How To Get Cash Value Of Life Insurance? 
To find out how much cash value is in your life insurance policy , you can order a current illustration from your agent , or directly from the life insurance company from which your policy is issued . If you want to literally get the cash value from your life insurance policy , you can borrow from your policy , or you could surrender your policy . Taking a loan against your policy will keep the death benefit intact , as long as you follow the guidelines . If you surrender your policy , you will get all the available cash value , but you will also lose your death benefit protection . It is always a good idea to cover the options with a qualified agent in taking this step . Even if your original agent is no longer around , you can enlist another agent to explain your options and help you avoid some costly mistakes . 