IndiaInsurance
7th January 2013, 08:54 AM
A person can transfer his rights, title and interest in a life insurance policy to another by assigning it to him. This is usually done in order to provide security for a loan or secure the financial interest of the other person. After the insurance policy is assigned, the assignee is set to receive the benefits from it.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/how-to-transfer-ones-life-insurance-policy-to-someone-else/articleshow/17899040.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/how-to-transfer-ones-life-insurance-policy-to-someone-else/articleshow/17899040.cms)