Final answer:
Decrasing term life insurance policy does not contain a cash value provision, while others like Modified whole life, universal life and adjustable life do.
Step-by-step explanation:
The life insurance policy that does NOT contain a cash value provision is Decreasing term life. Cash value provision is a feature of certain types of life insurance policies that allows the policyholder to accumulate a savings element over time. Modified whole life, universal life, and adjustable life are examples of policies that do contain a cash value provision.