9/29/2026 12:21 AM (PST)

Yes, can you sell your life insurance policy depends on the policy type and whether it meets the applicable eligibility requirements. An eligible policy may potentially be sold through a life settlement, allowing the policyholder to receive a lump-sum payment in exchange for transferring ownership. The evaluation may consider the policy's death benefit, premiums, remaining coverage, type of policy, and the insured person's circumstances. If the policy qualifies, a provider may make an offer. Before proceeding, compare the potential settlement with your policy's cash surrender value and consider whether keeping the policy could better meet your needs. You should also review potential taxes, fees, and effects on beneficiaries.