Can paid for life insurance be canceled? 
The money is legally your father 's , and he should be able to get the cash value upon request . How much he has built in cash value depends on how old he was at policy inception , how long he has had the policy , and how much premium has been paid on the policy . Yours is an issue that your agent may or may not be able to resolve ; I would suggest you give him or her the chance to do so . 