Actuarial Notes

Exam DISC-IA Practice Question 250

Study guide: Exam DISC-IA

To win a sale, a life insurance agent offers to pay the client's first month's premium out of her own commission. Nothing in the policy mentions this. Under a state law based on the NAIC Unfair Trade Practices Act, the offer is most likely

  • A) misrepresentation of the policy's terms
  • B) defamation of a competing insurer
  • C) boycott, coercion and intimidation
  • D) a prohibited rebate

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