I The submission of this form allows RiverSource Life Insurance Co. of New York. (RiverSource Life of NY) to disclose to the intended assignee any potential.(2) The full name, and age, of the Assignee must be stated. (3) The actual consideration for the assignment received from the assignee should be written in. How to fill out the Assignment Questionnaire for LIC Policy Holders? Access essential forms for LIC transactions effortlessly. Assignment: The transfer of ownership of a Life Insurance policy from one person to another.