General Knowledge · Insurance Regulations
An insurance agent's license can be cancelled if they engage in 'Unfair Practices' such as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Explaining policy terms clearly to the prospect
- 2Rebating (offering a part of their commission to the client)✓
- 3Helping the client fill the proposal form
- 4Collecting premium cheques in favor of the insurer
Correct answer
Rebating (offering a part of their commission to the client)
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