There are several common reasons why you might need to assign a life insurance policy, for example, settlement after divorce. But it is one of those simple documents that are still difficult to get right. With these, you can simply choose the document that matches your circumstances most closely so that you do not have to draft your own or make extensive edits.
Assign a life insurance policy
Templates
Deed of assignment: life insurance policy or endowment policy
This deed of assignment transfers the rights to an insurance policy or endowment policy to another party. It can be used when gifting or selling the policy, or as part of a settlement of a divorce or separation. It is easy to complete.
Deed of assignment: life or endowment policy by trustees
This deed of assignment transfers an endowment or other life assurance policy from trustees to beneficiary. It includes a template notice to the insurer that the policy has been transferred. The document is easy to complete.
Deed of assignment: life or endowment policy on divorce
This deed of assignment transfers an endowment or other life assurance policy, most commonly from trustees to beneficiary or from one party to another at divorce or separation. It includes a template notice to the insurer that the policy has been transferred. The document is easy to complete.
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