I've been paying a small monthly amount into a life insurance policy for over twenty years. I've just been laid off and could use some extra cash. Would anybody buy the policy from me? Should I talk to the insurance company, or a broker. Are there specialist dealers in bought-out policies?
You should phone up your life assurance company too to find out the surrender value of the policy. They will tell you if it's the type of policy that can be sold to a third party.
Don't get your hopes up. Your policy may not have a value at all.