Final answer:
Variable life (option B) insurance offers the greatest cash value growth potential among the listed options
Step-by-step explanation:
The life insurance policy with the greatest cash value growth potential among the options listed is Variable life.
Variable life insurance is a type of permanent life insurance that allows policyholders to invest their premiums into a variety of investment options, such as stocks, bonds, and mutual funds. The cash value of a variable life insurance policy can grow significantly depending on the performance of the investments chosen.
In contrast, Ordinary Whole life and Universal life policies generally offer lower cash value growth potential. Ordinary Whole life insurance provides a guaranteed cash value growth based on a fixed interest rate, while Universal life insurance combines a death benefit with a cash value component that accrues interest based on a minimum guaranteed rate.
Level Term life insurance, on the other hand, does not accumulate a cash value. It only provides a death benefit for a specified term length.