How Do You Determine Cash Value Of Term Life Insurance Policy? 
Is this a trick question ? Term life insurance does not have cash value . Term policies pay a death benefit when the insured passes away while the policy is in force . You ca n't cash in the policy and get your money back , or get a policy loan . Whole life and universal life are examples of permanent coverage that has cash value . Your monthly premiums are often much higher to fund the cash accumulation . 