Assignment Due Form For Life Insurance In Georgia

State:
Multi-State
Control #:
US-00422
Format:
Word; 
Rich Text
Instant download

Description

This form is an Assignment of Money Due. The assignor agrees to grant to the assignee all title and interest in a certain debt or money due as described in the agreement. The form also provides that it is the responsibility of the assignor to collect the debt.

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Once you have found the right loan, you must fill out the collateral assignment form. Your insurer will be able to provide you with this form easily.Contact the Insurer: Notify your insurance company of your intention to assign the policy. The application for life insurance benefits consists of the forms included in this packet, as well as the additional information noted under item 1 below. Complete the collateral assignment form. On average this form takes 15 minutes to complete. Collateral assignment enables you to use your life insurance as collateral for a loan. Here is how it works.

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Assignment Due Form For Life Insurance In Georgia