Ohio Insurance Laws and Regulations Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

All of the following actions are considered rebating except?

Offering a premium discount

Providing special favors

Sharing commissions with other agents

Rebating is when someone offers to give the client something in return for their business. Choice A correctly describes rebating as it is offering a premium discount. Choice B is similar to rebating as it involves providing special favors to entice clients to do business, however, this differs from rebating as it isn't a tangible item. Choice D also pertains to purchasing policies and offering gifts, again not matching the definition of rebating as it does not involve a discount or tangible item. Choice C, sharing commissions with other agents, is the only option that does not involve offering something to the client, but rather dividing commissions within the company or agents.

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Giving gifts for purchasing policies

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