Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

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?

Show Suggested Answer Hide Answer
Suggested Answer: D

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

Limited Time Offer

25%

Off

Get Premium AFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Soledad
1 months ago
Universal life insurance, the Swiss Army knife of life insurance policies. Does it also come with a built-in espresso machine? Asking for a friend.
upvoted 0 times
Darrin
Haha, no espresso machine included with universal life insurance!
upvoted 0 times
...
Doug
2 days ago
D) Universal life insurance
upvoted 0 times
...
Hyman
9 days ago
C) Premium life insurance
upvoted 0 times
...
Mammie
15 days ago
B) Periodic life insurance
upvoted 0 times
...
Rolf
26 days ago
A) Credited life insurance
upvoted 0 times
...
...
Yun
1 months ago
Universal life insurance, huh? Sounds like a game of financial Tetris, trying to keep up with all those rate resets. Where's the 'Cheat Code' option when you need it?
upvoted 0 times
Ronald
7 days ago
I know, it can feel like a puzzle sometimes trying to keep up with all those rate resets.
upvoted 0 times
...
...
Margart
1 months ago
Universal life insurance, no doubt. The other options just don't have that sweet, sweet reserve that keeps building up with the company's magical interest rates.
upvoted 0 times
...
Skye
1 months ago
Ah, the good old universal life insurance. That's the one with the flexibility and the interest-bearing reserve, right? Gotta love those periodic rate resets!
upvoted 0 times
...
Rikki
1 months ago
Hmm, Universal life insurance seems like the obvious choice here. The accumulating reserve with the company-declared rates is a dead giveaway.
upvoted 0 times
...
Isabella
2 months 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.
upvoted 0 times
German
19 days ago
Yes, that's right. It's a unique feature that makes universal life insurance stand out.
upvoted 0 times
...
Galen
22 days ago
Universal life insurance is the answer. It has that reserve with the credited interest rates.
upvoted 0 times
...
...
Carmelina
2 months ago
I'm not sure, but C) Premium life insurance also sounds like it could be the answer.
upvoted 0 times
...
Maryann
2 months ago
I agree with Yoko, Universal life insurance makes sense for that feature.
upvoted 0 times
...
Yoko
2 months ago
I think the answer is D) Universal life insurance.
upvoted 0 times
...

Save Cancel