SOFE Exam AFE Topic 3 Question 79 Discussion

Actual exam question for SOFE's AFE exam

Question #: 79
Topic #: 3

[All AFE Questions]

In , an adjustment is based on experience of an individual risk during the term of the policy and is generally subject to maximum and minimum premium limits specified in the policy.

ABusiness recordkeeping

BRetrospective premium adjustments

CPremium transaction flow

DAdjusting premiums

Show Suggested Answer

Suggested Answer: A

by Ruthann at Jul 04, 2024, 05:44 AM

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Shawnda

7 days ago

I agree with Bette, because retrospective premium adjustments are based on individual risk experience.

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Bette

9 days ago

I think the answer is B) Retrospective premium adjustments.

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