Is A Term Life Insurance Policy Considered An Asset? 
That is a great question ! Your term policy can be considered an asset in the regard that you have some peace of mind having some limited insurance coverage , as opposed to having none . In any financial regard , no , you ca n't say that it is . First of all there is no value to it , unless you pass away during the term , and you have no tangible asset once the term expires.Unless you were looking for a cheap insurance policy to cover a short term debt , or as additional coverage , I 'm not a fan of term policies at all . Sorry , but I appreciate you asking ! 