SOFE Exam SOFA-CFE Topic 1 Question 73 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 73
Topic #: 1

Any real estate which is owned by and more than 50 percent occupied (based on rentable square footage) by an insurer and its' affiliates is considered property occupied by the company.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: D

by Jesusa at Aug 08, 2023, 11:55 AM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel

Izetta

4 days ago

Hmm, this seems straightforward. I'll go with True.

upvoted 0 times

...

Louisa

7 days ago

I see both points, but I think the answer is A) True because if the insurer owns the property and most of it is occupied by them, then it should be considered property occupied by the company.

upvoted 0 times

...

Salome

11 days ago

I disagree, I believe the answer is B) False because just owning the property doesn't necessarily mean it's occupied by the company.

upvoted 0 times

...

Louis

13 days ago

I think the answer is A) True because it makes sense for the insurer to occupy their own property.

upvoted 0 times

...