What Is The Cash Value Of A Whole Life Insurance Policy? 
The cash value of a whole life insurance policy is the amount of money that is accessible to the policy owner to use while still alive . It can be accessed through a policy loan or by surrendering the policy . If the loan is payed back with interest as stipulated in the policy , the entire face amount will be paid upon death . If surrendered , the policy is terminated and would not longer pay a death benefit . 