Louisiana laws and rules - Study guides, Class notes & Summaries

Louisiana Laws and Rules Chapter 19: Questions and answers with 100% Complete Solutions

Louisiana Laws and Rules questions and answers

Louisiana Laws and Rules Chapter 19: Questions and answers with 100% Complete Solutions | verified &updated 2024

charles is a producer who is licensed in louisiana but resides in mississippi. Charles is considered to be a(n) - Answer Nonresident producer Karen the producer pays for her client's initial premium payment as an incentive for purchase. this act is considered a(n) - Answer Rebate an indemnity plan limitation that will pay the dental bills after a small amount is paid by the insured is called - Answer Coinsurance according to Louisiana law, group life insurance conversion privi...

Louisiana Laws and Rules Chapter 19: Questions and answers with 100% Complete Solutions | verified &updated 2024

Chapter Exam Louisiana Laws and Rules All Answers Correct ______ life is designed to pay the balance of a loan if the insured dies before repayment of the loan. ️Credit A beneficiary change can occur ️normally at any time during the policy term a business entity wishing to act as an insurance producer must ️Obtain a producer's license a cease and desist order ️forbids a stated practice listed in the order a common exclusion or limitation on a dental policy is ️Endodontics ...

Health Ch. 8 LOUISIANA LAWS AND RULES A licensee whose name or address changes must notify the Commissioner within 10 days 30 days 45 days 60 days ️30 days A Louisiana insurance producer solicits a life insurance policy. In the event of a controversy between the insured and the company, the producer is considered to represent the insured beneficiary company policyholder ️company A Medicare Supplement policy cannot deny claims for losses occurring more than how long a...

A Louisiana insurance producer solicits a life insurance policy. In the event of a controversy between the insured and the company, the producer is considered to represent the insured beneficiary company policyholder - Answer company When a producer is replacing an existing ordinary life insurance policy, the producer must take all of the following actions EXCEPT give the applicant a Notice Regarding Replacement of Life Insurance give the applicant the original or a copy of ...

Louisiana Laws and Rules All Answers Correct ____ life is designed to pay the balance of a loan if the insured dies before repayment of the loan. ️Credit. A _____ sells, solicits, or negotiates insurance on behalf of insurance companies for compensation. ️producer A business entity wishing to act as an insurance producer MUST ️obtain a producer's license A company that is authorized by the Commissioner to transact insurance business in Louisiana is called an ️authorized in...

Louisiana laws rules and regulations Section 1 latest update graded A louisiana License Law created the louisiana Real Estate Commission and allows them to establish rules to regulate and protect the public How many members does the LREC have The LREC consist of 11 members appointed by the Governor ( each appointment by the Governor shall be submitted to the Senate for Confirmation How long will the LREC Commission serve 6 year terms ( terms of Commissions are staggered Members of the La. Com...