Co-Founder, Coastal Financial Partners Group, California
The policy owner can determine the current cash value of their life insurance policy by contacting the servicing agent or the life insurer directly.
The annual statement you receive from the insurance company will have the contact information for both listed. It will also have the cash value as of the policy anniversary date. That value may not adequately reflect the current cash value but it may give you an idea.
You can also request a current inforce projection and full statement of policy costs and values when asking for the cash value.
Policy owners receive an annual statement that displays the account and surrender cash value of their policies. But in the event that the cash value amount needs to be known in-between annual statements, the policy owner can order an in force ledger that will display the account and surrender cash values as well as any policy loans. You could also contact the writing agent, who should be able to obtain the information as well. But if you have your agent gathering the information, ask for an official document from the issuing life insurance companies.
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The annual statement you receive from the insurance company will have the contact information for both listed. It will also have the cash value as of the policy anniversary date. That value may not adequately reflect the current cash value but it may give you an idea.
You can also request a current inforce projection and full statement of policy costs and values when asking for the cash value.