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SOFE AFE Exam - Topic 2 Question 45 Discussion

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

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

Suggested Answer: B

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45 comments · newest first
RA
Ramonita 11 months ago
Definitely not reduction for salvation, that's a different thing!
TH
Theola 11 months ago
Not sure about that, sounds too complicated.
ER
Ernest 12 months ago
Wait, I thought it was reduction for damages?
TH
Theresia 12 months ago
Totally agree, subrogation is key in insurance!
TO
Tonette 12 months ago
It's called reduction for subrogation.
DO
Domonique 1 year ago
I feel like I’ve seen something similar before, and I’m leaning towards subrogation too. It just makes sense in this context.
TA
Tasia 1 year ago
I’m a bit lost on this one. I thought reduction for damages might be relevant, but it doesn’t sound quite right.
MO
Moon 1 year ago
I remember practicing a question about recovery rights, and I think it was linked to option A, reduction for subrogation.
RO
Ronny 1 year ago
I think this has to do with subrogation, but I’m not entirely sure if it’s the right term.
AU
Audry 1 year 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.
SH
Shad 1 year 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.
SA
Samuel 1 year 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.
TA
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!
LY
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.
TE
Tequila 1 year ago
↳ replying to Lynna
I'm leaning towards reduction for paid losses, but I'm not 100% sure.
JA
Jade 1 year ago
↳ replying to Lynna
I think it's reduction for damages, but I'm not sure.
LA
Laurel 1 year ago
↳ replying to Lynna
I agree, reduction for subrogation is the correct term.
BE
Bernadine 1 year ago
D. Reduction for paid losses seems the most logical to me. Why would they call it anything else?
CA
Catherin 1 year ago
↳ replying to Bernadine
Yeah, that sounds right. Subrogation is usually related to recovering damages.
AR
Arlyne 1 year ago
↳ replying to Bernadine
I agree, it makes sense to me too.
TA
Tamra 1 year ago
↳ replying to Bernadine
Yeah, I see your point. It does seem like the most logical choice.
BU
Buck 1 year ago
↳ replying to Bernadine
I think it's A) reduction for subrogation.
AR
Arlen 1 year ago
↳ replying to Bernadine
I agree, it makes sense that it would be related to subrogation.
SH
Shaunna 1 year ago
↳ replying to Bernadine
I think it's A) reduction for subrogation because it involves recovering damages from third parties.
LO
Louisa 1 year ago
↳ replying to Bernadine
D) reduction for paid losses
TI
Tina 1 year ago
↳ replying to Bernadine
C) reduction for damages
VE
Verdell 1 year ago
↳ replying to Bernadine
B) reduction for salvation
VA
Val 1 year ago
↳ replying to Bernadine
D) reduction for paid losses
WE
Wenona 1 year ago
↳ replying to Bernadine
C) reduction for damages
VO
Von 1 year ago
↳ replying to Bernadine
A) reduction for subrogation
FL
Fletcher 1 year ago
↳ replying to Bernadine
B) reduction for salvation
ZO
Zoila 1 year ago
↳ replying to Bernadine
A) reduction for subrogation
DA
Daniel 1 year ago
Haha, 'reduction for salvation'? What is this, a religious insurance policy? I'll go with A.
AN
Annmarie 1 year ago
↳ replying to Daniel
So, A) reduction for subrogation it is then.
JU
Judy 1 year ago
↳ replying to Daniel
Yeah, it's about recovering damages from third parties.
NI
Nicolette 1 year ago
↳ replying to Daniel
I agree, it does sound like a legal term.
SH
Shayne 1 year ago
↳ replying to Daniel
I think it's A) reduction for subrogation.
LE
Letha 1 year ago
↳ replying to Daniel
User 4: I'll go with A too. Sounds like the right answer.
RO
Rodrigo 1 year ago
↳ replying to Daniel
User 3: Yeah, I agree. It's definitely A) reduction for subrogation.
RA
Raylene 1 year ago
↳ replying to Daniel
User 2: I think it's actually called reduction for subrogation.
DE
Delila 1 year ago
↳ replying to Daniel
User 1: Haha, 'reduction for salvation'? What is this, a religious insurance policy?
BE
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.
AH
Ahmed 2 years ago
I'm not sure, but I think it might be C) reduction for damages.
YU
Yuette 2 years ago
I agree with Crista, because subrogation is when the insurer can recover from a third party.
CR
Crista 2 years ago
I think the answer is A) reduction for subrogation.
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