1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    No, Disability Insurance does not normally have a cash value. The only way to get cash from a basic Disability policy is to become disabled and have the policy pay you cash to replace part of your income. 

    However, you may have the option to purchase a Cash Value Rider or Equity Builder that builds up cash value in your policy. The cash value starts growing in the early years and builds up over the years until it reaches an amount that is near the total number of premiums you have paid into the policy. When you drop the policy, or hit age 65, you are able to get this "return of premium" cash value back.
    Answered on June 14, 2013
  2. 0 POINTS
    David RacichPRO
    Fountain Hills, Arizona
    Disability Insurance is a morbidity product with no accumulating cash values. The benefits of a disability insurance product are not considered an asset, but an insurance claim. Although most disability insurance claims are tax free, businesses that expensed the disability insurance premiums as a tax deduction, receive the benefits taxable as ordinary income.
    Answered on June 14, 2013
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