Free Louisiana Insurance FAQs | Free Louisiana Insurance Legal Documents

Are The Exams Good For All Lines?

Tue, 29 May 2007 21:19:00 GMT

Each license is valid only for the line(s) of insurance on the license issued you. When applying for a license that requires an examination, submit Form 1114A and register for an exam at the same time.

Can I Be Exempt From Pre-Licensing And Exam Requirements?

Tue, 29 May 2007 21:19:00 GMT

Prelicensing education and property and casualty exams are not required of any applicant who has earned the Chartered Property Casualty Underwriter (CPCU) designation of the American Institute for Property and Liability Underwriters, Incorporated, and who is in good standing with a local chapter of the Society of Chartered Property and Casualty Underwriters. Prelicensing education and life, health and accident exams are not required of any applicant who has earned the Chartered Life Underwriters (CLU) designation of the American College of Life Underwriters and who is a member in good standing with a local chapter of the American Society of Chartered Life Underwriters. Certification of a designation award must be included with Application Form 1114A.

How Do I Begin The Application Process?

Tue, 29 May 2007 21:19:00 GMT

Begin the process by completing Application Form 1114A. Use a separate Form 1114A for each type of license you wish to apply for. Use only a current Form 1114A. Indicate one of the following choices on your application:

New Resident License:
Check if you are a firsttime applicant or if more than three years has elapsed since you last held a license.

Nonresident License:
Check if you hold a resident license in another state or province of Canada.

Temporary License:
A temporary license may be issued for a period of 90 days to one of the following:

to the surviving spouse, next of kin, administrator, executor, employee or legal guardian of a licensee who is deceased or who becomes disabled.
to a member or employee of a partnership or officer or employee of a corporation licensee, upon the death or disability of an individual registered under the partnership or corporation license.
to the designee of a licensee entering active service in the U.S. armed forces.

Amended License:
Check if you are adding an additional line(s) of authority to a license. Example: If you are a life agent and wish to add property and casualty, check here.

How Do I License My Company As An Agency?

Tue, 29 May 2007 21:19:00 GMT

Corporations and partnerships must be licensed in order to transact insurance business and/or to receive commissions. All Firm applicants must submit Form 1114B (available from the Department) and the appropriate fees directly to the Department via US Postal Service only. At the time of application, at least one of the Firm's officers, partners or employees must hold a license for the same line of authority as applied for by the applicant. Contact the Department directly to request a Firm Application.

How Do I Obtain A Letter Of Certification?

Tue, 29 May 2007 21:19:00 GMT

Resident agents, brokers and solicitors needing current proof of licensing in Louisiana for purposes of nonresident licensing in other states or for purposes of securing appointments with insurers are advised to request a Letter of Certification. A Letter of Certification provides current license status, indicates a licensee is in "good standing" and other information. To request a Letter of Certification, send a written request (including the FULL name of the licensee and the license number) along with a $3 fee for EACH certificate requested, to the Department, including the FULL name of the licensee and the license number.

How Do I Schedule Or Cancel And Exam?

Tue, 29 May 2007 21:19:00 GMT

Appointments and cancellations
Once you have registered for an exam (an original or a retake), you must arrange the time and place for taking it by calling 18008716457. You may take your examination at any Experior testing center nationwide. Appointments are available three to five days per week at most centers. If you miss or are late for your appointment, you will be assessed a $40 rescheduling fee. If you need to change your appointment time, you must contact Experior three full working days before the day of your appointment to allow time to refill your appointment slot, or you will be subject to this same fee when you reschedule your exam. To reinstate or reschedule your exam, please call 18008716457. If you are too ill to take your exam at the scheduled time, you may submit a letter from your doctor or hospital (on their letterhead). The rescheduling fee may be waived in this circumstance.

Retaking an exam
If you do not pass, send another exam registration form or call Experior to register and schedule the examination. If you retest, another Experior registration fee is required. Remember also that your 180day license application period must still be valid. NOTE: There is no limit to the number of times you may take an exam within the 180day period. If you did not pass the exam and wish to retake the exam, mail another Examination Registration form or use Express Registration. Express Registration is available by telephone or fax. This is an expedited process available for an additional $5 fee.

