Which of the following is NOT considered rebating? Sharing commissions with an agent licensed in the same line of business Returning premium to a client as an inducement for purchasing a policy Giving something of value to an insured in exchange for their business Offering special dividends

Question

Which of the following is NOT considered rebating? Sharing commissions with an agent licensed in the same line of business   Returning premium to a client as an inducement for purchasing a policy   Giving something of value to an insured in exchange for their business   Offering special dividends

Accepted Answer

Sharing commissions with other licensed agents is not considered rebating.

Answer

An agent's commission

Answer

Notice to existing and replacing insurers of intention to replace

Answer

Risk management advisers

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