Which Type of Life Insurance Policy Does Not Build a Cash

question 19

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

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Definitions:

Socialization Process

The process by which individuals learn the values, norms, and required behaviors which permit them to participate as members of a society or organization.

Organizational Culture

Organizational culture comprises the values, beliefs, behaviors, and artifacts that contribute to the unique social and psychological environment of an organization.

Ethics Component

The ethics component involves the principles or standards governing the conduct of a person or members of a profession, emphasizing moral obligations and decisions.

Organizational Culture

A system of shared assumptions, values, and beliefs that governs how people behave in organizations.