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

Limited Time Offer

25%

Off

Get Premium AFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Latrice

11 days 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.

upvoted 0 times

...

Rusty

12 days 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.

upvoted 0 times

...

Cassandra

13 days 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.

upvoted 0 times

...

Denna

21 days 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.

upvoted 0 times

Dean

2 days ago

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

upvoted 0 times

...

Viva

3 days ago

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

upvoted 0 times

...

2 months ago

A) True

upvoted 0 times

...