Can I Withdraw Money From My Term Life Insurance? 
Ordinarily , there is no money or cash value to withdraw from a term life insurance policy . Only permanent life insurance policies such as whole life and universal life have cash value to withdraw . Most term life policies have a terminal illness feature that allows the insured to access up to half of the face amount if diagnosed with an illness with a life expectancy of less than 12 months to live . Other than that , there is no cash value to pull from unfortunately . 