Final answer:
A cash-value (whole) life insurance policy credits earnings at current market rates, providing both a death benefit and a cash value that accumulates over time.
Step-by-step explanation:
The type of life insurance policy in which earnings are credited to the insured's account at current market rates is a cash-value (whole) life insurance policy. These policies not only provide a death benefit but also a cash value component. The cash value grows over time and can be used by the policyholder for various financial needs, being credited at private rates of return reflective of current market conditions.