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)
"I found using Netlawmans website very helpful and user friendly. When sourcing legal documents to assist our business needs, I found it very quick and informative. The whole process was completed within minutes."Oi! Business Telecoms Ltd.
"Very comprehensive and easy to read documents. Highly recommend."Steadfast Building Services