Term Insurance does not provide Cash Value.

There are two types of life insurance, 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.