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Does term life insurance have a cash out value?

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Does term life insurance have a cash out value?

This interesting question is from Insurance subject matter

The question was posed to me during a job interview.

Other related questions to my question are:

Does a term life insurance policy have any cash value?

How do I know if my life insurance has a cash surrender value?

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Correct answer for this question is: No, term life insurance does not have a cash value You are, perhaps, thinking of permanent life insurance, which some literally refer to as cash value life insurance. (These policies also go by whole life insurance, variable life insurance, and universal life insurance.May 13, 2019

The title of my answer is Does term life insurance have a cash value? | Haven Life

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