Louisiana’s life insurance laws are governed by Title 37 of the Louisiana Administrative Code 

10-day free look period (LA Rev Stat. Ann. 22:931)

31-day grace period (LA 37:8305)

The insurance company must pay claims within 30 days of receipt of proof of death (LA 22:1892)

Interest accrues on claims that take more than 20 days to settle (LA 22:908)