I am looking at cashing in a Unit-linked life insurance policy i have had a long time now (over 10 years). Originally it was from a company called United Friendly which since has been taken over by Royal London and i paid a £1500 single premium. After asking for a surrender quotation i was really looking at seeing if i could sell it for more than this (worth £2900 now). I contacted (APMM) Association of policy market makers but was told they do not deal with my type of policy and was wondering if anyone knew any companies that would buy these policies? The original policy name was United Friedly Growth bond.

Thanks for any help

Firstly, only endowments can be sold.

Second they have to be invested into With Profits (With Losses more like!)

UL pols do not sell as there is no underlying fund backing the surrender value.