Can You Transfer A Whole Life Insurance Policy? 
If by transfer , you mean the changing of ownership , be advised of the potential taxable event if there is gain the policy . Order an in force ledger and have it reviewed intandemwith the original policy and the last annual policy statement . Having an insurance and tax professional review these documents can assist you in determining the economicviabilityof the transfer . If by transfer you mean , exchanging the present policy under the 1035 rules for a new policy without changing ownership or the insured , you can do that.Whetheryou should that or not is another question . Seek out an insurance and tax professional before moving forward with a transfer or exchange . We can help with that . 