What Is The Cash Surrender Value Of My Life Insurance? 
That is a great question ! The surrender value is the money that the insurance company returns to you if you were to cancel or `` surrender '' the policy before it reaches it 's expected end . Term life policies will have no surrender value , as they have no value unless they pay out . Whole life policies build a cash value , and it is from this that your returns come . The surrender value is nearly always less than the cash value , as the company will collect fees and charges from that value before releasing it to you . Your policy paperwork will usually list the surrender value . I hope that helps , thanks for asking ! 