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SOFE Exam AFE Topic 2 Question 85 Discussion

Actual exam question for SOFE's AFE exam
Question #: 85
Topic #: 2
[All AFE Questions]

In which premium income less return premiums arising from policies issued by the entity collecting the premiums and acting as the primary insurance carrier?

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Suggested Answer: C

Contribute your Thoughts:

Alonso
28 days ago
I'm already imagining the insurance humor in this exam. 'What do you call a group of insurance agents? A risk pool!'
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Carman
2 days ago
B) Direct premium
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Felicitas
8 days ago
A) Indirect premium
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Renato
1 months ago
D) Entity premium? Sounds like a made-up option to me. I'm sticking with B).
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Nickie
18 days ago
A) Indirect premium
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Devorah
1 months ago
Direct premium, obviously! What kind of insurance exam is this, anyway?
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Elden
22 days ago
That's correct!
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Daryl
23 days ago
Direct premium
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Phuong
2 months ago
I'm not sure, but C) Reinsurance premium also sounds plausible to me.
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Samira
2 months ago
I agree with Izetta, because the entity is collecting the premiums directly.
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Kimbery
2 months ago
Hmm, this one's got me stumped. I'll have to go with my gut and say C) Reinsurance premium.
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Juliann
20 days ago
I would go with C) Reinsurance premium.
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Ernest
21 days ago
I think it's B) Direct premium.
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Izetta
2 months ago
I think the answer is B) Direct premium.
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Justine
2 months ago
This question is a bit tricky, but I'm fairly certain the answer is B) Direct premium.
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Zachary
2 months ago
I'm not sure, but I think it could also be C) Reinsurance premium, as the entity may pass on some of the risk to another insurer.
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Sabina
2 months ago
I agree with Keva, because the entity is collecting the premiums directly.
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Keva
2 months ago
I think the answer is B) Direct premium.
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