Assignment Form Debtor Creditor PDF

Policy Number:
FOR OFFICE USE ONLY
Received Date:
Assignment Form – Debtor Creditor

(To be used only when the Assignee has extended a loan to the
Assignor and the policy is assigned as a Collateral Security for the loan)
Policyholder (i.e. Assignor/Debtor) Contact Details

Landline No. (Residence): 0 *Mobile No.: 0
(Mandatory)
Landline No. (Office): 0 Email ID:
STD Phone
Declaration
(Please read the Instructions/Notices mentioned overleaf before filling up this form)
I/We
(Name of the Assignor) First Name Middle Name Last Name
have read and understood the Instructions/Notices mentioned overleaf and I/We hereby give you notice that
I/We have assigned the above Policy to:
Photograph of
Name of the Creditor:
Assignee
First Name Middle Name Last Name
Status of the Assignee: Bank/Financial Institution Others

Address of Assignee:
City State Pin Code
Landline No. (Residence): *Mobile No.:

(Mandatory)
Landline No. (Office): 0 Email ID:
STD Phone
Occupation:
(Only for Individual Assignee)
Date of Birth:
(Only for Individual Assignee) D D M M Y Y Y Y
Are you a US Citizen or US tax resident Yes No
If Yes, Please provide TIN:
Are you a Political Exposed Person (PEP) Yes No
* PEPs are individuals who are or have been entrusted with prominent public functions, e.g. heads of States or of Governments, senior politicians, senior government/judicial/military officers, senior
executives of state-owned corporations, important political party officials and also immediate family members of the aforesaid persons which would include spouse, children, parents, siblings,
spouse’s parents or siblings or close associates.
Assignor Assignee
Signature of the Assignor  Signature of the Assignee 
Endorsement
I/We
(Name of the Assignor) First Name Middle Name Last Name
as the beneficial owner/s of Policy No. - issued by Bharti AXA Life Insurance Company Limited for the
Sum Assured of ` have assigned the said Policy to the Assignee mentioned hereinbelow:
Name of the Assignee: (Please tick whichever is applicable)

Individual:
Financial Institution/Bank/
Other Entities Financial Institution/Bank Name/Other Entities
Declare GH Form 210 x 297 Front

Type of Assignment:
(Please tick whichever is applicable)
I/We have absolutely assigned the Policy to the Assignee mentioned hereinabove.
OR
I/We have conditionally assigned the Policy to the Assignee mentioned hereinabove, on the condition that the Policy shall
revert to me/us in the event of:
Consideration:
In consideration of the loan amount of ` received, I
son/daughter of
do hereby completely assign my rights and obligations under the above policy to
Signature of the Assignor  Signature of the Assignee 
Name of the Witness:

Address of Witness:
City State Pin Code
Signature of the Witness:
Date: D D M M Y Y Y Y Place:
Vernacular Declaration
DECLARATION* IN CASE THIS ASSIGNMENT FORM IS FILLED BY A PERSON OTHER THAN THE POLICYHOLDER OR SIGNED IN VERNACULAR LANGUAGE:
Declaration by Policyholder:
I hereby declare that the contents in this form have been fully explained to me and I declare that whatever is stated hereinabove has been recorded as per the
information provided by me.
Thumb Impression/Signature of the Policyholder 

Declaration by person filling the form:
I have explained the contents of this form to the Policyholder in language and I have correctly recorded the answer provided to
me. I further declare that the Policyholder has signed/affixed his/her thumb impression in my presence.
Declarant’s Name:
Declarant’s Address:
City State Pin Code
Date of Birth: D D M M Y Y Y Y
Declarant’s Signature:
Date: D D M M Y Y Y Y Place:
*"The person giving this declaration can be any person other than Introducing Advisor or MOA or MOM."
I/we agree that the Company may provide/transfer/retain any information available with the Company related to me/us, obtained in connection with processing of my proposal or the
policy and servicing thereof to any reinsurers, insurance association, medical registrar, statutory authorities/bodies or services providers engaged by the Company for policy servicing
related activities without any further reference to me/us.
I/we agree that the Company may share my/our information with other insurers for the underwriting and claims settlement purposes.
I/we understand that i/we have an option to review and correct the information already provided or not to provide the data or information sought, also, at any time while availing the services
or otherwise, i/we have an option to withdraw my/our consent for sharing of data given earlier, such withdrawal of the consent should be sent in writing to the Company. In the case i/we do
not provide or later on withdraw my/our consent, the Company shall have the option not to provide me/us the services.
Date: Signature of the 

D D M M Y Y Y Y Assignee
Place:
INSTRUCTIONS / NOTICES:
1. All the information is to be filled in BLOCK LETTERS.
2. All fields are mandatory.
3. The term Assignor stands for the current Policyholder, who intends to assign the Policy, whereas the term Assignee stands for the person in whose favour the Policy is to be assigned.
4. This assignment shall not be effectual against the Company unless this Assignment Form is duly completed and delivered, accompanied by the original Policy Bond to the Company.
5. In case of assignment in favour of a financial institution/bank/other entities, the financial institution/bank should affix its stamp and should be countersigned by its authorised signatory.
6. In case of assignment to third party/(ies), other than banks/financial institutions, the Assignor should submit identification proof, residential proof and income proof of such third party.
7. The witness should be a person competent to contract.
8. Transfer or assignment of a policy, whether wholly or in part, in consideration of a loan advanced by the transferee or assignee to the policyholder, shall not cancel the nomination
but shall affect the rights of the nominee only to the extent of the interest of the transferee or assignee, as the case may be, in the policy.
9. The Company is entitled to charge a fee of `50 (for policies issued through electronic mode) & `100 (for other than electronic mode) for granting written acknowledgment of the
receipt of notice of assignment or transfer of policy.
Bharti AXA Life Insurance Company Ltd.

Regd. Office: Unit No. 1904, 19th Floor, Parinee Crescenzo, 'G' Block, Bandra Kurla Complex, BKC Road, Behind MCA Ground, Bandra East, Mumbai -400051, Maharashtra IRDA Regn.
No.: 130. CIN no: U66010MH2005PLC157108. Comp-May-2015-2662AA
Service address: Bharti AXA Life Insurance Company Ltd., Spectrum Tower, 3rd Floor, Malad Link Road, Malad (West), Mumbai - 400064.
1800-102-4444 SMS SERVICE to 56677 We will be in touch within 24 hours to address your query www.bharti-axalife.com
Declare GH Form 210 x 297 Front

Assignment Form Debtor Creditor PDF

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Policy Number:

FOR OFFICE USE ONLY

Assignment Form – Debtor Creditor

Policyholder (i.e. Assignor/Debtor) Contact Details

Status of the Assignee: Bank/Financial Institution Others

City State Pin Code

Landline No. (Residence): *Mobile No.:

Signature of the Assignor  Signature of the Assignee 

Name of the Assignee: (Please tick whichever is applicable)

Declare GH Form 210 x 297 Front

Signature of the Assignor  Signature of the Assignee 

Name of the Witness:

Thumb Impression/Signature of the Policyholder 

Date: Signature of the 

Bharti AXA Life Insurance Company Ltd.

Declare GH Form 210 x 297 Front

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