VIEWS: 106 PAGES: 3 CATEGORY: Drafting Legal Forms POSTED ON: 3/28/2012
This is an agreement whereby a party that is currently insured (the "Assignor") wholly transfers their rights under an insurance policy to a third party (the "Assignee"). This is an irrevocable transfer of all legal and beneficial rights, title and interest in an insurance policy. After execution, the Assignor no longer has rights or benefits under the insurance policy. This document is ideal for small businesses or individuals who want to buy or sell their rights under an insurance policy.
"Assignment of Insurance Policy"