An example of rebating would be?

Rebating refers to the practice of offering an inducement to a policyholder or potential policyholder that is not specified in the insurance contract. This can be in the form of cash, gifts, services, or any other valuable consideration that is provided in addition to the policy benefits. Option C perfectly illustrates this concept since it involves providing something of value not stated in the insurance contract to entice the client to purchase the insurance policy. This practice is generally frowned upon and often illegal in many jurisdictions because it can lead to unfair competition and undermine the integrity of the insurance market.

In contrast, paying dividends to policyholders is a common practice in mutual insurance companies and is part of the contractual agreement with policyowners, thus not constituting rebating. Similarly, reducing premiums across the board for a specific risk class is a standard underwriting and pricing strategy that aligns with actuarial principles rather than being an inducement. Lastly, intimidation to monopolize business falls into unethical practices but does not align with the specific definition of rebating.