Match the terms to their correct definition:

Group of answer choices

Whole Life Insurance

[ Choose ] Builds cash savings for policyholder even if cancel Provides coverage but it has no value if canceled Value of benefit depends on assets backing the policy Part of the policy pays for benefit upon death while the other acts as a savings account

Term Insurance

[ Choose ] Builds cash savings for policyholder even if cancel Provides coverage but it has no value if canceled Value of benefit depends on assets backing the policy Part of the policy pays for benefit upon death while the other acts as a savings account

Variable Life Insurance

[ Choose ] Builds cash savings for policyholder even if cancel Provides coverage but it has no value if canceled Value of benefit depends on assets backing the policy Part of the policy pays for benefit upon death while the other acts as a savings account

Universal Life Insurance

[ Choose ] Builds cash savings for policyholder even if cancel Provides coverage but it has no value if canceled Value of benefit depends on assets backing the policy Part of the policy pays for benefit upon death while the other acts as a savings account