Free AFE Exam Braindumps
Accredited Financial Examiner (AFE) Questions 146–150 (page: 31)

Updated On: 10-Feb-2026

Coverage of risks that do not fit normal underwriting patterns and that are not commensurate with standard rates is normally refers to as:

  1. Surplus lines
  2. Commercial lines
  3. Risk lines
  4. Standardized lines

Answer(s): A



In which plan all activities writing automobile insurance in a state are allocated a share of the involuntary business on an equitable basis?

  1. Automobile equitability
  2. Automobile insurance
  3. Automobile assurance
  4. None of the above

Answer(s): B



Mutual entities, reciprocal or inter-insurance exchanges, public entity risk pools are all principal kinds of:

  1. Property and expense insurance organizations
  2. Feasibility and performance assurance organizations
  3. Property and liability insurance organizations
  4. Building and asset related organizations

Answer(s): C



The organizations in which the ownership and control of operations are vested in the policyholders are known as:

  1. Private entities
  2. Public entities
  3. Reciprocal entities
  4. Mutual entities

Answer(s): D



Which of the following is NOT the kind of public entity risk pools?

  1. risk-avoiding pools
  2. insurance-purchasing pools
  3. banking pools
  4. claim-serving pools

Answer(s): A



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