Does Term Life Insurance Count As An Asset? 
That is a great question ! One of the great benefits of term insurance is that you can get a lot of coverage cheaply . The reason that it is cheap , is that there are no cash benefits from it unless you pass away during the term period . Since that statistically is a rarity , and there is no guarantee either way that you would , you can not count a term policy as an asset . Sorry , but I appreciate you asking ! 