Can I Sell My Term Life Insurance Policy? 
Yes , you can . First question : are you sure you dont need it ? Think through the needs for life insurance you might have going forward . If it turns out that you do need coverage in 10 years , the price could be pretty high . And remember that your insurability is not guaranteed . Next question : why not convert this term policy to a permanent product ? This way you can lock into guaranteed rates for the rest of your life . You can avoid having to go to market again and paying high prices . You can even put extra money into the policy and grow a cash account . And , you wont have to go through underwriting again . Last question : how old are you ? And how is your medical condition ? Life settlement companies frequently impose a minimum age requirement . They tend to also want to buy policies from people who are not in the best of health . Make sure you do some good research in this area if you decide to go this route . 