LOMA 291 Module 1 Questions and
Answers 100% Pass
Stakeholders (consituents) - ✔✔A party that has an interest in how a company conducts
its business. Also known as a constituent.
Dividend - ✔✔Compensation that a company may pay to owners upon a vote by the
company's board of directors.
Stockholder - ✔✔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 - ✔✔Here are some factors I considered when I chose to buy a policy from
Forthright:
Good company reputation
Policy features
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,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 - ✔✔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:
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.
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,The company has good ratings, so I trust its ability to meet policy obligations in the
future.
key stakeholders - ✔✔- stockholder
- policyowner
- financial professional
- employee
- reinsurer
- consultants/vendors
- borrowers
- regulators
- rating agencies
- associations
- trade associations
employee values - ✔✔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.
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, reinsurance - ✔✔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 - ✔✔I'm a public accountant. I provide external audit
services to Forthright. Many vendors provide goods and services to Forthright.
Borrowers example - ✔✔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 - ✔✔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.
rating agencies example - ✔✔I assign a grade to Forthright Financial and other
companies. The grade, called a rating, indicates my company's opinion of Forthright's
overall health and stability.
associations example - ✔✔As a Forthright actuary, I belong to several organizations that
set professional standards. Forthright employs many professionals—actuaries,
accountants, auditors, attorneys, underwriters, medical directors, and others. All of
these groups have professional associations.
Select each group which counts among an insurance company's stakeholders.
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Answers 100% Pass
Stakeholders (consituents) - ✔✔A party that has an interest in how a company conducts
its business. Also known as a constituent.
Dividend - ✔✔Compensation that a company may pay to owners upon a vote by the
company's board of directors.
Stockholder - ✔✔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 - ✔✔Here are some factors I considered when I chose to buy a policy from
Forthright:
Good company reputation
Policy features
100% Pass Guarantee Emilly Charlotte, All Rights Reserved © 2025 1
,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 - ✔✔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:
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.
100% Pass Guarantee Emilly Charlotte, All Rights Reserved © 2025 2
,The company has good ratings, so I trust its ability to meet policy obligations in the
future.
key stakeholders - ✔✔- stockholder
- policyowner
- financial professional
- employee
- reinsurer
- consultants/vendors
- borrowers
- regulators
- rating agencies
- associations
- trade associations
employee values - ✔✔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.
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, reinsurance - ✔✔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 - ✔✔I'm a public accountant. I provide external audit
services to Forthright. Many vendors provide goods and services to Forthright.
Borrowers example - ✔✔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 - ✔✔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.
rating agencies example - ✔✔I assign a grade to Forthright Financial and other
companies. The grade, called a rating, indicates my company's opinion of Forthright's
overall health and stability.
associations example - ✔✔As a Forthright actuary, I belong to several organizations that
set professional standards. Forthright employs many professionals—actuaries,
accountants, auditors, attorneys, underwriters, medical directors, and others. All of
these groups have professional associations.
Select each group which counts among an insurance company's stakeholders.
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