Does Life Insurance Count In Net Worth? 
Does life insurance count towards net worth ? Well , it depends on who 's doing the counting . Normally , the cash values of a life insurance policy could be included in net worth calculations , but usually not the death benefit . Now , in dealing with estate tax planning the life insurance death benefit is included as part of the taxable estate value . This is based on ownership of the policy . If the policy is owned by a trust or another person , it is not counted against the estate . 