An effort by an existing insured to prevent replacement and continue existing life insurance policies in force is known as which of the following?

The process described, where an existing insured takes measures to prevent replacement of their life insurance policies and keep them active, is known as conservation. Conservation in the context of insurance refers to the activities and practices aimed at retaining policyholders and ensuring that they do not switch to different insurance providers or cancel their existing policies. This can include providing additional information about the benefits of the current policy, reevaluating the coverage to meet the insured's needs, or offering better terms.

Consolidation, continuation, and retention may have related meanings in broader contexts, but they do not specifically capture the proactive measures taken to maintain existing policyholders in the insurance industry. Consolidation usually refers to combining entities or resources, continuation implies keeping something ongoing but does not emphasize the active prevention aspect, and retention generally focuses more on maintaining clients without the specific context of life insurance policies. Therefore, conservation is the most precise term for the efforts to keep policies in force.