Which of the Following Is an Option for Using the Cash

question 117

Multiple Choice

Which of the following is an option for using the cash value of your whole life policy?

• A)Lending the money to a different policyholder
• B)Using the proceeds to buy term insurance in the same value as your whole life policy
• C)Having the insurance company invest your cash value in stocks or mutual funds of your choice
• D)Cancelling the policy and losing your cash value

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Definitions:

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Rogers

Often refers to Carl Rogers, an influential American psychologist and one of the founders of the humanistic approach to psychology.

Sigmund Freud

was an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Innate Drive

A natural impulse or instinctual force that motivates behavior, believed to be born within an organism.