Principios Generales de SegurosPregunta 362 de 716
Persuading a policyowner to drop an existing policy and replace it by using misleading or incomplete comparisons is the unfair trade practice known as:
a.Rebating
b.Coercion
c.Sliding
d.Twisting
Explicación
Twisting is inducing a policyowner to replace an existing policy through misrepresentation or an incomplete or distorted comparison, often to the client's disadvantage. Rebating is giving a client an inducement not stated in the policy, such as sharing commission. Sliding is adding unwanted coverage or charges without the client's consent. Coercion is applying unfair pressure, often in restraint of trade. Twisting is defined specifically by the use of misleading information to prompt a replacement.
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Preguntas relacionadas de este tema
- A misrepresentation on an application generally allows an insurer to void the policy only when the misstatement was:
- A producer exceeds the powers actually granted by the insurer, but a reasonable applicant believes the producer is acting for the insurer. The producer is exercising:
- The powers a producer is specifically granted in the written agency agreement with the insurer are called:
- Offering a prospective buyer part of the commission or another inducement not specified in the policy in order to make a sale is called:
- A producer who collects and holds premium money on behalf of the insurer occupies a position described as:
- The principle of indemnity, which limits recovery to the actual amount of a loss, generally does NOT apply to life insurance because a life policy is:
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)