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Assignment of Life Insurance Policy as Collateral
Transfer a life insurance policy to a lender as collateral for a loan with this Assignment of Life Insurance Policy form.
- The lender has the sole right to collect any proceeds payable under the policy.
- The lender is at liberty to surrender the policy and receive any distributions, dividends or surplus.
- The assignor retains the right to collect disability benefits, designate or change beneficiaries, and elect for optional settlement.
- The Assignment of Life Insurance Policy form is a generic legal template that makes no specific references to the laws of any country.
$12.49 $9.99
Notice of Interest in Collateral | Canada
Give notice of your security interest in a debtor's collateral with this Notice of Interest in Collateral template for Canadian lenders.
- The Notice must be given by a lender or other secured party to any other person or firm which has a security interest in the same collateral.
- This form can be used in any province or territory of Canada which has a Personal Property Security Act.
- Available in MS Word format.
$2.29
Renunciation of Rights in Collateral | Canada
Renounce your rights in assets you used as collateral for a loan with this Renunciation of Rights in Collateral form, for use in Canada.
- The Notice is given by a defaulting debtor to the lender who has a security interest in the assets..
- The debtor renounces all rights it has in the collateral, and turns the collateral over to the lender, as secured party.
- This form can be used in any Canadian province or territory.
- The Canada Renunciation of Rights in Collateral template is a downloadable Microsoft Word document.
$2.29