Assignment:
Assignment is the transfer of the rights,titles and interest of the policy by the assignor to the assignee. The assignor is the absolute owner of the policy.He/she could be the proposer, the life assured or the absolute assignee. Nomination is automatically cancelled by assignment.
Assignment is the transfer of the rights,titles and interest of the policy by the assignor to the assignee. The assignor is the absolute owner of the policy.He/she could be the proposer, the life assured or the absolute assignee. Nomination is automatically cancelled by assignment.
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