Is There A Cash Value On Term Life Insurance? 
If you are looking for cash value , money you can borrow against tax free , and even keep tax free , you want whole life insurance and NOT term life insurance . Term is not designed to accumulate cash value . That is why it starts out at a lower price than whole life . Whole life is designed to accumulate value , and thus allows you to borrow against it and even keep that money tax free . It starts out costing more , but gradually with the cash growth , it can cost less and go on forever ! Great question . Thank you . GARY LANE . 