What Is The Cash Value Of My Life Insurance Policy? 
Cash value in a life insurance policy is the money which is in excess of the cost of insurance and other internal costs . This money is typically growing with an interest rate which is declared as a guaranteed minimum and a current rate . There is also a surrender value which means if you were to cancel the policy , that money is what will be returned to you . It may be different than the cash value as there are surrender charges especially during the first 10-15 years of the policy depending on the company and product . 