No, you cannot receive any money back from a term life insurance policy. A term insurance policy provides only coverage and pays a lump-sum amount called the death benefit to your beneficiary in case of your death before the end of the policy term. In case you survive the term you cannot receive any benefit whatsoever. However, on availing the Return of Premium (TROP) rider, you get a refund of all the premiums paid by you in case you survive the policy term.