A clause that allows the holder of a policy to sell or give the policy to another person or company.
Related information about assignment clause:
- Assignment - Contract Standards
Assignment clause determines whether rights, obligations and duties under an agreement may be transferred in whole in or part to another, and under what ...
- Successors and Assigns - Contract Standards
Alternatively, include elements (1), (2) and (3) in the assignment clause and separately handle (4) in the successors and assigns clause. Comments ...
- What is assignment clause? - BusinessDictionary.com
Definition of assignment clause: Provision in a life insurance policy that allows assignment of insurance to a third party (such as a lender) as a collateral.
- : Assignment Clause : Property Insurance Coverage Law Blog
Sep 6, 2012 ... Most insurance policies have a “consent to assignment clause” that typically provides: “Assignment of interest under this policy shall not bind ...
- Assignment (law) - Wikipedia, the free encyclopedia
A contract may contain a non-assignment clause, which prohibits the assignment of specific rights, or of the entire contract, to another. However, such a clause ...
- What is assignment clause? - InvestorWords.com
Definition of assignment clause: A clause that allows the holder of a policy to sell or give the policy to another person or company.
- What Is an Assignment Clause in a Contract? | Company Activities ...
An assignment clause sets forth whether or not you will be allowed to transfer your rights or obligations under a contract to a third party. For example, if you sign ...
- No-assignment clause - The IT Law Wiki
A no-assignment clause is a provision in a contract that prohibits the assignment of the...