What do agents risk by promoting non-compliant insurance practices?

Promoting non-compliant insurance practices exposes agents to significant legal penalties and the potential for license revocation. Compliance with insurance regulations is crucial to maintaining the integrity of the insurance industry and protecting consumers. When agents engage in practices that violate these regulations, they risk facing disciplinary action from regulatory authorities, which can include fines, sanctions, and even the loss of their ability to operate as licensed agents. Upholding compliance not only helps protect individuals and businesses but also ensures the overall stability and trustworthiness of the insurance market. In contrast, the other options inaccurately characterize the consequences of non-compliance, as they suggest beneficial outcomes that could arise from engaging in risky practices, which is misleading and contrary to the principles of responsible insurance conduct.