SOFE Exam AFE Topic 1 Question 86 Discussion

Actual exam question for SOFE's AFE exam

Question #: 86
Topic #: 1

[All AFE Questions]

The methods used for the premium rates establishment are:

AManual, judgmental and premium rating

BCommercial, judgmental and merit rating

CManual, experimental and merit rating

DManual, judgmental and merit rating

Show Suggested Answer

Suggested Answer: B

by Louisa at Sep 18, 2024, 09:19 AM

Limited Time Offer

25%

Off

Get Premium AFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Xuan

1 months ago

I'm sure the premium rates for this exam are no joke. Better choose D or you might end up in the red!

upvoted 0 times

Rutha

8 days ago

I agree, let's go with D to avoid any surprises.

upvoted 0 times

...

Enola

9 days ago

Yeah, manual, judgmental, and merit rating sound like a solid choice.

upvoted 0 times

...

Felicia

17 days ago

I think D is the way to go for the premium rates.

upvoted 0 times

...

Shalon

2 months ago

D is the answer, no doubt. But I bet the exam writer had a real 'premium' time coming up with these options!

upvoted 0 times

Verlene

8 days ago

I chose D too, it just made the most sense out of all the options.

upvoted 0 times

...

Carmelina

13 days ago

I also picked D, it seemed like the most logical choice.

upvoted 0 times

...

Gail

14 days ago

I agree, D is definitely the answer. Those options were tricky!

upvoted 0 times

...

Dan

2 months ago

D is the way to go, folks. Manual and judgmental methods are the industry standard for premium rate setting.

upvoted 0 times

Stephen

14 days ago

It's important to use manual and judgmental methods for setting premium rates to ensure accuracy.

upvoted 0 times

...

Freeman

1 months ago

I think D is the best choice for ensuring accurate premium rates.

upvoted 0 times

...

Laine

1 months ago

Manual and judgmental methods are tried and true in the industry.

upvoted 0 times

...

Oren

1 months ago

I agree, D seems like the most reliable option for setting premium rates.

upvoted 0 times

...

Chara

1 months ago

I think D is the best option too. It's important to have a solid method for setting premium rates.

upvoted 0 times

...

Esteban

1 months ago

I agree, D is definitely the way to go. Manual and judgmental methods are tried and true.

upvoted 0 times

...

Alesia

2 months ago

Hmm, I was thinking B might be the right answer. But after reconsidering, D is the way to go.

upvoted 0 times

...

Olive

2 months ago

I agree with Diane. Option D is the most appropriate choice here.

upvoted 0 times

...

Diane

2 months ago

Option D seems like the correct answer. Manual and judgmental methods are commonly used in premium rate establishment.

upvoted 0 times

...

Inocencia

2 months ago

I'm not sure about the experimental method, but manual, judgmental, and merit rating seem logical.

upvoted 0 times

...

James

2 months ago

I agree with Danica, those methods make sense for establishing premium rates.

upvoted 0 times

...

Danica

2 months ago

I think the methods used are manual, judgmental, and premium rating.

upvoted 0 times

...

Jess

2 months ago

I'm not sure about that, I think it could also be C) Manual, experimental and merit rating.

upvoted 0 times

...

Jeanice

2 months ago

I agree with Novella, because manual and judgmental methods are commonly used in premium rate establishment.

upvoted 0 times

...

Novella

3 months ago

I think the answer is D) Manual, judgmental and merit rating.

upvoted 0 times

...