Can A Term Life Insurance Policy Have A Cash Value? 
It is not normal for a term life insurance policy to have a cash value . As Lenny said , if you buy a return of premium term policy , it will return the premiums you paid in if you keep the policy until the end of the term . But you can not collect that unless you surrender the policy . Term insurance keeps its prices down by only offering a death benefit without the added benefit of accumulating a cash value . 