Following are the examples of illegal sales practice EXCEPT:
A) Twisting occurs when an agent purposefully misguides and individual into canceling one policy and purchasing a new one
B) Rebating occurs when an agent agree to give an individual the share of the commission as an incentive to buy a policy
C) Misrepresentation occurs when agent makes false and misleading statements, but they are allowed to guarantee policy dividends
D) None of these
Correct Answer:
Verified
Q221: Policy holders of whole life insurance use
Q222: Disadvantages of term life insurance to buyers
Q223: Recent activities in the marketplace have caused
Q224: Variable life insurance is:
A) Permanent life insurance
B)
Q225: Term Life insurance is available in which
Q227: In variable universal life (VUL) policies the
Q228: A contract whereby one undertakes to indemnify
Q229: Optional basic and supplement life insurances are
Q230: Which of the following is least expensive
Q231: Whole life insurance protects for:
A) A specified
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