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

Contribute your Thoughts:

Submit Cancel

3 days ago

I agree with Clement, insurance agents are authorized to act for the entity they represent, so it must be true.

upvoted 0 times

...

4 days ago

I'm pretty sure the correct answer is B) False. Insurance agents are not contractors, they are representatives of the insurance company.

upvoted 0 times

...

7 days ago

I think it's true because insurance agents do act on behalf of the entity they represent.

upvoted 0 times

...

13 days ago

A) True

upvoted 0 times

...