SOFE Exam AFE Topic 3 Question 64 Discussion

Actual exam question for SOFE's AFE exam

Question #: 64
Topic #: 3

[All AFE Questions]

Insurance agents act as contractors in groups who express one or more entity with express authority to act for the entity in dealing with insureds.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: D

by Jesusita at Oct 17, 2023, 08:47 AM

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Latrice

2 months ago

I'm feeling like a real insurance expert now. B) False, because insurance agents are the equivalent of a used car salesman - just working for the company, not for themselves.

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Rusty

2 months ago

This question is as confusing as trying to understand my car insurance policy. I'll guess B) False, because insurance agents are definitely not contractors.

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Cassandra

2 months ago

Wow, this is a tough one. I'm going to have to say B) False, because insurance agents are not contractors - they're working directly for the insurance company.

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Vivan

10 days ago

Yes, B) False is the correct answer. Insurance agents do not act as contractors.

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Carin

14 days ago

I agree with you, B) False. Insurance agents work directly for the insurance company.

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Alona

29 days ago

B) False

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Shizue

1 months ago

A) True

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Denna

2 months ago

I'm hesitant to choose A) True, because that doesn't sound quite right. I'll go with B) False, since insurance agents aren't acting as independent contractors.

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Karina

2 months ago

Yeah, I don't think insurance agents act as contractors. B) False is the better option.

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Dean

2 months ago

I agree, B) False seems like the correct choice here.

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Viva

2 months ago

I think you're right, insurance agents are not contractors. I'll go with B) False as well.

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Felix

2 months ago

Hmm, this question is a bit tricky. I'm going to go with B) False, because insurance agents are not contractors - they are employees or agents of the insurance company.

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