Assignment of Insurance Policy

Assignment of Insurance Policy

Assignment of Insurance Policy

$2.99
  • Product Code: Assignment Of Insurance Policy
  • Availability: In Stock

Assignment of insurance. Transfer by the holder of a life insurance policy (the assignor) of the benefits or proceeds of the policy to a lender (the assignee), as a collateral for a loan. In the event of the death of the assignor, the assignee is paid first and the balance (if any) is paid to the policy's beneficiary.

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