The term Insurance Assignment refers to the transfer of ownership from the Policy Owner (Assignor) to another person (or institution aka Assignee). The Assignee will now have control of the insurance ...

Using your life insurance policy as collateral is one way of securing a loan without the risk of using your home or car. Most loans are either secured or unsecured, and while an unsecured loan does ...

In Florida and other states, a post-loss assignment of insurance benefits (or AOB) has become commonplace and a hot-topic issue. The typical scenario is that after suffering a loss, the insured ...

A life insurance policy is considered to be an inflexible product which binds the policyholder to certain terms and conditions for the whole tenure of the policy. The reason for such a rigid condition ...

Parties to a contract generally can include in their agreement a provision preventing assignment of the agreement’s rights and remedies without the consent of both parties. Because a party’s ...

Carriage Services, Inc. has announced an expanded partnership with Express Funeral Funding (EFF), aimed at enhancing their offerings in insurance assignment funding. This collaboration will leverage ...