How Is The Exam Given?

Tue, 29 May 2007 21:19:00 GMT

Your examination will be given by computer at an Experior testing center. You must present a valid form of identification before you may test, and it must meet the following criteria:

the document must be governmentissued (driver's license, stateissued identification card or military identification);
it must have a current photo and your signature; and
the name on the identification must be the same as the name used to register for the examination (including designations such as "Jr." or "III," etc.).

FAILURE TO PROVIDE APPROPRIATE IDENTIFICATION AT THE TIME OF THE EXAMINATION IS CONSIDERED A MISSED APPOINTMENT

My License Has Lapsed, How Do I Get It Reinstated?

Tue, 29 May 2007 21:19:00 GMT

A license can be reinstated for up to three years after the May 1 anniversary date on which it expired, provided you continue to meet all requirements. You must file a completed application, pay the appropriate fees and show proof of completing continuing education for your license type. Contact the Department directly to request a reinstatement application.

What Are Some Special Test Considerations For Someone With A Disability Or Where English Is Not Their Primary Language?

Tue, 29 May 2007 21:19:00 GMT

Americans with Disabilities Act (ADA)
Examinees with a physical or mental impairment that substantially limits a major life activity may be eligible for accommodation in the testing process to assure you that the tests accurately reflect skills, knowledge or abilities. Experior is fully compliant with ADA guidelines and will provide reasonable accommodations. Examinees should contact Experior to request documentation forms to submit when registering to test. Registration and scheduling services are also available via our Telecommunications Device for the Deaf (TDD) by calling 18007903926.

English as a Second Language (ESL)
If English is not your primary language, you may qualify for additional time for your test by requesting an ESL Authorization from Experior. Please include:

a personal letter requesting the authorization; AND
a letter from your English instructor or sponsoring company (on company letterhead) certifying that English is not your primary language.

If documentation is approved, Experior may extend the time limit on your examination up to one hour. You will be notified by mail of this approval, and should not schedule your exam until you have received the approval letter.

What Are The Application Filing Requirements?

Tue, 29 May 2007 21:19:00 GMT

All applications must be mailed to either the Department or Experior, as instructed, through the U.S. Postal Service only. Any application received through any other carrier will not be processed and will be returned.

What Are The Continuing Education (Ce) Requirements?

Tue, 29 May 2007 21:19:00 GMT

All Louisiana resident and nonresident agents, brokers and solicitors (except persons holding industrial fire, title, fidelity and surety, or a license for lines that require no examination) must meet continuing education (CE) requirements. Send a written request to the Department for information concerning exemptions from CE requirements for certain persons age 65 and over. Courses and course providers must be approved by the Department and the Insurance Education Advisory Council. Licensees are responsible for attending classes and filing the proper forms. Any new licensee issued a license within the two years preceding renewal of the license is not required to meet CE requirements for the first renewal period only. Refer to the following table for course hour requirements of specific licenses.

Minimum Hours Biannual
Property & Casualty only ................................................... 24 hours
Life, Health & Accident only ............................................... 16 hours
Bail Bond ........................................................................ 12 hours
Property & Casualty ......................&&............................... 20 hours
Life, Health & Accident ......................&&........................... 12 hours

You must file copies of the continuing education certificates with your renewal application.

What Are The Exam Fees For Louisiana?

Tue, 29 May 2007 21:19:00 GMT

All registration and application fees are nonrefundable and nontransferable.

