[Sandra Paynter]

I have a paid-up Life Policy that matures in 2015 for £4300 if it matures at the rate of 3.75%
I can surrender the policy now to the original insurance company for £3900

I have been told that I can sell it for a larger amount to another company. Is this true?
If this is true,how do I find a reputable company who won't rip me off?

[pathisfer]

I was only aware that you can transfer a life policy or do an exchange but I'm not sure you can sell a life insurance policy?
If your life insurance policy is paid up, are you just needing cash and don't need the protection anymore?
Is this a whole life policy? You can check with another company and see if you can switch to a variable life policy which may give you a better return (VULs have mutual funds).
You can check A.M. Best for ratings on insurance companies and call the most reputable ones.

[rogerw]

The only thing you can sell (maybe) is the death benefit if your health is failing and you need the cash. There will be a substantial difference between the offer made to you and the face amount of the policy. Other than that, the only other option is a 1035 exchange to a new policy. This will trigger new fees and commissions.