Louisiana State Board Exam questions and 100% correct answers Louisiana Property and Casualty Insurance Exam questions and verified correct answers
[Show more]
When are group disability benefits considered to be tax-free to the insured? - correct answer When the recipient pays the premiums An insurable interest in each other's lives may exist in absence of an economic interest when the individuals are - correct answer Marriage partners What is the...
Preview 2 out of 14 pages
Add to cartWhen are group disability benefits considered to be tax-free to the insured? - correct answer When the recipient pays the premiums An insurable interest in each other's lives may exist in absence of an economic interest when the individuals are - correct answer Marriage partners What is the...
Accelerated Benefits - correct answer riders attached to life insurance policies which allow death benefits to be used to cover nursing and convalescent home expenses. Accident - correct answer an unplanned, unforeseen event which occurs suddenly and at an unspecified place. Accident Insuran...
Preview 2 out of 7 pages
Add to cartAccelerated Benefits - correct answer riders attached to life insurance policies which allow death benefits to be used to cover nursing and convalescent home expenses. Accident - correct answer an unplanned, unforeseen event which occurs suddenly and at an unspecified place. Accident Insuran...
Agent/Producer - correct answer A legal representative of an insurance company; agents are the agents of the insurer. Applicant/Proposed Insured - correct answer A person applying for insurance. Broker - correct answer An insurance agent not appointed by an insurer and deemed to represen...
Preview 1 out of 3 pages
Add to cartAgent/Producer - correct answer A legal representative of an insurance company; agents are the agents of the insurer. Applicant/Proposed Insured - correct answer A person applying for insurance. Broker - correct answer An insurance agent not appointed by an insurer and deemed to represen...
1x sold
Insurance - correct answer the transfer of Pure risk to the insurance company in consideration for a premium must be pure risk and calculable. Pure Risk - correct answer the chance of loss without any chance of gain; insurable Speculative Risk - correct answer possibility for gain or los...
Preview 3 out of 27 pages
Add to cartInsurance - correct answer the transfer of Pure risk to the insurance company in consideration for a premium must be pure risk and calculable. Pure Risk - correct answer the chance of loss without any chance of gain; insurable Speculative Risk - correct answer possibility for gain or los...
6x sold
All of the following are correct about the required provisions of a health insurance policy EXCEPT A. The entire contract clause means the signed application, policy, endorsements, and attachments constitute the entire contract. B. A reinstated policy provides immediate coverage for an illness...
Preview 4 out of 90 pages
Add to cartAll of the following are correct about the required provisions of a health insurance policy EXCEPT A. The entire contract clause means the signed application, policy, endorsements, and attachments constitute the entire contract. B. A reinstated policy provides immediate coverage for an illness...
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 cove...
Preview 4 out of 48 pages
Add to cartDriver 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 cove...
Commissioner's term of office - correct answer 4 years Commissioners will examine each insurer - correct answer 5 years Time to conduct a hearing - correct answer 30 days Age to apply for producer's license - correct answer 18 years old Producer license valid for how long - co...
Preview 2 out of 7 pages
Add to cartCommissioner's term of office - correct answer 4 years Commissioners will examine each insurer - correct answer 5 years Time to conduct a hearing - correct answer 30 days Age to apply for producer's license - correct answer 18 years old Producer license valid for how long - co...
1x sold
If a producer allows his license to lapse, within what time period may the producer reinstate the same license? - correct answer b) 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 th...
Preview 2 out of 8 pages
Add to cartIf a producer allows his license to lapse, within what time period may the producer reinstate the same license? - correct answer b) 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 th...
What is the governing body that safeguards the people against dishonest, incompetent, or unprincipled practitioners? - correct answer The state What confers the privilege of practicing veterinary medicine in Louisiana? - correct answer legislative grant What is an animal? - correct answer A...
Preview 3 out of 17 pages
Add to cartWhat is the governing body that safeguards the people against dishonest, incompetent, or unprincipled practitioners? - correct answer The state What confers the privilege of practicing veterinary medicine in Louisiana? - correct answer legislative grant What is an animal? - correct answer A...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller brittton. Stuvia facilitates payment to the seller.
No, you only buy these notes for $33.29. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
81298 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now