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Free AFE Exam Braindumps
Accredited Financial Examiner (AFE) Questions 141–145 (page: 30)

Updated On: 10-Feb-2026
Page 30 of 59
PDF with 286 Questions

Which of the following id NOT the kind of Insurance?

  1. Business policies
  2. fire and alliance lines
  3. inland marine
  4. professional liability

Answer(s): A



A package of coverage including most property and liability coverage except workers' compensation, automobile insurance and surely bonds is called:

  1. Single peril
  2. Multiple peril
  3. Property lines
  4. professional property

Answer(s): B



Fidelity bonds cover employees against dishonest acts by employees.

  1. True
  2. False

Answer(s): A



What provide for monetary compensation to third parties for failure by the insured to perform specifically covered acts with in a state period?

  1. Worker compensation pools
  2. Multiple perils
  3. Surety bonds
  4. Inter-insurance act

Answer(s): C



Excess liability:

  1. covers the insured against the loss in access of an actual amount, but only for profits as covered and defined in a predetermined planning.
  2. covers the insured against the loss in access of an actual amount, but only for profits as covered and defined in an underlying policy.
  3. covers all uninsured against the gain in access of a stated amount, but only for losses as covered and defined in an underlying policy.
  4. covers the insured against the loss in access of a stated amount, but only for losses as covered and defined in an underlying policy.

Answer(s): D



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