Term Life Insurance policies typically do not have a cash surrender value. Unlike Permanent Life Insurance policies, which can accumulate cash value over time, Term Life Insurance is designed to provide coverage for a specific term, such as 10, 20, or 30 years. Once the term ends, the policy expires and there is no cash value available. Term Life Insurance is primarily focused on providing a death benefit to the beneficiaries in the event of the insured person's death during the term of the policy. The premiums paid for Term Life Insurance are generally lower compared to Permanent Life Insurance, as there is no cash value component. It's important to note that if you cancel a Term Life Insurance policy before the term ends, you will not receive any cash value. However, some Term Life Insurance policies may offer a return of premium feature, where a portion or all of the premiums paid during the term are returned to the policyholder if they outlive the term of the policy. This feature is not the same as a cash surrender value, as it is a return of premiums rather than accumulated cash value. It's always a good idea to review the specific terms and conditions of a Term Life Insurance policy to understand its features and benefits.