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SOFE Exam AFE Topic 1 Question 57 Discussion

Actual exam question for SOFE's AFE exam
Question #: 57
Topic #: 1
[All AFE Questions]

What features a reserve that accumulates at company declared credited interest rates, which are periodically reset?

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Suggested Answer: D

by Luisa at Apr 21, 2023, 12:35 PM

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Isabella
1 days ago
Universal life insurance, of course! That reserve with the periodically reset credited interest rates is the key feature that sets it apart from the other options.
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Carmelina
4 days ago
I'm not sure, but C) Premium life insurance also sounds like it could be the answer.
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Maryann
5 days ago
I agree with Yoko, Universal life insurance makes sense for that feature.
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Yoko
15 days ago
I think the answer is D) Universal life insurance.
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