Final answer:
Agents are usually required to keep replacement forms on file for a period ranging from 3 to 7 years, depending on state laws and industry regulations.
Step-by-step explanation:
The requirement for an agent to keep replacement forms on file for a certain number of years is generally regulated by state laws, industry regulations, or company policy in the context of insurance or financial services, and varies by jurisdiction. It's common for such records to be kept for a minimum of 3-7 years, depending on the specific legal requirements or retention policies that apply to financial records and contracts. For an accurate period, it is best to check the relevant state laws or regulatory guidelines related to record retention for agents in the specific field of practice.