Which of the following is not considered rebating?

Rebating refers to the practice of returning a portion of the premium or providing something of value to a potential policyholder as an incentive to purchase insurance. This practice is often prohibited or heavily regulated in many states because it can lead to unfair competition and can mislead consumers regarding the true cost of their insurance.

In this context, the statement about using misrepresentation to convince someone to cancel an existing policy involves unethical practices that could be classified as fraud or deceit rather than rebating. Misrepresentation is about distorting the truth to induce an action, which falls into a different category of unethical behavior in insurance sales. Since it doesn't involve returning premiums or offering financial incentives for purchasing insurance, it is not considered rebating.

On the other hand, offering premium reductions for policy referrals, providing gifts as incentives, and giving cash back all involve directly providing value in relation to a policy, which can constitute rebating. These practices can lead to a pricing advantage or value manipulation for the consumer and the market at large, thus falling under the definition of rebating.