SOFE Exam AFE Topic 3 Question 64 Discussion

Actual exam question for SOFE's AFE exam

Question #: 64
Topic #: 3

[All AFE Questions]

Insurance agents act as contractors in groups who express one or more entity with express authority to act for the entity in dealing with insureds.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: D

by Jesusita at Oct 17, 2023, 08:47 AM

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Latrice

27 days ago

I'm feeling like a real insurance expert now. B) False, because insurance agents are the equivalent of a used car salesman - just working for the company, not for themselves.

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Rusty

28 days ago

This question is as confusing as trying to understand my car insurance policy. I'll guess B) False, because insurance agents are definitely not contractors.

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Cassandra

29 days ago

Wow, this is a tough one. I'm going to have to say B) False, because insurance agents are not contractors - they're working directly for the insurance company.

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Shizue

3 days ago

A) True

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Denna

1 months ago

I'm hesitant to choose A) True, because that doesn't sound quite right. I'll go with B) False, since insurance agents aren't acting as independent contractors.

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Karina

16 days ago

Yeah, I don't think insurance agents act as contractors. B) False is the better option.

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Dean

18 days ago

I agree, B) False seems like the correct choice here.

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Viva

19 days ago

I think you're right, insurance agents are not contractors. I'll go with B) False as well.

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Felix

1 months ago

Hmm, this question is a bit tricky. I'm going to go with B) False, because insurance agents are not contractors - they are employees or agents of the insurance company.

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