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AFE Exam Dumps : Accredited Financial Examiner

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Get Free AFE Questions and Answers
Question 1

An increase in loss reserves may lead to offset by a reduction in premiums and a decrease in loss reserves may be a receivable for additional premiums.

Options:

A.

True

B.

False

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Question 2

The two basic methods for billing premiums are:

Options:

A.

policy and direct billing

B.

agency and direct billing

C.

collecting and indirect billing

D.

business and direct billing

Question 3

What is considered “pure” mortality protection?

Options:

A.

Life insurance

B.

Premium plan

C.

Transience policy

D.

Assurance plan

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