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ASSIGNMENT OF ANNUITY POLICY AS COLLATERAL A. For Value Received the undersigned hereby assigns, transfers, and sets over to of its successors and assigns, (herein called the Assignee) Policy No.
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What is assignment of annuity?
Assignment of annuity is the transfer of ownership rights of an annuity from one party to another.
Who is required to file assignment of annuity?
The party receiving the annuity is required to file assignment of annuity.
How to fill out assignment of annuity?
Assignment of annuity can be filled out by providing details of both the current owner and the new owner of the annuity.
What is the purpose of assignment of annuity?
The purpose of assignment of annuity is to officially transfer the ownership rights of the annuity to a new party.
What information must be reported on assignment of annuity?
The assignment of annuity must include details of the current owner, new owner, annuity contract number, and the effective date of the assignment.
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