When Can I Cash In My Life Insurance Policy? 
A whole life policy accumulates cash value . This cash value increases over time . While you can cash surrender the policy at any time , you will only receive the amount of cash surrender value in the policy , you do not receive the face amount . The longer you hold on to the policy the more cash accumulation you have . Remember that when you surrender a policy by cashing it in you will lose the death benefit . If you need the insurance then take a loan on the policy if you need cash . Just make sure you pay the interest each year . The amount of the oan will be deducted from the death benefit if something happens to you . 