The cash value is the surrender amount of the life insurance policy. In life insurance with a long insurance period, due to the adoption of the system of wholesale premium or balanced pure premium, a certain amount of liability reserve is accumulated under the policy. When the insured requests to surrender, the insurer deducts a certain surrender fee from the liability reserve, and the balance is returned to the insured or the insured as surrender money (also called "termination money").

You get your money back after six years, and you can get back your principal 3W and dividends for six years. The dividends are uncertain, so I don't know how much.

There is a cash value table on the signed contract, and each year corresponds to an amount, which means that you can only get back the amount corresponding to that year when you dissolve the contract in the corresponding year, but not the principal of 3W.

an insurance policy with cash value can be transferred after endorsement (according to the provisions of the contract, sometimes with the consent of the beneficiary). The cash value of this transfer insurance policy is not to replace the insured.

Extended information:

An insurance company shall return the cash value of the policy to the insured in accordance with the contract when the following situations occur.

1. The insurance company terminates the insurance contract according to the regulations, and the insured has paid the insurance premium for more than two years.

2. The insured commits suicide within two years from the date of the establishment of the contract with death as the condition for paying insurance benefits.

3. The insured intentionally commits a crime, resulting in his own disability or death, and the insured has paid the insurance premium for more than two years.

4. The insured cancels the contract and has paid the insurance premium for more than two years.

In addition, the Insurance Law also stipulates that if the insured intentionally causes the death, disability or illness of the insured, the insurance company shall not be liable for the payment of insurance benefits. If the applicant has paid the insurance premium for more than two years, the insurance company shall return the cash value of the insurance policy to other entitled beneficiaries in accordance with the contract.

Reference: Baidu Encyclopedia-Cash Value