Common Contracts
1 similar Assignment of Life Insurance Policy contracts
ASSIGNMENT OF LIFE INSURANCE POLICYAssignment of Life Insurance Policy • August 29th, 2022
For valuable consideration, receipt and sufficiency whereof is hereby acknowledged, the undersigned (the “Owner”) hereby assigns to MANULIFE BANK OF CANADA (the “Bank”) the life insurance contract described below (the “Policy”) issued by the insurance company described below (the “Insurer”) and all rights and benefits of the Owner thereunder and all moneys which may at any time be or become payable thereunder or in connection therewith or be derived therefrom, including, without limitation of the foregoing, income, bonuses, additions, profits, payments, distributions, withdrawals, proceeds and other increments and any interest thereon together with all moneys otherwise held or accumulated in connection with or for the purposes of the Policy with full and irrevocable power to recover, receive and grant receipts for all or any of such moneys and to surrender, assign and otherwise dispose of or deal with the same and the Policy at its discretion, and to the extent any proceeds of the Policy
