[Answer] An effort by an existing insurer to prevent replacement and continue existing Life Insurance in force is known as which of the following?ReinstatementConversionConservationDirect-response

Answer: Conservation

Most relevant text from all around the web:

An effort by an existing insurer to prevent replacement and continue existing Life Insurance in force is known as which of the following?ReinstatementConversionConservationDirect-response An effort by an existing insurer to prevent replacement and continue existing Life Insurance in force is known as which of the following? ... next of kin administrator or executor of the estate or legal guardian may apply to the Commissioner of Insurance for a Temporary License to continue the effected producers business for a period no ... Replacement —A transaction in which new life insurance or a new annuity is to be purchased and it is known or should be known to the proposing agent broker or proposing insurer if there is no agent that by reason of the transaction existing life insurance or annuity has been or is to be one of the following: (10) " Replacement " means a transaction in which a new policy or contract is to be purchased and it is known or should be known to the proposing agent or to the proposing insurer if there is no agent that by reason of the transaction an existing policy or contract has been or is to be: Life Insurance Guide - California Department of Insurance insurance Flashcards | Quizlet Life Insurance Guide - California Department of Insurance J. " Replacement " means a transaction in which a new policy or contract is to be purchased and it is known or should be known to the proposing producer or to the proposing insurer if there is no producer that by reason of the transaction an existing policy or contract has been or is to be: In replacement an existing insurer must provide policy owners with a policy summary for existing life insurance within how many days or receiving the writte...

Disclaimer: 

Our tool is still learning and trying its best to find the correct answer to your question. Now its your turn, "The more we share The more we have". Comment any other details to improve the description, we will update answer while you visit us next time...Kindly check our comments section, Sometimes our tool may wrong but not our users.

Are We Wrong To Think We're Right? Then Give Right Answer Below As Comment