What is described by: “No person may make any written or oral statements, which misrepresent the terms, conditions, or benefits of a policy, for the purpose of inducing a policyholder to lapse on his current insurance and take out another policy?”

Insurance

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What is described by: “No person may make any written or oral statements, which misrepresent the terms, conditions, or benefits of a policy, for the purpose of inducing a policyholder to lapse on his current insurance and take out another policy?”

a. Rebating

b. Twisting

c. Sharing commissions

d. Unfair discrimination

Answer: b. Twisting

The above question What is described by: “No person may make any written or oral statements, which misrepresent the terms, conditions, or benefits of a policy, for the purpose of inducing a policyholder to lapse on his current insurance and take out another policy?”, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.