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SOFE Exam AFE Topic 1 Question 92 Discussion

Actual exam question for SOFE's AFE exam
Question #: 92
Topic #: 1
[All AFE Questions]

The ten largest companies account for what percent of life insurance sales in Canada?

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Suggested Answer: C

by Pura at Dec 06, 2024, 05:25 PM

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Nu
24 days ago
I don't know about you, but I'm more interested in the life insurance sales of the ten smallest companies. That's where the real excitement is!
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Izetta
26 days ago
Wait, the ten largest companies account for what percent of life insurance sales? Isn't the real question, 'How many of those companies are actually keeping their customers alive?'
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Makeda
30 days ago
I'm feeling lucky today, so I'm going to go with A. Who knows, maybe the life insurance market is more diverse than we think!
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Bok
2 days ago
I'm with you on this one, I'll pick A. It would be interesting if the market is more diverse than we think.
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Tracie
16 days ago
I'm feeling risky, I'll choose C. The big players must have a strong hold on sales.
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Glendora
18 days ago
I think I'll go with B, the top companies probably dominate the market.
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Jamal
1 months ago
I'm going to have to go with D. Less than 80 percent seems like a reasonable estimate, though I'm not completely sure.
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Torie
3 days ago
I agree, I'm also going with C. It seems like a safe bet.
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Audra
21 days ago
I think it's probably around 75 percent, so I'm going with C.
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Natalie
1 months ago
Hmm, this is a tricky one. I'm going to go with C. I feel like the life insurance industry has become quite concentrated over the years.
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Jarvis
2 months ago
I think the answer is B. The life insurance market in Canada is dominated by a few major players, and I've read that the top companies account for a significant majority of sales.
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Dyan
18 days ago
I think it's probably more than 65 percent, they have a lot of influence.
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Ressie
1 months ago
I agree, the top companies definitely have a big share of the market.
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Theodora
2 months ago
I'm not sure, but I think it's D) less than 80 percent because there are still some smaller companies making sales.
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Enola
2 months ago
I disagree, I believe it's C) more than 75 percent because the top companies dominate the market.
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Jesse
2 months ago
I think it's A) less than 50 percent.
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