What to do with Universal Life insurance my dad purchased when I was a child? (WA State)

When I was 6, my dad purchased UL option 2 through State Farm for me. The death benefit is $50k. I am 40, and have been the owner of this policy for many years. My dad paid a flat $25 premium each month, which I now pay. However, I'm reading online that these UL policies may not be worth it? The cash value of the policy is around $15k, and my dad and I have paid around $10k into it since he opened it. Should I just keep the policy for my daughter to receive once I've passed, or is there a better way to spend this money?

I also have an umbrella policy ($2 million) through State Farm.