SOFE Exam AFE Topic 1 Question 92 Discussion

Actual exam question for SOFE's AFE exam

Question #: 92
Topic #: 1

[All AFE Questions]

The ten largest companies account for what percent of life insurance sales in Canada?

Aless than 50 percent

Bmore than 65 percent

Cmore than 75 percent

Dless than 80 percent

Show Suggested Answer

Suggested Answer: C

by Pura at Dec 06, 2024, 05:25 PM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel

Jarvis

12 hours ago

I think the answer is B. The life insurance market in Canada is dominated by a few major players, and I've read that the top companies account for a significant majority of sales.

upvoted 0 times

...

Theodora

3 days ago

I'm not sure, but I think it's D) less than 80 percent because there are still some smaller companies making sales.

upvoted 0 times

...

Enola

4 days ago

I disagree, I believe it's C) more than 75 percent because the top companies dominate the market.

upvoted 0 times

...

Jesse

6 days ago

I think it's A) less than 50 percent.

upvoted 0 times

...