Rebating is an unfair trade practice and is regulated by law. All of the following would be considered to be rebating EXCEPT 1. An agent offers the use of his lake house to person as an inducement to buy. 2. An agent offers to share his commission with a policyholder. 3. An agent offers tickets to a baseball game as an inducement to buy insurance. 4. An agent uses misrepresentation to convince a person to cancel an existing policy and take a new policy from him.
Rebating is an unfair trade practice and is regulated by law. All of the following would be considered to be rebating EXCEPT1. An agent offers the use of his lake house to person as an inducement to buy.2. An agent offers to share his commission with a policyholder.3. An agent offers tickets to a baseball game as an inducement to buy insurance.4. An agent uses misrepresentation to convince a person to cancel an existing policy and take a new policy from him.
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The post Rebating is an unfair trade practice and is regulated by law. All of the following would be considered to be rebating EXCEPT 1. An agent offers the use of his lake house to person as an inducement to buy. 2. An agent offers to share his commission with a policyholder. 3. An agent offers tickets to a baseball game as an inducement to buy insurance. 4. An agent uses misrepresentation to convince a person to cancel an existing policy and take a new policy from him. appeared first on Superb Professors.
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