Series Exam Fee
    1401 Life $69.00
    1402 Health and Accident $69.00
    1403 Life, Health and Accident (Combination) $92.00
    1404 Property $69.00
    1405 Casualty $69.00
    1406 Property and Casualty (Combination) $92.00
    1407 Bail Bond $69.00
    1408 Fidelity and Surety $69.00
    1409 Industrial Fire $69.00
    1410 Surplus Lines $69.00
    1411 Title $69.00
    1413 Vehicle Physical Damage $69.00
    Express Registration Fee (Phone or fax for retakes ONLY) $5.00

License Fee
    Agent License $35.00
    Broker License $55.00
    Solicitor License $30.00
    Bail Bond, Agent $45.00
    Bail Bond, Solicitor $40.00
    Surplus Lines, Broker $175.00
    Variable Annuity, Agent $40.00

What Are The General Guidelines For An Insurance License?

Tue, 29 May 2007 21:19:00 GMT

To be licensed in Louisiana you must meet two basic requirements: you must be trustworthy and you must be competent. You will be asked a number of background questions in the application and your answers to these questions help determine your trustworthiness. For the major lines of insurance, a competency examination is required and passage will demonstrate your mastery of an entrylevel knowledge of insurance laws and regulations and the products and services available to insurance consumers. After you meet all requirements for licensure, you must know, understand and abide by the laws, regulations and rules of procedure, which govern the business of insurance in Louisiana.

What Are The General Resident License Requirements?

Tue, 29 May 2007 21:19:00 GMT

To hold a license, a Louisiana resident must:

be at least 18 years of age;
reside in or maintain a principal place of business in Louisiana;
complete a prelicensing education program (when required)
and pass an examination (when required);
and submit the appropriate forms and fees.

What Are The License Application Fees?

Tue, 29 May 2007 21:19:00 GMT

The initial fee depends upon the type and line(s) of insurance you are seeking. License fees are nonrefundable and nontransferable.

What Are The Pre-Licensing Education Requirements?

Tue, 29 May 2007 21:19:00 GMT

Prelicensing education requirements help ensure a minimum level of knowledge about the products and services that agents, brokers and solicitors offer to the public. In addition, license candidates must understand and comply with the laws and rules that govern insurance. You must meet the following requirements before applying for a license.

    Line(s) of Insurance Course Hours
    Life ................................................................... 32
    Health and Accident ............................................ 32
    Life, Health and Accident ..................................... 32

    Property.......................................................... 32
    Casualty..... ................................................... 32
    Property and Casualty ...................................... 32
    Bail Bond ......................................................... 8
    Title &............................................................ None

Your sponsoring insurance company will give you a list of authorized prelicensing schools. You may also send a written request to the Department for a current list. Include a selfaddressed, stamped #10 envelope with your request. A prelicensing education certificate is issued at the end of your course. The certificates must be printed on either state or school letterhead. The certificate is valid for one year. You must pass your license exam within 12 months of the date of the certificate.

You must bring your original prelicensing education certificate, including the seal and the prelicense school number, to the testing center when you test. Altered certificates WILL NOT be accepted. If your certificate has been altered, contact your prelicensing provider to get a corrected certificate prior to your testing.

What Are The Requirements For A Nonresident Individual License?

Tue, 29 May 2007 21:19:00 GMT

A nonresident must comply with the following requirements for either a nonresident agent license for Life, Health and Accident or Property and Casualty; or a nonresident broker license for Property and Casualty:

be at least 18 years of age;
be in compliance with continuing education requirements in the resident state, or another state in which a nonresident license is held;
submit a letter of certification issued by the applicant's state Department of Insurance within 90 days of application that verifies the applicant is licensed for the lines of insurance for which he/she is applying in Louisiana;
If applying for a broker license include Form 1118D Bond in the amount of $25,000 or the applicant's domiciliary state's bond amount, whichever is higher. The licensing fee charged is reciprocal with the applicant's domiciliary state. The higher of the Louisiana fee and the domiciliary state fee will be charged. Licensing fees are nonrefundable. For the appropriate fee for the applicant's resident state, contact the Department at 2253420860.
Mail the application with appropriate fees by U.S. Postal Service to the following address:
Agent Licensing Division
Louisiana Department of Insurance
P.O. Box 94214
Baton Rouge, LA 708049214

What Are The Security Procedures During The Exam?

