Which Type of Life Insurance Policy Does Not Build a Cash

question 20

Multiple Choice

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

• A) whole life
• B) term
• C) universal life
• D) All of the above build a cash value.

---

Definitions:

Retentive

Describes a feature in control systems that allows the retention of variable values or program states after a stop or power loss.

Magnetic Motor Starter

An electromechanical device that safely starts and stops a motor by controlling the electrical power supplied to the motor.

Full Load Current

The current drawn by an electrical machine, such as a motor or transformer, operating at its rated capacity under designated conditions.

Normally Closed

Normally closed is a term used to describe a configuration of an electrical or mechanical switch in which the default state of the switch is making contact, allowing current flow, until actuated.