What Is Net Cash Value On Life Insurance Policy? 
The net cash value on a life insurance policy is the net cash value you would receive if you surrendered your policy . -LRB- Not including tax if applicable -RRB- With whole life policies this is the sum of the guaranteed cash value plus any dividends less any indebtedness . With Universal life policies , there is often a surrender charge for the first number of years . So the net cash surrender value would be calculated as cash value less loans and surrender charge -LRB- if applicable -RRB- . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . 