What Is Embedded Value In Life Insurance? 
Not sure what you mean by `` embedded value '' in life insurance . Life insurance pays a death benefit that is normally income tax free to the beneficiary . In addition , for permanent policies , after the first few years , there may be cash surrender value available in the event the policy is `` cashed in '' and coverage canceled by the policy owner . Or , a portion of the cash value can be borrowed from the policy and coverage maintained . 