Archives Tag: Assignment Of Life Policies
Assignment Of Insurance Contracts
April 19, 2022
Assignment of insurance contract is the transfer made by the holder of a life insurance policy (the assignor) of the benefits or proceeds of the policy to a lender (the assignee), as collateral for a loan. In the event of the death of the assignor, the assignee is paid first and the balance (if … Continue reading Assignment Of Insurance Contracts
By guestpost
