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LOMA 291 Module 1 Questions and Answers Verified by Experts

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LOMA 291 Module 1 Questions and Answers Verified by Experts Select each group which counts among an insurance company's stakeholders. a. Financial professionals b. Reinsurance companies c. Employees d. Trade associations e. Owners of company stock f. Policyowners All of them

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LOMA 291 Module 1 Questions and Answers
Verified by Experts

Select each group which counts among an insurance company's stakeholders.




a. Financial professionals

b. Reinsurance companies

c. Employees

d. Trade associations

e. Owners of company stock


f. Policyowners All of them -




In each of the following questions, select the person who would most likely make each statement

about his or her interests as a stakeholder.




"My company provides backup to Forthright on paying its claims."




a. Policyowner

b. Stockholder

,c. Employee

d. Reinsurer


e. Financial professional D.




In each of the following questions, select the person who would most likely make each statement

about his or her interests as a stakeholder.




"I need prompt handling of my transactions when I make a withdrawal."




a. Policyowner

b. Stockholder

c. Employee

d. Reinsurer


e. Financial professional A.




In each of the following questions, select the person who would most likely make each statement

about his or her interests as a stakeholder.




"I value having a good job with reliable income and benefits."

,a. Policyowner

b. Stockholder

c. Employee

d. Reinsurer


e. Financial professional C.




In each of the following questions, select the person who would most likely make each statement

about his or her interests as a stakeholder.




"I need Forthright to offer products that meet my clients' needs so that I can earn an income."




a. Policyowner

b. Stockholder

c. Employee

d. Reinsurer


e. Financial professional E.

, In each of the following questions, select the person who would most likely make each statement

about his or her interests as a stakeholder.




"I need to earn a return on my stock investment in Forthright."




a. Policyowner

b. Stockholder

c. Employee

d. Reinsurer


e. Financial professional B.




different stakeholder goals Declare a stockholder dividend


Declare a policyowner dividend

Purchase another company

Expand into a new product line




company needs to

Balance the interests of the different stakeholder groups and

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