n NISM Certifications
NSM General NISM
Medium

What is the cash value in a whole life insurance policy?

Practice question from IC 38 Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The amount of premium paid throughout the policyholder's life

  2. B

    The amount of death benefit that the policyholder is entitled to

  3. The amount of money the policyholder can withdraw in the form of a loan

    Correct answer

  4. D

    The amount the policyholder will receive upon surrender of the policy

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.