What Is Net Cash Value On Life Insurance Policy? 
With a permanent policy , you build up equity . After a year or so , you may choose to borrow against the money you are building up . If you take a loan , the remaining equity is the net cash value , the money you be able to get if you closed the policy . If you repay the loan , that net cash value goes up by the amount repaid -LRB- give or take interest -RRB- . You are far better off taking a loan , which you can keep tax free , than cancelling a policy and taking out the cash , upon which you would have to pay tax . Thank you . GARY LANE . 