What is my return on a variable life policy? Inputs Policy amount $ Current age Years you have owned policy Years until your death Your state + federal tax rate % Your premiums Monthly premiums Years premium paid Lump sum premiums Year lump sum due $ $ $ $ $ $ Your policy's cash value Current cash value $ Average interest you will earn % Years until you cash out Surrender charge % Your fees Upfront fees $ Portion of premiums applied to fees % Monthly fees $ Or Yearly insurance charge (percent of policy amount) % Or Yearly insurance fee (percent of cash value) % Your death benefit Receive policy amount only Receive the cash value also