Tue, 29 May 2007 21:19:00 GMT

The following security procedures will apply during the exam:

examination contents are proprietary. No cameras, notes, tape recorders, phones or pagers are allowed in the testing room;
no programmable calculators are permitted; and
no valuables or weapons should be brought to the testing center. Only keys and wallets may be taken into the testing room, and Experior is not responsible for items left in the reception area.

What If I Am An Agent Moving To Louisiana?

Tue, 29 May 2007 21:19:00 GMT

Nonresidents licensed in another state who move to Louisiana and wish to apply for a resident license should follow the directions for Louisiana residents. Applicants must meet prelicensing education requirements and submit Form 1114A and fees along with a previous home state Letter of Clearance to Experior. The applicant's home state clearance letter must confirm that the license in that state is canceled and that the applicant has no open complaints and/or administrative actions.

NOTE: Some requirements may not apply if moving from certain other states. Contact the Department in advance of applying to find out if any requirements can be waived.

What If I Need Additional Appointments?

Tue, 29 May 2007 21:19:00 GMT

To obtain additional appointments for other companies, each company must submit an appointment form authorizing the additional appointment, together with a $10 fee for residents or reciprocal fees for nonresidents.

What If My Address Changes?

Tue, 29 May 2007 21:19:00 GMT

The Department must be notified in writing within 10 days if an individual or firm changes its mailing, business or residential address at any time. The notice must be submitted on a current Change of Address form. A $50 fine is imposed if an individual or firm fails to maintain a valid address on file.

What Is The Procedure For Registering For An Exam?

Mon, 04 Jun 2007 21:51:22 GMT

Experior of St. Paul, Minn., administers the examination program. Experior provides computerized exams and obtains your license photo through a multistate network of testing centers. The Louisiana Area Experior testing centers are located in Alexandria, Baton Rouge, New Orleans, Shreveport and Beaumont, Texas. You may test at any Experior center across the United States. Experior works closely with the Department and its Examination Review Committee to assure that exams meet local requirements and professional test development standards. All questions and requests for information about exams should be directed to:

Experior
1360 Energy Park Drive
St. Paul, MN 551085252
Fax: 800.347.9242
TDD User: 800.790.3926
Voice: 800.871.6457

License Application and Examination Registration Procedures
To apply for a license that requires an exam, you must submit all forms and fees to Experior, including:

license application Form 1114A;
Exam Registration Form; and
appropriate fees.

License application and exam registration

Mail the forms for both license application and exam registration (THROUGH THE U.S. POSTAL SERVICE ONLY) to Experior. To verify correct spelling of your name, attach a copy of your driver's license. You may not schedule an exam until your Application Form 1114A and original affidavit forms have been received and the registration process has been completed.

Exam registration and application expiration

An exam registration remains valid for 90 days after Experior has processed it. A license application is valid for 180 days after receipt by the Department. Registrations and applications then automatically expire. New applications are then required together with applicable exam and license fees.

What Is The Question Format?

Tue, 29 May 2007 21:19:00 GMT

The questions that will appear on your licensing examination are multiplechoice and give you four options from which to choose your answer. The examination will contain questions with three different multiplechoice formats.

Experimental Questions
Your exam may include up to five additional questions that will not be scored. These are used to gather statistical information on the questions before they are added to the actual examination for your state. These questions, distributed throughout the exam, WILL NOT:

be counted for or against you in your final examination score; OR
take any time away from your allotted testing time.

What Types Of Licenses Does Louisiana Issue?

Tue, 29 May 2007 21:19:00 GMT

Louisiana issues the following licenses. Each license is valid only for the line(s) of authority shown on the license.

An agent is an individual, partnership or corporation authorized to transact business, with the authority to solicit, negotiate and effect contracts of insurance on behalf of an insurer authorized to do business in Louisiana.
A broker is an individual, partnership or corporation that, for a commission or brokerage compensation, acts for or aids in any manner in negotiating contracts of insurance, or in placing risks or soliciting or effecting insurance for an insured or prospective insured.
A solicitor is any individual authorized by a licensed agent or broker to solicit contracts of property and casualty insurance solely on behalf of the sponsoring agent or broker.
A surplus lines broker is any individual, partnership or corporation who solicits, negotiates or procures insurance with an insurance company not licensed, but approved to do business in Louisiana.

