To buy new policy Please Contact - 9600086842,9176304864 /venkatesan1683@yahoo.co.in

service to policy assignment

An assignment has an effect of directly transferring the rights of the transferor in respect of the property transferred. Immediately on execution of an assignment of the Policy of life assurance the assignor forgoes all his rights, title and interest in the Policy to the assignee. The premium/loan interest notices etc. in such cases will be sent to the assignee. In case the assignment is made in favor of public bodies, institutions, trust etc., premium notices/receipts will be addressed to the official who has been designated by the institutions as a person to receive such notice An assignment of a life insurance policy once validly executed, cannot be cancelled or rendered in effectual by the assignor. Scoring of such assignments or super scribing words like 'cancelled' on such assignment does not annul the assignment. And the only way to cancel such assignment would be to get it re-assigned by the assignee in favor of the assignor.

Select Your Agents Now!

Being in service for last 11+ years we have more than 2008 in 11 Yrs clients in Insurance & Investments. You can trust on us for high quality services.

FIND AN AGENTS

Call us at 9600086842 or write us to venkatesan1683@yahoo.co.in