200 W Congress St # 15, 70501
(337) 234-3014
No website found
117 Norman St, 70508
(337) 237-9577
No website found
2205 W Pinhook Rd Ste 101, 70508
(337) 233-5022
http://www.stielinsurance.com/
315 S College Rd #222, 70503
(337) 234-0717
https://www.westernsouthern.com/wslife/financial-representatives/offices/la-fayette-la-r02-1
1035 Camellia Blvd #102, 70508
(337) 444-6302
https://woodmenlife.org/reps/JamesJohnstone/
2701 Johnston St #302, 70503
(337) 581-0107
http://www.prudential.com/us/lori.broussard
Do you need life insurance in Lafayette, LA? In Louisiana, life insurance is governed by Louisiana Revised Statutes Title 22, which sets out the rules and regulations for insurers doing business in the state. Louisiana law requires that all life insurance policies sold in the state provide certain minimum benefits, including death benefits and accelerated death benefits. Louisiana also has laws prohibiting unfair discrimination in the sale of life insurance, and these laws may provide some additional protections to policyholders.
Louisiana law requires that all life insurance policies sold in the state provide certain minimum benefits, including death benefits and accelerated death benefits. Louisiana also has laws prohibiting unfair discrimination in the sale of life insurance, and these laws may provide some additional protections to policyholders.
Louisiana's minimum death benefit requirements are set forth in Louisiana Revised Statutes 22:865. This law requires that all life insurance policies sold in Louisiana provide a death benefit of at least $5,000. The death benefit must be payable to the named beneficiary or beneficiaries upon the death of the insured.
Louisiana's laws prohibiting unfair discrimination in the sale of life insurance are set forth in Louisiana Revised Statutes 22:1027-1028. These laws prohibit insurers from using any unfairly discriminatory practices in the sale of life insurance, such as discrimination based on race, color, creed, national origin, sex, or marital status. These laws also require insurers to provide certain disclosures to policyholders regarding their rights under Louisiana's anti-discrimination laws.
Louisiana's Life Insurance Consumer Bill of Rights is set forth in Louisiana Revised Statutes 22:1029-1030. This law requires insurers to provide policyholders with certain information about their rights and responsibilities under Louisiana law. The Life Insurance Consumer Bill of Rights also requires insurers to provide policyholders with a copy of Louisiana's Unfair Trade Practices in the Sale of Life Insurance Act, which sets forth additional protections for policyholders.
Louisiana's Unfair Trade Practices in the Sale of Life Insurance Act is set forth in Louisiana Revised Statutes 22:1031-1033. This law prohibits insurers from using any unfair or deceptive practices in the sale of life insurance, such as making false or misleading statements about the coverage or benefits of a policy. The Unfair Trade Practices in the Sale of Life Insurance Act also provides that policyholders have a right to cancel their policies within 30 days if they are not satisfied with the coverage.
Louisiana's Life Insurance Guaranty Association is set forth in Louisiana Revised Statutes 22:1301-1311. The Life Insurance Guaranty Association is a nonprofit corporation that provides certain protections to policyholders in the event that their insurer becomes insolvent. The Life Insurance Guaranty Association pays claims up to a certain limit for covered policies, and it also provides certain other protections to policyholders.
Louisiana, like all other states, offers a variety of life insurance policies. Louisiana term life insurance is one type of policy available to residents. Term life insurance in Louisiana provides death benefits to policyholders' designated beneficiaries in the event of the policyholder's death during the policy's term. Louisiana term life insurance can be purchased with terms of 10, 15, 20, or 30 years. Lafayette, LA residents who are considering purchasing a Louisiana term life insurance policy should compare quotes from multiple insurers to find the best rate.
Louisiana whole life insurance is another type of policy available to Louisiana residents. Whole life insurance in Louisiana provides death benefits to policyholders' designated beneficiaries in the event of the policyholder's death at any time. Whole life insurance also has a cash value component that grows over time. Louisiana residents who are considering purchasing a Louisiana whole life insurance policy should compare quotes from multiple insurers to find the best rate.
Louisiana universal life insurance is another type of policy available to Louisiana residents. Universal life insurance in Louisiana provides death benefits to policyholders' designated beneficiaries in the event of the policyholder's death at any time. Universal life insurance also has a cash value component that grows over time and allows policyholders to make changes to their coverage as their needs change. Louisiana residents who are considering purchasing a Louisiana universal life insurance policy should compare quotes from multiple insurers to find the best rate.
No matter what type of Louisiana life insurance policy you are considering, it is important to compare quotes from multiple insurers to find the best rate. Louisiana residents can use an online life insurance quote comparison tool to compare quotes from multiple insurers.
Lafayette, LA residents who are considering purchasing a life insurance policy have the option to choose a policy with or without a medical exam. A Louisiana life insurance policy with no medical exam is typically more expensive than a policy that requires a medical exam. Louisiana residents who are healthy and do not have any major health concerns may be able to save money by choosing a policy that requires a medical exam. Louisiana residents who have major health concerns or are not in good health may want to consider a policy with no medical exam to avoid being denied coverage.
Explore and compare with other cities in your state: 1, 2, 3, 4, 5.
The materials on this website have been created for informational purposes only and are not intended as legal advice. The law changes frequently and the information may not be complete or correct depending on a number of factors.
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