Louisiana Life Insurance: The Basics

Louisiana life insurance regulations mostly concern claims issues. However having a basic understanding of these regulations is still a good idea.

Premiums can vary by as much as 50%. Visit Netquote, where you can fill out a short form, select a plan, and input your personal data for a true personalized quote in minutes. Click here to start.

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Louisiana life insurance state regulations

Basic state regulations:

  • A 10-day "free look" provision.
  • Insurers are obligated to settle a life insurance claim within 60 days of receiving the necessary documentation.
  • Companies can put an exclusion period on claims where suicide is the cause of death.
  • Misrepresentation on an application or policy is illegal in Louisiana, and violators may be subject to penalty.

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To apply for a Louisiana term life insurance, or if you just want a quick online quote, visit Netquote now.
If you are not sure about what type of life coverage you want, you can also try Insurecom. They will put you in touch with agents who can answer any questions that you might have.

The Louisiana Life Insurance Association

In order to qualify for this protection under this association, your insurer must be licensed in Louisiana. You can check by calling the Louisiana Department of Insurance office toll free at (800)259-5300.

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Apply now for a quote at Netquote
(for Louisiana term life insurance), or Insurecom.
All quotes are from licensed insurers in Louisiana.

Additional LA life insurance information

To get the best price on your LA life insurance policy, start with our guide to term life insurance or sign-up for our free life insurance course (see below).

For more information on LA life insurance laws and regulations, visit the state's official website at the Louisiana Department of Insurance.

For more help . . .

Getting the lowest possible premium on your life insurance is almost like an art form. There are many variables to consider, and to get the right balance of term length, benefit amounts, and policy riders and illustrations, you need to take a careful step-by-step approach to the buying process.

Our free life insurance course is designed to help you do just that.

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