Which item is normally included in a life insurance policy summary?

• A. The policy's cash value
• B. The policy's trading value
• C. The insured's medical history
• D. The insurer rating

Answer: (A)

Policy summaries highlight the cash value, the amount that has accumulated inside a permanent life policy and that the owner could borrow against or withdraw. This makes cash value a natural item to include in the summary because it shows the policy’s savings component separate from the death benefit. Trading value isn’t a standard term in life insurance, and policies aren’t bought or sold based on a trading value within the contract. The insured’s medical history belongs to underwriting files and isn’t shown in the policy summary. The insurer’s rating concerns financial strength and isn’t part of the policy’s contract terms. So, the policy’s cash value is the item normally included.