How to Get a Life Insurance License in Louisiana

Written by: Mary Gerardine

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How to Get a Life Insurance License in Louisiana

Getting your Louisiana life insurance license is the first step toward becoming a life insurance agent in the state.

The Louisiana Department of Insurance (LDI) requires you to complete a five-step process to become a life insurance agent in Louisiana — from taking the life insurance exam to applying for a license.

These steps will take a few weeks to complete so we recommend you bookmark this page so you can use it as a reference throughout the process.

How to Get Your Louisiana Life Insurance License

  1. Complete a Louisiana Insurance Pre-license Course (Kaplan Education Company – $149+)
  2. Take the Louisiana Life Insurance Licensing Exam (PSI Exams – $38)
  3. Get a Fingerprint-Based Background Check (PSI Exams – $39.25)
  4. Complete a Louisiana Life Insurance License Application (National Insurance Producer Registry (NIPR) – $75 application fee + $5.60 transaction fee)
  5. Watch for Your Application Results

Life Insurance License Louisiana

Obtaining your Louisiana life insurance license isn’t difficult. Just follow these five steps to start your journey toward becoming a life insurance agent. Once you earn this license, check out our guide on how to get your Louisiana property and casualty (P&C) license as well.

Step 1: Complete a Louisiana Insurance Pre-license Course

Before you take the Louisiana life insurance licensing exam, it’s important to make time to acquire the knowledge you’ll need to pass this exam on your first attempt. Completing a pre-license education course will equip you with the necessary information and tools you’ll need to prepare for your exam.

While Louisiana doesn’t have any formal pre-license education requirements, most insurance professionals opt to take a pre-license education course online. Others purchase books or self-study materials to prepare themselves for the exam.

A pre-license education course provides very specific industry knowledge that will be tested during the exam. There is very little information on the test that could be considered “common sense”. Pre-license education courses are self-paced and include study materials like practice exams and flashcards.

Beyond helping you effectively prepare for and pass the life insurance licensing exam on your first try, taking a pre-license education course also will give you a solid understanding of your duties as a life insurance agent.

Recommended

Doing a pre-licensing education course dramatically increases your chance of passing your exam on your first attempt, which can end up saving you both time and money in the long run. For pre-licensing education, StateRequirement recommends:

4.7 out of 5 starsKaplan Education Company

Step 2: Take the Louisiana Life Insurance Licensing Exam

After you complete a prep course and your own independent studying, it’s time to take the Louisiana life insurance exam. Your pre-license education provider will report your course completion to PSI Exams. Once your pre-license education is on file with PSI, you may register for and schedule your exam.

Louisiana uses PSI Exams as its official testing service for delivering licensure exams.

The Louisiana life insurance exam outline contains a total of 100 scored questions, which cover topics like Louisiana insurance regulation, federal tax considerations for life insurance, and more. 

You’ll have 120 minutes to complete the exam. The Louisiana life insurance exam fee is $38, which you must pay at the time of reservation by credit card, debit card, or voucher. The exam is a proctored test, meaning an official proctor will closely monitor you in a controlled environment.

If you happen to fail the Louisiana life insurance exam, you can schedule a retake as soon as 24 hours after your first attempt.

Tip

Check out our in-depth insurance exam guide for tips to help you pass on the first attempt.

The best way to understand if you are prepared for the test is to take a Life Insurance Practice Exam.

Step 3: Get a Fingerprint-Based Background Check

After you take the Louisiana life insurance exam, you must get a fingerprint-based background check from PSI ExamsThe fee for fingerprinting services is $39.25 to cover the cost of comparing your prints against criminal history records. 

You don’t need to schedule an appointment; you can submit your fingerprints electronically at one of the PSI Louisiana sites. A list of PSI testing locations and walk-in hours is available on the PSI website. 

LDI will receive your fingerprinting results within seven to 10 days from the submission of your fingerprints. For more information on PSI’s fingerprinting services, call (855) 579-4644.

Step 4: Complete a Louisiana Life Insurance License Application

Once you pass the life insurance exam and complete the background check, you can apply for your Louisiana life insurance license. The application fee is $75 plus a $5.60 transaction fee. You must apply online via the NIPR.

The LDI will issue a life insurance license to individuals who are at least 18 years old and have passed the proper licensing exam. You also should create a user account on Louisiana’s Industry Access portal where you can manage your online filings as a licensee.

To apply for a life insurance license in Louisiana, make sure you comply with the insurance licensing requirements as defined under the Louisiana Insurance Code and the Louisiana Administrative Code.

Send any questions or supporting documents to producerlicensing@ldi.la.gov.

Step 5: Watch for Your Application Results

After you complete the previous four steps, the LDI’s Division of Producer Licensing will review your application and background check. 

The best way to check your application status is to visit your Industry Access account. 

