What is required when replacing an existing life policy?

• A. Determine replacement is in the client’s best interest, compare costs and benefits across policies, and disclose adverse tax and surrender charges; obtain written consent.
• B. Cancel the old policy and switch to any new one immediately.
• C. Push the replacement even if it is not in the client’s best interest.
• D. Disclose only after the replacement is completed.

Answer: (A)