCEPT: 
 
short-rate - ANSWERSThe named insured may cancel a property insurance policy in this state at any time, in which case the insurer must refund any unearned premium due on a __________ basis: 
 
Standard fire policy - ANSWERSThe basis for all property insurance sold in this state is the Louisiana: 
 
Sole proprietors must be covered under...
-
Louisiana Property & Casualty Exam - PSI & Exam Correct 100%
- Exam (elaborations) • 7 pages • 2023
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Available in package deal
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- $11.99
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If a producer allows his license to lapse, within what time period may the producer reinstate the same license? - ANSWERSb) 2 years 
 
Producers who allow their license to lapse may reinstate them same license within 2 years, upon proof of fulfilling all continuing education requirements through the date of reinstatement, & by paying all overdue fees. 
 
Which of the following would be eligible for Homeowners Coverage F - Medical Payments in the event of injury at the insured's premises? - ANSW...