You can print your license from the Industry Access portal or the NIPR website. There’s no charge to create an account or print a license. You also can use LDI’s Producer Adjuster Search tool to search for and manage your license.

Congratulations!

You’re now ready to get started as a life insurance agent in Louisiana.

Steps After Securing Your Louisiana Life Insurance License

Once you complete the above steps and have your Louisiana life insurance license, there are a few steps you’ll need to take in order to a) excel as an insurance agent, and b) maintain your life insurance license.

Let’s take a brief look at these below.

Obtain All Relevant Securities Licenses

If you’re planning on selling advanced life insurance products, you’ll likely need to pass the Securities Industry Essentials (SIE) exam and obtain the relevant securities licenses (e.g., Series 6, 7, and 63).

For more information on this step, you can have a look at our in-depth Securities Licensing overview.

Choose a Means of Selling

You’ll have to decide whether you’d prefer working as a captive agent employed by one company, or running your own business as an independent agent.

If you’re just starting out, you’ll likely benefit from working as a captive agent, but this will ultimately depend on your personal aspirations and opportunities.

Develop Your Marketing Approach

To succeed as an insurance agent, you’ll need to adopt a marketing approach that’s effective for you.

We recommend finding and sticking to a niche, as well organizing all client appointments for the start of your week. This is because this can improve your overall client conversions.

Keep Your License Valid

In Louisiana, you must take 24 hours of continuing education (CE) every two years to renew your insurance license. Three of those hours must focus on ethics. 

If you sell annuity products in Louisiana, you will also need to complete a one-time, four-hour training course. This requirement is separate from the CE requirements for a licensee and applies to both resident and nonresident producers. 

In Louisiana, you only need to file a single license renewal to renew all eligible lines on your license. Licenses renew on the last day of your birth month, with your license number determining the renewal year. 

To avoid delays in renewing your license, you must complete your required CE hours at least 90 days before your license expires. You can renew your license online by using either the Industry Access portal or the NIPR website. The renewal fee is $50.

For a more in-depth look at each one of these steps, check out our Steps After Getting Your Insurance License guide.

Louisiana Department of Insurance Contact Information

Mailing Address

Louisiana Department of Insurance
P.O. Box 94214
Baton Rouge, LA 70804

Phone: (225) 342-0860

Email: producerlicensing@ldi.la.gov 

Website: https://www.ldi.la.gov/ 

License Search: Louisiana Insurance License Search

Louisiana Life Insurance License FAQ

How much does it cost to get a life insurance license in Louisiana?

Obtaining a life insurance license in Louisiana requires these fees: 
Insurance Pre-license Education Course Fee: $149+ via Kaplan Education Company
Exam Fee: $38 via PSI Exams
Fingerprint-Based Background Check Fee: $39.25 via PSI Exams
Application Fee: $75 application fee + $5.60 transaction fee via the NIPR

How long does it take to process a life insurance license application in Louisiana?

To know if your license has been issued, check your application status by visiting your Industry Access account.

Can I get a temporary life insurance agent license in Louisiana?

Yes. Louisiana provides a 60-day, temporary life insurance license. You can submit a request for a temporary license to the Louisiana Department of Insurance via email at producerlicensing@ldi.la.gov.

Can I get an emergency life insurance agent license in Louisiana?

No. An emergency license isn’t available for life insurance agents in Louisiana.

Do I need to get my securities license on top of a life insurance license in Louisiana?

Probably. While you can sell certain basic life insurance products with just a life insurance license, a securities license removes the limits on what you can sell and puts you in a much better career position. As a securities license holder, you can provide your clients with products tied to the securities market as part of their retirement and life insurance plans. But, you’ll need FINRA accreditation to obtain your securities license.

What can I sell with a life insurance license in Louisiana?

With a Louisiana life insurance license, you can sell life insurance policies that pay a designated beneficiary when the insured person dies. You also can sell annuities that pay a set income at retirement.

How much can you make with a life insurance license in Louisiana?

According to ZipRecruiter, life insurance agents earn an average of $79,730 per year.

What are the limitations of a Louisiana life insurance license?

Unless you have multiple licenses to sell various types of insurance products (e.g., the combined life and health insurance license), having a Louisiana life insurance license only qualifies you to sell life insurance policies as well as retirement plans and annuities. You can’t sell other types of insurance. A securities license on top of your life insurance license removes that limitation and enables you to offer securities, including stocks and bonds.

Can I cancel my life insurance license in Louisiana?

Yes. To cancel your license, download and fill out the License Surrender and Letter of Clearance form. Submit your completed form by fax to 225-342-3754 or by email to producerlicensing@ldi.la.gov.

How hard is it to get a life insurance license in Louisiana?

The process is quite simple! Follow the steps above and get started today!

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