Which of the following statements about cash values in whole life insurance policies is true?

Comprehensive and Detailed Step by Step Explanation:Cash values in whole life insurance are a key feature, and they:

Accumulate as a result of thelevel premium concept (A), where excess premiums in the early years of the policy build the cash value.

Are guaranteedin whole life policies, contrary to option B.

Do not equal the face value at age 65 (C) unless specifically structured for that purpose.

Continue to grow beyond age 65 as long as the policy remains active, invalidating option D.

References: Maryland Insurance Guidelines on Whole Life Policies, Cash Value, and Premium Structures.