Can I Withdraw Money From My Term Life Insurance? 
Regular Term Life Insurance has no cash value to withdraw money from . However , Term Life policies with `` living benefits '' do allow you to access the death benefit in the form of cash while you are still living , in certain situations . The triggers that could allow you to use the death benefit as cash while still alive are : a -RRB- being diagnosed with a critical illness such as cancer , heart attack , etc ; b -RRB- being unable to do to or more ADL 's for an extended period of time ; and/or c -RRB- being diagnosed with less than 1-2 years to live . 