If it "costs" at all, it invariably would be MORE than the contract of insurance that you currently own. I am NOT talking about ANY potential cost due to the market fluctuation, but only to the actual Life Insurance COSTS.
ANY Term Insuranec product that "Might be issued" today MUST cost more that the on-going cost of a contract in it's 15th year.
Without going into the merits of one company over another, the only reason that I can see for you to cash in the contract is to put the money to better use. Therefore why in the world would you start a NEW Contract, with NEW aquisition costs???????????????????????
The PRIMARY question to answer is "Is there a NEED for Insurance at this time".
Cal Lester CLU