Does a Term Life Insurance Policy have any Cash Value?
No, a term life insurance policy does not have any cash value.
Term life is considered pure death protection, in that its only function it to pay out the death benefit if the insured person dies. There is no investment feature, just "pure protection".
Term insurance is not designed to borrow from, and if you surrendered a term life insurance policy, there would be no cash paid back to you.
Term life insurance does not build up cash inside the policy the way a permanent life insurance policy does over time. This is one reason permanent life insurance costs so much more than term life.