What term describes an insurance agent who induces a client to cancel an existing policy by providing misleading information?

The term that describes an insurance agent who induces a client to cancel an existing policy by providing misleading information is "twisting." Twisting involves a deceptive practice where an insurance agent misleads a policyholder about the benefits of a new policy in order to encourage them to surrender their existing coverage. This can include providing false information about the costs, benefits, or terms of the new policy compared to the existing one.

Twisting is particularly problematic because it can lead to the policyholder losing valuable coverage or missing out on benefits they were entitled to under their previous policy. It is considered an unethical practice and is often regulated or prohibited by insurance laws to protect consumers.

The other terms, while relevant in the context of insurance, do not specifically refer to the unethical act of inducing a policyholder to cancel a policy through misleading information. Consulting typically refers to providing professional advice, churning involves the practice of an agent repeatedly replacing policies merely for financial gain without the client's best interest in mind, and underwriting is the process of evaluating risk and determining the terms of insurance coverage, which does not involve misleading clients.