Which of the following is considered unethical according to Rule 69B-215?

Twisting policies and misrepresentation is considered unethical according to Rule 69B-215 because it involves persuading a policyholder to replace an existing policy with a new one under false pretenses or with misleading information about the benefits of the new policy. This practice can undermine the trust between consumers and insurance professionals, leading to potential financial harm for clients who may not fully understand the implications of the change. The rule emphasizes the importance of transparency and honesty in the insurance industry to protect consumers and ensure they receive fair treatment regarding their insurance options.

In contrast, providing clients with multiple quotes is a standard practice that promotes informed decision-making. Offering discounts on premiums can be a competitive business strategy as long as it's done transparently and within regulatory guidelines. Developing financial plans for clients is a legitimate service provided by professionals that aim to enhance the client’s financial well-being. None of these practices inherently violate ethical standards in the same way that twisting and misrepresentation do.