Which statement regarding twisting is FALSE?

Twisting refers to a deceptive practice in the insurance industry where an agent misleads a policyholder into surrendering an existing policy to purchase a new one, often without providing full disclosure of the potential downsides. This might involve hiding vital information regarding the disadvantages of the new policy or exaggerating the benefits of switching.

The statement about accurate and complete comparison of policies is false because twisting inherently involves misrepresentation and often omits critical information that could affect the policyholder's decision. In twisting cases, the comparison is not only incomplete but also skewed to make the new policy appear more favorable, thereby misleading the client.

The other statements accurately reflect the nature of twisting: it is indeed a form of misrepresentation as it distorts the truth to persuade the policyholder, and it can involve offering inducements which are meant to entice the individual into making a decision that may not be in their best interest. Thus, the choice that asserts twisting entails an accurate and complete comparison stands out as false.