Does A Term Life Insurance Have A Cash Surrender Value? 
No . Term life insurance normally provides temporary protection without a cash surrender value . Term life self-terminates at the end of a period of time . Return of premium term is a form of life insurance that can provide a cash value -LRB- return of premium -RRB- after the term period ends for a higher premium than normal term life insurance . Only a few companies offer this product and of the few remaining insurers that do , the premium is relatively high . 