QRZ Electronics bought a Key Employee life policy on one of its best employees, Raven. When Raven retired QRZ wanted to extend the coverage to Raven's replacement. What rider would allow QRZ to keep the policy with its cash values in force and meet this need at the same time?

QRZ Electronics bought a Key Employee life policy on one of its best employees, Raven. When Raven retired QRZ wanted to extend the coverage to Raven's replacement. What rider would allow QRZ to keep the policy with its cash values in force and meet this need at the same time?



a. Change of insured

b. Key employee replacement

c. No rider allows this.

d. Substitute employee



Answer: A

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