Which type of life insurance policy does not build a cash value for policyholders?

Name: Which type of life insurance policy does not build a cash value for policyholders?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Term life insurance does not build a cash value for policyholders. It provides coverage for a specified period of time and pays out a death benefit if the policyholder dies during that time. The other options (whole life and universal life) do build a cash value over time.

Which Type of Life Insurance Policy Does Not Build a Cash