Deed of assignment: life or endowment policy by trustees
- Solicitor approved
- Plain English makes editing easy
- Guidance notes included
- Money back guarantee
About this document
This deed assigns a policy for an endowment or life insurance from trustees to a beneficiary.
It is for use where the receiving party does not pay for the value of the policy (instead use this deed)
For technical legal reasons, all assignments of life policies must be by deed and not by contract.
From a practical point of view, that means 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.
Features and contents
The deed contains the following paragraphs:
- The assignment
- Undertakings by trustees
- Notice of assignment to deliver to the insurer or bank
This document was written by a solicitor for Net Lawman. It complies with current English law.
"I have used you in the past and am always impressed!"Diane Bantten (Acquit Debt Recovery)
"First class . Written in accessible English - consistently to "you" and rendered down to the true essentials. Saved a great deal of time!"Ian Binks
"Simply you are easy to work with and reasonably priced. I could edit the document . This word version was exactly what I was looking for. We were easily able to replace old out of date forms."Brett Wilson