Loma 291 Module 1

LOMA 291 MODULE 1

Stakeholdersoo(consituents)oo-ooans--
✔✔Aoopartyoothatoohasooanoointerestooinoohowooaoocompanyooconductsooitsoobusiness.oo
Alsoooknownooasooaooconstituent.

Dividendoo-ooans--
✔✔Compensationoothatooaoocompanyoomayoopayootoooownersoouponooaoovoteoobyootheoo
company'sooboardooofoodirectors.

Stockholderoo-ooans--
✔✔Weoostockholdersooexpectootheoocompanyootooogrowoosteadily.ooWeooexpectootoooear
nooaooreasonableooreturn,oosometimesooinootheooformooofoodividends.ooDoooyouooknowoow
hatooaoodividendoois?
ooSometimesootheooboardooofoodirectorsoovotesootooomakeooaoopaymentootoootheoostockh
olders.ooTheoopaymentooisoocalledooaoodividend.

Policyooowneroo-ooans--
✔✔HereooareoosomeoofactorsooIooconsideredoowhenooIoochoseootooobuyooaoopolicyoofromo
oForthright:


Goodoocompanyooreputation
Policyoofeatures
Reasonableoocharges
Financialoostrength
Customerooservice

Forthrightooprovidesoomyoopersonaloosafetyoonetoobecauseooofootheiroogoodooreputationoo
andoopolicyoofeatures.ooTheyoochargeoomeooforooreasonableooexpensesooandootheyoohav
eootheoofinancialoostrengthootooobeooaroundooforootheoolongoohaulootooopayootheoopolicyoob
enefitsootheyoopromiseoomeooandoomyoofamily.ooSooofar,ooI'moopleasedoowithoomyoopolicyo
oandootheoocompany'soocustomerooservice.


financialooprofessionaloo-ooans--✔✔Inooinsuranceoosales,ooanyooindividual—
includingooagents,oobank-affiliatedoosalesoopersonnel,ooandoobrokers—
whoooisoolicensedootooosellooinsuranceooproducts,oosolicitoosales,oooroonegotiateooinsuran
ceoocontracts.

WhyoodoooIooplaceoobusinessoowithooForthright?ooHereooareoosomeooreasons:

Forthright'sooproductsoomeetoomyooclients'ooneeds.
ForthrightoooffersoocompetitiveoocompensationooonootheoobusinessooIoosell.
Itsoostaffooisootopoonotchooandooprovidesoofastooandooaccurateoosupport.

,Theoocompanyoohasoogoodooratings,oosoooIootrustooitsooabilityootooomeetoopolicyooobligatio
nsooinootheoofuture.

keyoostakeholdersoo-ooans--✔✔-oostockholder
-oopolicyowner
-oofinancialooprofessional
-ooemployee
-ooreinsurer
-ooconsultants/vendors
-ooborrowers
-ooregulators
-ooratingooagencies
-ooassociations
-ootradeooassociations

employeeoovaluesoo-ooans--✔✔Ioovalueootheoolong-termooemployment.
Iooenjoyoomyoocoworkers.
I'mooproudootoooworkooforooaooreputableoocompany.
Iooappreciateootheoosalaryooandoobenefits.

reinsuranceoo-ooans--
✔✔Insuranceoothatoooneooinsuranceoocompany,ooknownooasootheoodirectoowriter,oopurch
asesoofromooanotherooinsuranceoocompany,ooknownooasootheooreinsurer,ootoootransferooal
loooroopartooofootheooriskooonooinsuranceoopoliciesoothatootheoodirectoowriterooissued.

consultants/vendorsooexampleoo-ooans--
✔✔I'mooaoopublicooaccountant.ooIooprovideooexternalooauditooservicesootoooForthright.ooM
anyoovendorsooprovideoogoodsooandooservicesootoooForthright.

Borrowersooexampleoo-ooans--
✔✔I'mooaoorealooestateoodeveloper.ooTooofundooconstructionooprojects,ooIooborrowoofromo
oForthrightooFinancial.ooForthrightoolendsoomoneyooasoooneooofooitsooinvestments.ooTheyo
oexpectootoooearnooaooreturn,oosoootheyookeepooaoocloseooeyeooonoome.


regulatorsooexampleoo-ooans--✔✔Iooconductooin-
personooexaminationsooofooinsuranceoocompaniesoothatoodooobusinessooinoomyoostate.ooI
oomakeoosureootheyoocomplyoowithooregulationsooandoomaintainoofairoobusinessoopractice
s.

ratingooagenciesooexampleoo-ooans--
✔✔IooassignooaoogradeootoooForthrightooFinancialooandoootheroocompanies.ooTheoograde,
oocalledooaoorating,ooindicatesoomyoocompany'sooopinionooofooForthright'soooveralloohealth
ooandoostability.


associationsooexampleoo-ooans--
✔✔AsooaooForthrightooactuary,ooIoobelongootoooseveralooorganizationsoothatoosetooprofess

, ionaloostandards.ooForthrightooemploysoomanyooprofessionals—
actuaries,ooaccountants,ooauditors,ooattorneys,oounderwriters,oomedicaloodirectors,ooando
oothers.ooAllooofootheseoogroupsoohaveooprofessionalooassociations.


Selectooeachoogroupoowhichoocountsooamongooanooinsuranceoocompany'soostakeholders.

a.ooFinancialooprofessionals
b.ooReinsuranceoocompanies
c.ooEmployees
d.ooTradeooassociations
e.ooOwnersooofoocompanyoostock
f.ooPolicyownersoo-ooans--✔✔Allooofoothemoo-

Inooeachooofootheoofollowingooquestions,ooselectootheoopersonoowhooowouldoomostoolikelyo
omakeooeachoostatementooaboutoohisooorooheroointerestsooasooaoostakeholder.


"MyoocompanyooprovidesoobackupootoooForthrightooonoopayingooitsooclaims."

a.ooPolicyowner
b.ooStockholder
c.ooEmployee
d.ooReinsurer
e.ooFinancialooprofessionaloo-ooans--✔✔D.

Inooeachooofootheoofollowingooquestions,ooselectootheoopersonoowhooowouldoomostoolikelyo
omakeooeachoostatementooaboutoohisooorooheroointerestsooasooaoostakeholder.


"IooneedoopromptoohandlingooofoomyootransactionsoowhenooIoomakeooaoowithdrawal."

a.ooPolicyowner
b.ooStockholder
c.ooEmployee
d.ooReinsurer
e.ooFinancialooprofessionaloo-ooans--✔✔A.

Inooeachooofootheoofollowingooquestions,ooselectootheoopersonoowhooowouldoomostoolikelyo
omakeooeachoostatementooaboutoohisooorooheroointerestsooasooaoostakeholder.


"Ioovalueoohavingooaoogoodoojoboowithooreliableooincomeooandoobenefits."

a.ooPolicyowner
b.ooStockholder
c.ooEmployee
d.ooReinsurer
e.ooFinancialooprofessionaloo-ooans--✔✔C.