What's My Life Insurance Policy Worth? 
That is a great question ! There are two values to your policy . Your policy has a short term worth , and a future worth . The short term worth can be measured by the cash value -LRB- if any -RRB- that your policy has generated . This is the amount of money available for you to use should you need to use it , or that the company would return to you , -LRB- minus fees -RRB- should you surrender the policy . The future value is the amount of the death benefit , or face value , of the policy . This is the amount that would be paid to your beneficiary . There is also an emotional value , difficult to put a value on , and that is the peace of mind knowing you 've protected your loved ones . Thanks for asking ! 