SOFE Exam AFE Topic 1 Question 57 Discussion

Actual exam question for SOFE's AFE exam

Question #: 57
Topic #: 1

[All AFE Questions]

What features a reserve that accumulates at company declared credited interest rates, which are periodically reset?

ACredited life insurance

BPeriodic life insurance

CPremium life insurance

DUniversal life insurance

Show Suggested Answer

Suggested Answer: D

by Luisa at Apr 21, 2023, 12:35 PM

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19 hours ago

I agree with Yoko, Universal life insurance makes sense for that feature.

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11 days ago

I think the answer is D) Universal life insurance.

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