What Does Cash Value Mean In Regards To Life Insurance? 
Cash value on a life insurance policy is the amount that the policy would be worth if it were cancelled at the point that the cash value was determined . Every carrier and policy is different . The cash value may still be subject to some fees or other charges when the policy is terminated . To know all of the coverages and exclusions afforded under the policy you should read it completely or contact your local agent to have them go over the policy with you . 