Is There Any Cash Value To A Term Life Insurance Policy? 
Unlike Whole or Permanent Life , Term Life does NOT accumulate equity . It is pure life insurance . It protects you against death , so your beneficiaries will be paid upon your death . Permanent life will grow value against which you can borrow , or retire upon . Term does not allow this . In exchange , the premiums start out substantially lower , but only for the fixed term of years . Thank you . GARY LANE . 