Does My Life Insurance Policy Have Cash Value? 
There are two types of life insurance fundamentally , term life insurance and permanent life insurance . Term insurance has no cash value with an exception of a return of premium rider at the end of the term . Permanent life insurance comes with different names . the most popular are whole life , universal life , indexed universal life and variable life . These all have a cash value component . Open your policy to the declaration page . This page will tell you the type of policy you have . If you find it is a permanent plan mentioned above , then turn over to the illustrations page . These pages will give you the cash value of at each policy year with the cash value of your plan . 