Louisiana Laws and Rules Exam
Questions with 100% Correct Answers |
Verified | Latest Update 2024
Which license is REQUIRED in order to solicit Long Term Care insurance in the State of
Louisiana? - ✔✔Health Insurance Producer License
A form of medical health insurance covering the treatment and care of gum disease is called -
✔✔Dental expense insurance
In health insurance, the insured must furnish written proof of loss to the insurer within -
✔✔90 days of the occurrence of the loss
A licensed producer who changes a residential or business address must notify the
Commissioner within how many days? - ✔✔30
Which type of Medicare Supplement information can be used without prior state approval? -
✔✔Government publications
, An insurable interest exists between all of the following individuals EXCEPT - ✔✔two neighbors
who are not related
The Commissioner may suspend a producer's license for all of the following reasons EXCEPT -
✔✔Sharing commissions with other licensed producers
A producer who is licensed in Louisiana but resident in another state is called a -
✔✔nonresident producer
The life insurance and annuity replacement regulation defines replacement as - ✔✔exchanging
an existing policy for a new policy
Under which circumstances must a producer's insurance business records be provided to the
Louisiana state Insurance Commissioner? - ✔✔Upon request of the Commissioner
What happens if the insurer discovers that the insured's age was accidentally misstated on an
application for an individual life insurance policy? - ✔✔Benefits will be calculated according
to how much coverage the premium paid would have purchased for the correct age
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