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Answered 2010-01-30 13:26:16

No. But you can count it's redeemable value as part of your net worth. Be aware that not all life insurance policies have redeemable value. Contact your insurance agent for more details.

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Life insurance policy holder since 1965.Need to find new face amount.?

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What is the cash value in an insurance policy mean?

The cash value is the amount of money your insurance policy is worth to the owner of the policy if the insurance is cancelled and the policy terminated. The insurance company will mail a check to the to the policy owner upon policy termination or cancellation by request of the owner. I would strongly encourage you to consult a professional in your area before cancelling an existing policy. There may be other options and alternatives to access the value of the policy without cancelling the insurance policy.

How much money was George's life insurance policy worth in It's a Wonderful Life?

George Bailey has a life insurance policy worth $5,000.

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How much is an average life insurance policy worth to the survivor?

The average life insurance policy is worth around 250,000 dollars to the survivor. Many people have policies that pay out even higher.

How much is life insurance bought in 1995 worth today?

Usually - as much as it was agreed upon at the time when the insurance was bought. When we buy an insurance policy, a maturity value is usually mentioned in the policy document. So, in all probabilities your insurance policy is worth as much as mentioned in the document. Also, since it has been 17 years since the policy was taken, it is possible that the policy has expired or lapsed. In that case, the policy is worthless today.

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