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Is cash value life insurance the same as whole life insurance?

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Is cash value life insurance the same as whole life insurance?

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This question was addressed to me in a job interview.

Other related questions to my question are:-

Is cash value life insurance the same as whole life insurance?

What is wrong with cash value life insurance?

What is cash value life insurance called?

What happens to whole life cash value at death?

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Correct answer for this question is: Not every type of life insurance has a cash value component. For example, term life insurance does not have cash value. Whole life and universal life are forms of life insurance that have a cash value component.Dec 2, 2021

The title of my answer can be What To Know About Cash Value Life Insurance

 You can read more about by answer on Forbes

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