SOFE Exam AFE Topic 2 Question 85 Discussion

Actual exam question for SOFE's AFE exam

Question #: 85
Topic #: 2

[All AFE Questions]

In which premium income less return premiums arising from policies issued by the entity collecting the premiums and acting as the primary insurance carrier?

AIndirect premium

BDirect premium

CReinsurance premium

DEntity premium

Show Suggested Answer

Suggested Answer: C

by Janey at Sep 16, 2024, 08:54 AM

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Devorah

7 days ago

Direct premium, obviously! What kind of insurance exam is this, anyway?

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Phuong

8 days ago

I'm not sure, but C) Reinsurance premium also sounds plausible to me.

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Samira

9 days ago

I agree with Izetta, because the entity is collecting the premiums directly.

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Kimbery

12 days ago

Hmm, this one's got me stumped. I'll have to go with my gut and say C) Reinsurance premium.

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Izetta

13 days ago

I think the answer is B) Direct premium.

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Justine

14 days ago

This question is a bit tricky, but I'm fairly certain the answer is B) Direct premium.

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Zachary

16 days ago

I'm not sure, but I think it could also be C) Reinsurance premium, as the entity may pass on some of the risk to another insurer.

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Sabina

17 days ago

I agree with Keva, because the entity is collecting the premiums directly.

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Keva

19 days ago

I think the answer is B) Direct premium.

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