Common use of Transferring the Legal Right of the Policy Clause in Contracts

Transferring the Legal Right of the Policy. If You write to Us and We agree to the transfer, You can transfer (assign) this policy to another person. When We do so, You may not make any further transfer until the previous transfer has been properly cancelled by the Assignee. We will not be responsible for the validity of any transfer of policy.

Transferring the Legal Right of the Policy. If You write to Us and We agree to the transfer, You can transfer (assign) this policy to another person. When We do so, You may not make any further transfer until the previous transfer has been properly cancelled by the Assignee. The assignment shall be governed under the Policies of Assurance Act (Chapter 392). We will not be responsible for the validity of any transfer of policy.