Monday, September 13, 2021

Term Life Insurance Does It Have Cash Value?

A standard term life insurance policy does not build up any cash value inside the policy. it provides Pure Protection - a death benefit but no cash value.


However, Return of Premium term life insurance policies do return your paid premiums if you outlive the duration of your policy term. 


That means, if you are alive when your term life insurance expires, you get the premiums back.

Learn about about Does term life insurance have cash value?

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