When Does My License Renew?

Tue, 29 May 2007 21:19:00 GMT

All licenses expire on a predetermined schedule regardless of the date of issuance. If you are licensed late in a license period, you may elect to have your license issued effective May 1. If so, you cannot begin transacting insurance business until May 1. If you elect to have your license issued effective near the end of a license period, your license will expire on April 30, and you will be required to renew the license for the new license period, which begins May 1. You will receive a renewal notice from the Department at east 30 days prior to the renewal filing date. The renewal form must be completed and returned to the Department before the required filing date, which will be listed in the upper lefthand corner of the application. A $25 penalty fee is assessed for each application received after the filing date. A new license is NOT issued upon renewal.

Life, Health & Accident These licenses expire April 30 every EVENnumbered year.
License Class Renewal Fee Agent..................................................................... $20.00
Property & Casualty, Fidelity & Surety, Industrial Fire, Title, Bail Bond These licenses expire April 30 every ODDnumbered year.
License Class Renewal Fee Agents.................................................................... $20.00 Solicitors................................................................. $10.00 Brokers................................................................... $65.00
Surplus Lines These licenses expire April 30 every year.
License Class Renewal Fee Surplus Lines Broker ................................................ $175.00

These licenses expire on April 30 every year. To avoid applying for license reinstatement, all surplus lines broker renewals must be filed by May 1 every year, along with the appropriate forms and fees. If a qualified individual is merely listed as a countersigning agent on a firm renewal, a separate renewal application and fee is not needed.

When Will I Receive My License?

Tue, 29 May 2007 21:19:00 GMT

If you pass the exam, your license will be sent to you by mail. After the Department authorizes issue of licenses, Experior produces, prints and mails them.

Which Licenses Require An Exam?

Tue, 29 May 2007 21:19:00 GMT

Licenses requiring an exam
When applying for a license that requires an examination, submit Form 1114A and register for an exam at the same time by submitting the Registration Form.

Agent License:
The appointment section (Part H) of Form 1114A must be completed and signed by an authorized representative of your sponsoring insurer. Only one appointment should accompany your application.

Solicitor License:
The appointment section (Part H) of Form 1114A must be completed and signed by your sponsoring property and casualty agent, agency or broker. Only individuals may be licensed as solicitors.

Broker License:
Bond Form 1118D must be submitted with the application. Do not complete the appointment section (Part H) of Form 1114A. A broker applicant must have been a licensed property and casualty agent for at least two years or have professional experience as an employee of an insurance company, agency or brokerage firm for three years immediately preceding the date of application. Attach to Form 1114A an affidavit from your employer attesting to your qualifications. If you have questions about the experience requirements, contact the Department. Submit your application directly to Experior together with the proper fees and Exam Registration Form.

Bail Bond License:
In addition to Form 1114A, attach a fully completed fingerprint card and local criminal history from your police or sheriff's department.

Surplus Lines Broker License:
As a prerequisite, an applicant must have held a property and casualty license for at least two years or have two years of professional experience as an employee with a property and casualty insurer. An application in the name of a firm requires that all officers or partners placing business be licensed as surplus lines brokers and hold countersigning authority from a surplus lines insurer. When applying, submit Form 1114A together with a Surplus Broker Bond Form 1114G(4) and a Biographical Affidavit Form BIO (2). The application must be mailed to the Department via US Postal Service only. Once approved by the Department, the applicant is sent an exam authorization. Thereafter, the applicant must submit the exam registration form and the appropriate examination fee to Experior.

Licenses not requiring an exam
When applying for a license that doesn't require examination, submit Form 1114A with the appointment section completed by the authorized representative of the sponsoring insurer, along with the appropriate fees, to the Department. Fees for different licenses vary.

Remember: License fees are nonrefundable and nontransferable.

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