Can Term Life Insurance Be Cashed In? 
Term life insurance does not build cash value so there is nothing to cash in - only permanent insurance policies build cash value -LRB- universal life and whole life -RRB- . When you terminate a term insurance policy , the coverage ends and you get nothing back . However , if you have a term policy with a Return of Premium rider , you may get a percentage of premiums back after a certain amount of time has passed - read the language inside of your policy for specifics if you bought this rider when you set up the policy . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much . 