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SOFE AFE Exam With Confidence Using Practice Dumps

Exam Code:
AFE
Exam Name:
Accredited Financial Examiner
Certification:
Vendor:
Questions:
286
Last Updated:
Mar 4, 2025
Exam Status:
Stable
SOFE AFE

AFE: AFE Designation Exam 2025 Study Guide Pdf and Test Engine

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Accredited Financial Examiner Questions and Answers

Question 1

An annuity contract provides:

Options:

A.

Either immediately or at some future date, periodic income payments to one or more persons, perhaps with a certain guaranteed number of payments or with a minimum guaranteed amount for those annuities not having life contingencies

B.

Either immediately or at some future date, periodic income payments to one or more persons, perhaps with a certain guaranteed number of payments or with a minimum guaranteed amount for those annuities involving life contingencies

C.

Either immediately or at some future date, perpetual income payments to one or more persons, perhaps with a certain guaranteed number of payments or with a maximum guaranteed amount for those annuities involving life contingencies

D.

Either immediately or at some future date, periodic income payments to one or more persons, perhaps with a certain small number of payments

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Question 2

A private agreement to buy or sell a given quantity of an asset such as a currency, interest rate or commodity at a specified future date at a specified price is called:

Options:

A.

Forward investment plan

B.

Future agreement plan

C.

Future Contract

D.

Forward Contract

Question 3

In many states, a claims-made insurance policy is required to:

Options:

A.

contain an extended-reporting clause

B.

provide for purchase, at the policyholder’s option

C.

provide for automatic tail coverage

D.

All of the above