LOMA 291 Module 1 2024/2025 Exam
Questions Marking Scheme New Update
| A+ Rated
Stakeholders (consituents) - 🧠ANSWER ✔✔A party that has an interest in
how a company conducts its business. Also known as a constituent.
Dividend - 🧠ANSWER ✔✔Compensation that a company may pay to
owners upon a vote by the company's board of directors.
Stockholder - 🧠ANSWER ✔✔We stockholders expect the company to grow
steadily. We expect to earn a reasonable return, sometimes in the form of
dividends. Do you know what a dividend is? Sometimes the board of
directors votes to make a payment to the stockholders. The payment is
called a dividend.
Policy owner - 🧠ANSWER ✔✔Here are some factors I considered when I
chose to buy a policy from Forthright:
Good company reputation
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
1
PRIVACY STATEMENT. ALL RIGHTS RESERVED
,Policy features
Reasonable charges
Financial strength
Customer service
Forthright provides my personal safety net because of their good reputation
and policy features. They charge me for reasonable expenses and they
have the financial strength to be around for the long haul to pay the policy
benefits they promise me and my family. So far, I'm pleased with my policy
and the company's customer service.
financial professional - 🧠ANSWER ✔✔In insurance sales, any individual—
including agents, bank-affiliated sales personnel, and brokers—who is
licensed to sell insurance products, solicit sales, or negotiate insurance
contracts.
Why do I place business with Forthright? Here are some reasons:
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
2
PRIVACY STATEMENT. ALL RIGHTS RESERVED
,Forthright's products meet my clients' needs.
Forthright offers competitive compensation on the business I sell.
Its staff is top notch and provides fast and accurate support.
The company has good ratings, so I trust its ability to meet policy
obligations in the future.
key stakeholders - 🧠ANSWER ✔✔- stockholder
- policyowner
- financial professional
- employee
- reinsurer
- consultants/vendors
- borrowers
- regulators
- rating agencies
- associations
- trade associations
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
3
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, employee values - 🧠ANSWER ✔✔I value the long-term employment.
I enjoy my coworkers.
I'm proud to work for a reputable company.
I appreciate the salary and benefits.
reinsurance - 🧠ANSWER ✔✔Insurance that one insurance company,
known as the direct writer, purchases from another insurance company,
known as the reinsurer, to transfer all or part of the risk on insurance
policies that the direct writer issued.
consultants/vendors example - 🧠ANSWER ✔✔I'm a public accountant. I
provide external audit services to Forthright. Many vendors provide goods
and services to Forthright.
Borrowers example - 🧠ANSWER ✔✔I'm a real estate developer. To fund
construction projects, I borrow from Forthright Financial. Forthright lends
money as one of its investments. They expect to earn a return, so they
keep a close eye on me.
regulators example - 🧠ANSWER ✔✔I conduct in-person examinations of
insurance companies that do business in my state. I make sure they
comply with regulations and maintain fair business practices.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
4
PRIVACY STATEMENT. ALL RIGHTS RESERVED
Questions Marking Scheme New Update
| A+ Rated
Stakeholders (consituents) - 🧠ANSWER ✔✔A party that has an interest in
how a company conducts its business. Also known as a constituent.
Dividend - 🧠ANSWER ✔✔Compensation that a company may pay to
owners upon a vote by the company's board of directors.
Stockholder - 🧠ANSWER ✔✔We stockholders expect the company to grow
steadily. We expect to earn a reasonable return, sometimes in the form of
dividends. Do you know what a dividend is? Sometimes the board of
directors votes to make a payment to the stockholders. The payment is
called a dividend.
Policy owner - 🧠ANSWER ✔✔Here are some factors I considered when I
chose to buy a policy from Forthright:
Good company reputation
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
1
PRIVACY STATEMENT. ALL RIGHTS RESERVED
,Policy features
Reasonable charges
Financial strength
Customer service
Forthright provides my personal safety net because of their good reputation
and policy features. They charge me for reasonable expenses and they
have the financial strength to be around for the long haul to pay the policy
benefits they promise me and my family. So far, I'm pleased with my policy
and the company's customer service.
financial professional - 🧠ANSWER ✔✔In insurance sales, any individual—
including agents, bank-affiliated sales personnel, and brokers—who is
licensed to sell insurance products, solicit sales, or negotiate insurance
contracts.
Why do I place business with Forthright? Here are some reasons:
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
2
PRIVACY STATEMENT. ALL RIGHTS RESERVED
,Forthright's products meet my clients' needs.
Forthright offers competitive compensation on the business I sell.
Its staff is top notch and provides fast and accurate support.
The company has good ratings, so I trust its ability to meet policy
obligations in the future.
key stakeholders - 🧠ANSWER ✔✔- stockholder
- policyowner
- financial professional
- employee
- reinsurer
- consultants/vendors
- borrowers
- regulators
- rating agencies
- associations
- trade associations
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
3
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, employee values - 🧠ANSWER ✔✔I value the long-term employment.
I enjoy my coworkers.
I'm proud to work for a reputable company.
I appreciate the salary and benefits.
reinsurance - 🧠ANSWER ✔✔Insurance that one insurance company,
known as the direct writer, purchases from another insurance company,
known as the reinsurer, to transfer all or part of the risk on insurance
policies that the direct writer issued.
consultants/vendors example - 🧠ANSWER ✔✔I'm a public accountant. I
provide external audit services to Forthright. Many vendors provide goods
and services to Forthright.
Borrowers example - 🧠ANSWER ✔✔I'm a real estate developer. To fund
construction projects, I borrow from Forthright Financial. Forthright lends
money as one of its investments. They expect to earn a return, so they
keep a close eye on me.
regulators example - 🧠ANSWER ✔✔I conduct in-person examinations of
insurance companies that do business in my state. I make sure they
comply with regulations and maintain fair business practices.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
4
PRIVACY STATEMENT. ALL RIGHTS RESERVED
