Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Insurance Forums
What is Assignment or Transfer of Insurance Policy?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Mataracy, post: 139949, member: 28733"] It has been established that it is the interest of a person in the subject matter of insurance that is insured. Therefore any assignment or transfer of the policy from one person to another will not be easy since the person to whom the policy is transferred might not have the same interest. Part X sections 60 - 63 of 2003 Insurance Act empowers the policy holder to transfer a policy but with the written consent of the insurer or assurer. The Marine Act 1906 section 50 allows for the free transfer or assignment of Marine policies. In life policies, the 2003 insurance Act allows an underwriter to insert a clause in the policy that allows an insured or assured to transfer or assign his policy and also stipulates that a written notice as to the transfer be made by the insured or assured to the insurer and the insurer or assurer must acknowledge such request. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Insurance Forums
What is Assignment or Transfer of Insurance Policy?
Top