Policyholder, Your life insurance will continue provided premium payments begin on the next premium due date. If the Collateral Assignment is to be released, the Assignee must complete a collateral release form dated prior to the Absolute Assignment.How to fill out the Assignment Policy Form for Life Insurance? 1. Identify the policy and the assignee details. 2. It is the obligation of the judges of the Court of Common Pleas, Cuyahoga County, Ohio, to operate the.