AFK Study Guide 2026

Everything you need to pass the AFK exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.

AFK exam key facts

  • The NDEB Assessment of Fundamental Knowledge (AFK) consists of 200 single-answer multiple-choice questions delivered in two parts. Source
  • Candidates have two hours to complete each of the two parts of the NDEB Assessment of Fundamental Knowledge (AFK). Source
  • A test-equated, re-scaled score of 75 or greater is reported as a Pass on the NDEB Assessment of Fundamental Knowledge (AFK). Source
  • Candidates may take the NDEB Assessment of Fundamental Knowledge (AFK) a maximum of three times. Source
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📋 AFK Exam Format at a Glance

100
Questions
120 min
Time Limit
70%
Passing Score

📚 AFK Topics to Study (21)

✍️ Sample AFK Questions & Answers

1. What does 'insurable interest' mean in the context of life insurance?
✓ The requirement that the policy owner must have a legitimate financial or personal interest in the continued life of the insured at the time of application

Insurable interest requires that the applicant would suffer a financial or personal loss upon the death of the insured, preventing life insurance from being used as a wagering contract.

2. What continuing education requirement supports risk assessment competence?
✓ Ongoing education in regulatory changes, market developments, and best practices

Financial markets, regulations, and best practices evolve constantly, requiring ongoing education for competent practice.

3. What fiduciary duty applies to client relations?
✓ Act in the client's best interest with loyalty, care, and full disclosure

Fiduciary duty requires acting in the client's best interest with loyalty, care, and full disclosure of all material facts.

4. What continuing education requirement supports regulatory compliance competence?
✓ Ongoing education in regulatory changes, market developments, and best practices

Financial markets, regulations, and best practices evolve constantly, requiring ongoing education for competent practice.

5. A defined benefit pension plan promises retirees a benefit based primarily on which factor?
✓ Years of service and salary history

Defined benefit plans calculate retirement income using a formula based on years of service and final or average salary.

6. The 'benefit period' in a long-term care insurance policy refers to:
✓ The maximum length of time the policy will pay benefits

The benefit period defines the maximum duration—such as 2, 3, 5 years, or lifetime—that the long-term care policy will pay covered benefits.

🎯 Free AFK Practice Tests

📖 AFK Guides & Articles

Your AFK Study Path
1. Learn with Flashcards → 2. Drill Practice Tests → 3. Take the Full Exam Simulation

What Practice Test Geeks adds beyond an AI chat for AFK

An AI chatbot can quiz you, but it can't reproduce the exam conditions or keep your record. Here you get:

  • A timed, full-length AFK mock exam — 100 questions in 120 minutes with a 70% pass mark, modeled on the official exam's question count and time limit, followed by a score report broken down by exam domain.
  • A fixed AFK question bank: the same test every attempt, so your score is comparable from one try to the next instead of changing with every regenerated quiz.
  • Progress saved on your device: completed tests, scores and missed questions stay in My Progress, so you can retake only what you got wrong.
  • A printable AFK cheat sheet you can print or save as a PDF.
  • AFK flashcards built from the same question bank.
  • Free AFK practice tests with the correct answer shown after each question.
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How this page was made: written with AI tools and published by Nathan Beja, founder of Practice Test Geeks, who is responsible for its content. Exam facts are checked against the official sources listed below. Not reviewed by a subject-matter expert. Editorial policy

Sources & references

Exam facts on this page (fees, format, dates, passing scores) are checked against these official sources; the date is our last check. Editorial policy

  1. ndeb-bned.ca — Test delivery, eligibility, exam dates, exam format, passing score, registration deadline, retake policy, time limit, exam information · verified Oct 2026