Which of the following is an advantage of whole life insurance over term life insurance?(1 point) Responses Whole life insurance accumulates a cash value. Whole life insurance accumulates a cash value. Whole life insurance rates decrease over time. Whole life insurance rates decrease over time. Whole life insurance must be renewed after a set period of years. Whole life insurance must be renewed after a set period of years. Whole life insurance has a higher payout than term life insurance.
