Rebating is an unfair trade practice and is regulated by law. All of the following would be considered to be rebating EXCEPT

Rebating is an unfair trade practice and is regulated by law. All of the following would be considered to be rebating EXCEPT


A) An agent offers to share his commission with a policyholder

B) An agent offers tickets to a baseball game as an inducement to buy insurance

C) An agent uses misrepresentation to convince a person to cancel an existing policy and take a new policy from him

D) An agent offers the use of his lake house to person as an inducement to buy


Answer: C) An agent uses misrepresentation to convince a person to cancel an existing policy and take a new policy from him

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