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CONTINUING AND COLLATERAL ASSIGNMENT OF LIFE INSURANCE POLICY Virginia VALUE RECEIVED, AND INTENDING TO BE LEGALLY BOUND, I/WE, the undersigned being of legal age, hereby assign, transfer, and set

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What is continuing and collateral assignment?

Continuing and collateral assignment is a legal document that assigns rights to a specific asset or property as collateral for a loan or other obligation.

Who is required to file continuing and collateral assignment?

The party receiving the assignment is typically required to file a continuing and collateral assignment.

How to fill out continuing and collateral assignment?

Continuing and collateral assignment forms can typically be filled out by providing information about the parties involved, the asset or property being assigned, and the terms of the assignment.

What is the purpose of continuing and collateral assignment?

The purpose of continuing and collateral assignment is to provide security for a loan or other obligation by assigning rights to a specific asset or property.

What information must be reported on continuing and collateral assignment?

Information such as the parties involved, the asset or property being assigned, and the terms of the assignment must be reported on a continuing and collateral assignment.

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