LOMA 291 MODULE 1 ACTUAL 2025/2026 WITH CORRECT ANSWERS

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LOMA 291 MODULE 1 ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS 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 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, bankNeed assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com 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. 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 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 Need assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: tutorjean01@gmail.com