This Assignment of Life Insurance as Security contains the following provisions:
- Parties: The names of the assignor and assignee;
- Financial Interest: The identity of the party in which the assignor has a direct financial interest;
- Indebtedness: The amount of assignor’s indebtedness;
- Life Insurance Policy: Sets out the name of the insurance company who issued the policy, the policy number, date of issue and the policy amount;
- Assignment: Assignor assigns the policy as general and continuing collateral security for repayment of the indebtedness;
- Covenants to Maintain Policy: Assignor agrees to pay all premiums and maintain the life insurance policy in good standing until the indebtedness has been paid in full;
- Additional Assurances: The assignee may ask assignor to execute other assurances regarding the security in the policy;
- Signatures: Both assignor and assignee must sign this agreement.
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Product Specifications
| Product | Assignment of Life Insurance as Security |
| Country | United States |
| Pages | 4 |
| Dimensions | Designed for Letter Size (8.5" x 11") |
| Printer compatibility | Designed to print on all ink-jet and laser printers |
| Editable | Yes (.doc, .wpd and .rtf) |
| Format |
Microsoft Word Adobe PDF WordPerfect Rich Text Format |
| Platform | Windows Compatible Mac Compatible Linux Compatible |
| Availability | In Stock. Instant Download |
| Usage | Unlimited number of prints |
| Category | Security, Priority & Subordination Agreements |
| Product number | #28609 |
| Download time | Less than 1 minute (approx.) |
| Document Access | Via secret online address Email with download links Email with attachment upon request |
| Refund Policy | 60 days, no-questions asked, 100% money back guarantee |
| Support | Customer support 1-800-959-5899 Online support Additional Help |
Our Promise to You:
We provide accurate, legal and secure forms. All of our forms are prepared by lawyers, can be downloaded and accessed immediately, and are backed by a 100% money back guarantee – if you are dissatisfied, in any way, you get your money back.
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