SOFE Exam AFE Topic 2 Question 45 Discussion

Actual exam question for SOFE's AFE exam

Question #: 45
Topic #: 2

[All AFE Questions]

The estimated amount receivable from third parties from whom the insured may have the right to recover damages is known as:

Areduction for subrogation

Breduction for salvation

Creduction for damages

Dreduction for paid losses

Show Suggested Answer

Suggested Answer: B

by Jennifer at Aug 22, 2022, 06:28 PM

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6 days ago

Haha, 'reduction for salvation'? What is this, a religious insurance policy? I'll go with A.

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7 days ago

I think the correct answer is A. Reduction for subrogation. It makes the most sense in the context of the question.

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19 days ago

I'm not sure, but I think it might be C) reduction for damages.

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20 days ago

I agree with Crista, because subrogation is when the insurer can recover from a third party.

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24 days ago

I think the answer is A) reduction for subrogation.

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