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.
- Solicitor approved
- Plain English makes editing easy
- Guidance notes included
- Money back guarantee
About this deed of assignment for a life assurance policy
This deed of assignment transfers an endowment or other life insurance policy from trustees to beneficiary. It includes a template notice to the insurer that the policy has been transferred. The document is straight forward to complete.
This document is not suitable for a transfer for value. Instead, use Deed of assignment: life insurance policy or endowment policy.
Assigning a life policy using this document
For technical legal reasons, all assignments of life policies must be by deed and not by contract. The main practical difference is that a deed requires a witness to the signatures. Unless it is more convenient to do otherwise, the same witness can verify the signatures of both parties.
Document features and contents
The deed of assignment contains the following paragraphs:
- The assignment;
- Undertakings by trustees;
- Form: Notice of Assignment to deliver to the insurer and bank.
This document was written by a solicitor for Net Lawman. It complies with current English law.
What other customers thought
Average customer rating
By Sue Lawrence 03 February 2014
The document was just what I needed. It was very straightforward to complete and the accompanying notes were in very plain speak English and explained things fully. This gave me confidence.The price charged made it very affordable compared with the alternative of professional legal fees.
By Peter Purcell 20 April 2015
he document was very clear and easy to complete/edit.
However it remains to be seen if it was the correct one for the purpose.......this was not apparent without buying the (relatively )expensive review service.
"I have used you in the past and am always impressed!"Diane Bantten (Acquit Debt Recovery)
"Reasonable price. Contained just the layout and info I needed. Saved time in production and of course legal fees."Don Eade
"Simple to use, no silly file format issues that plague the US sites. Well done."AsiaEx Consulting Singapore