Assignment of Life Insurance
If the current owner of life insurance wants to assign ownership of coverage, then the current owner and the new owner must complete and sign this form. Check the policy or certificate to determine what types of assignments are allowed.
The completed form must be sent to the insurer for approval, along with copies of all enrollment forms or applications, beneficiary designations and past assignments.
| Form for Association Group Term Life | Form Number |
|---|---|
Absolute Assignment form for group life policies issued by ReliaStar Life Insurance Company | 14294k (114865) |
47717a (116372) |
| Form for Individual YRT and Individual TriTerm | Form Number |
|---|---|
125691 (1/03) | |
Collateral Assignment | TBD |
Release of Collateral Assignment | TBD |
Employee Benefits insurance products and services in the U.S. are provided by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the ING family of companies. Product availability and specific provisions may vary by state. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues.
Ad Log #8623
