SOFE AFE Exam - Topic 2 Question 45 Discussion

Actual exam question for SOFE's AFE exam

Question #: 45
Topic #: 2

The estimated amount receivable from third parties from whom the insured may have the right to recover damages is known as:

Areduction for subrogation

Breduction for salvation

Creduction for damages

Dreduction for paid losses

Show Suggested Answer

Suggested Answer: B

by Jennifer at Aug 22, 2022, 06:28 PM

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Ramonita

8 months ago

Definitely not reduction for salvation, that's a different thing!

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Theola

8 months ago

Not sure about that, sounds too complicated.

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Ernest

9 months ago

Wait, I thought it was reduction for damages?

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Theresia

9 months ago

Totally agree, subrogation is key in insurance!

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Tonette

9 months ago

It's called reduction for subrogation.

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Domonique

9 months ago

I feel like I’ve seen something similar before, and I’m leaning towards subrogation too. It just makes sense in this context.

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Tasia

9 months ago

I’m a bit lost on this one. I thought reduction for damages might be relevant, but it doesn’t sound quite right.

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Moon

9 months ago

I remember practicing a question about recovery rights, and I think it was linked to option A, reduction for subrogation.

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Ronny

9 months ago

I think this has to do with subrogation, but I’m not entirely sure if it’s the right term.

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Audry

9 months ago

This looks like a straightforward API question. I'll read through the options carefully and try to identify the one that best matches the description.

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Shad

9 months ago

Hmm, I'm a little confused on this one. I know the Scrum Master facilitates the sprint planning, but I'm not sure if they actually make the commitment. Let me think this through.

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Samuel

9 months ago

Okay, I've got this. A network sniffer is a tool that captures and analyzes network communications, so the correct answer is option B. I'm feeling good about this one.

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Tayna

1 year ago

If this was a 'reduction for damages', would that mean they're reducing the amount I can claim? I don't like the sound of that. A all the way!

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Lynna

1 year ago

I'm going to go with A. Reduction for subrogation. It's the only one that sounds like it could be an actual insurance term.

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Tequila

1 year ago

I'm leaning towards reduction for paid losses, but I'm not 100% sure.

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Jade

1 year ago

I think it's reduction for damages, but I'm not sure.

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Laurel

1 year ago

I agree, reduction for subrogation is the correct term.

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Bernadine

1 year ago

D. Reduction for paid losses seems the most logical to me. Why would they call it anything else?

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Catherin

1 year ago

Yeah, that sounds right. Subrogation is usually related to recovering damages.

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Arlyne

1 year ago

I agree, it makes sense to me too.

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Tamra

1 year ago

Yeah, I see your point. It does seem like the most logical choice.

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Buck

1 year ago

I think it's A) reduction for subrogation.

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Arlen

1 year ago

I agree, it makes sense that it would be related to subrogation.

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Shaunna

1 year ago

I think it's A) reduction for subrogation because it involves recovering damages from third parties.

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Louisa

1 year ago

D) reduction for paid losses

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Tina

1 year ago

C) reduction for damages

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Verdell

1 year ago

B) reduction for salvation

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Val

1 year ago

D) reduction for paid losses

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Wenona

1 year ago

C) reduction for damages

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Von

1 year ago

A) reduction for subrogation

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Fletcher

1 year ago

B) reduction for salvation

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Zoila

1 year ago

A) reduction for subrogation

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Daniel

1 year ago

Haha, 'reduction for salvation'? What is this, a religious insurance policy? I'll go with A.

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Annmarie

1 year ago

So, A) reduction for subrogation it is then.

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Judy

1 year ago

Yeah, it's about recovering damages from third parties.

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Nicolette

1 year ago

I agree, it does sound like a legal term.

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Shayne

1 year ago

I think it's A) reduction for subrogation.

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Letha

1 year ago

User 4: I'll go with A too. Sounds like the right answer.

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Rodrigo

1 year ago

User 3: Yeah, I agree. It's definitely A) reduction for subrogation.

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Raylene

1 year ago

User 2: I think it's actually called reduction for subrogation.

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Delila

1 year ago

User 1: Haha, 'reduction for salvation'? What is this, a religious insurance policy?

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Beckie

1 year ago

I think the correct answer is A. Reduction for subrogation. It makes the most sense in the context of the question.

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Ahmed

1 year ago

I'm not sure, but I think it might be C) reduction for damages.

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Yuette

1 year ago

I agree with Crista, because subrogation is when the insurer can recover from a third party.

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Crista

1 year ago

I think the answer is A) reduction for subrogation.

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