Is There Any Cash Value To A Term Life Insurance Policy? 
The cash reserve that is required to keep a premium level is what generates the guaranteed cash value of an insurance policy . Term insurance policies are usually of shorter duration and consequently the reserve is created and used up so there is no cash value available to policyholders . Some policies of longer duration have a cash value or some other non-forfeiture option like reduced paid up or extended coverage . This varies by company and you you need to check your policy for details . An independent life insurance broker , representing several companies , can help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . 