See: antirebate law .
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Generally illegal practice, by an Insurer’s representative, or returning to an insured a portion of a commission or any other valuable inducement to buy Insurance from that representative. In India every proposal form for general Insurance business contains the following text: “Prohibition of rebating Your attention is respectfully invited to Sec. 41 of the Insurance Act 1938 which reads as follows: 01. No person shall allow or offer to allow, either Directly or indirectly as an inducement to any person to take out or renew or continue an Insurance in respect of any kind of risk relating to lives or property in India, any rebate of the premium shown on the Policy, nor shall any person taking out or renewing or continuing a Policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the Company. 02. Any person making default in complying with the provision of this section shall be punishable with a fine which may extend to five hundred rupees.: