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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Alonso

1 months ago

I'm already imagining the insurance humor in this exam. 'What do you call a group of insurance agents? A risk pool!'

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Johnathon

16 days ago

C) Reinsurance premium

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Carman

18 days ago

B) Direct premium

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Felicitas

24 days ago

A) Indirect premium

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Renato

2 months ago

D) Entity premium? Sounds like a made-up option to me. I'm sticking with B).

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Dong

8 days ago

C) Reinsurance premium

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Jolanda

12 days ago

B) Direct premium

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Nickie

1 months ago

A) Indirect premium

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Devorah

2 months ago

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

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Deeanna

2 days ago

No, it's actually direct premium.

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Mozell

4 days ago

Reinsurance premium

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Elden

1 months ago

That's correct!

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Daryl

1 months ago

Direct premium

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Phuong

2 months ago

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

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Samira

2 months ago

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

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Kimbery

2 months 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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Juliann

1 months ago

I would go with C) Reinsurance premium.

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Ernest

1 months ago

I think it's B) Direct premium.

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Izetta

2 months ago

I think the answer is B) Direct premium.

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Justine

2 months ago

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

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Zachary

2 months 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

2 months ago

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

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Keva

2 months ago

I think the answer is B) Direct premium.

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