Selling your Insurance Policy

Having an insurance policy (e.g. Endowment / Whole-Life) is a long-term commitment and usually early termination involves high costs and the surrender value payable may be lesser than the total premiums paid. However, due to certain unforeseen circumstances, policy owner may not be able to continue with the policy.

In such instances, their options are usually:
• Taking up a loan with interests
• Stop paying premiums and go into Automatic Premium Loan (APL)
• Lapsing the policy
• Surrendering the policy

Many of them are not aware that their policy can be sold. Just like selling cars or HDB flats, the ownership can be legally transferred. This transfer of policy ownership will be done at the respective Insurers’ Customer Service Centre where the insurance company will register and process the Assignment.

By selling your policies to REPs, we will be able to pay you a higher value than surrendering. Contact us for a Free Valuation to check how much your policy can fetch you today.

There are several reasons why people will want to terminate their insurance policies (Endowment/Whole Life).


The common reasons are, 

  • have not been paying premiums and cash value depleting
  • cashing in for better investments
  • heavy commitment
  • paying off debts
  • migrating
  • in need of cash
  • policy restructuring
  • do not wish to pay any policy loan
  • splitting of assets
  • reaching “break-even” point (cash value = premiums paid)


53696998 - husband and wife with family finance concept

If you are considering to terminate or giving up your insurance policy, do you know that the policy ownership is transferable? 

In the same way that you do not need to sell your flat back to HDB or your car back to the manufacturer, you have other options besides surrendering your insurance policies, like endowment savings policy back to the insurance company or letting it lapse. 

Your insurance policies, like endowment or whole life policies can be transferred and sold. 

By selling, you will be able to obtain more money back compared to surrendering to the insurance company. 

After selling the policy, your obligations to the policy ends here. 

Get a free valuation of your insurance policies by submitting your policy details here:

And our team will get back to you within 2 working days’ time. 

Case Study:



An illustration between client surrendering back to insurer and selling it to REPs 

Ben started a 20 years endowment policy, at the end of 8th year, Ben is unable to continue paying for the premium of his endowment policy. Ben has decided to give up his policy, looking at the options he have, there are only two options. 




– Higher value than Surrender Value by Insurance Company
– Hassle Free Transaction
– Cash on the Spot 
– Takes about 20 minutes for the whole process to be done

How it works?


Find out how much you can

cash out your policy today, 

contact us now.



Some articles on Resale Endowment Policies,

Article 1: Market for Resale Endowment Policies Emerging on The Business Times, 13 April 2013

Article 2: 转售储蓄保单,助儿结婚买屋 – Source: 21st March 2013, Lian He Wan Bao

Article 3: 人寿与储蓄保单-可转售 – 2016年6月5日 星期日 – 联合早报




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Free Policy Valuation


Please enter the required policy information below for a free, no obligation quote.
The details can be obtained by phone from the respective insurer customer service.
Give us a call with your policy number during office hour and we will guide
you through the valuation process.
A few minutes can get you hundreds or thousands more.

Are you the Policy Owner?*
Name of Policy Owner*
Email Address*
Contact Number*
Policy Information
Insurance Company*
Policy Number
Name of Policy*
Issue Date*
Maturity Date
Basic Premium*
(excluding riders)
Frequency of Premium*
Next Premium Due Date
Basic Sum Assured
Surrender Value*
For Financial Adviser requesting on behalf of Policy Owner
Contact Number
Email Address