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Publication

Lending on the Security of Life Policies

Locations

United Kingdom

This practical guide is intended for Lenders making loans on the security of a life assurance policy.

Who should read this?

Lenders making loans on the security of a life assurance policy.

The issues covered include:

  • Types of policy
  • Whether to take a legal assignment or an equitable assignment or charge?
  • Issues where policies are written in trust under Section 11 of the Married Women's Property Act 1882
  • Perfecting the assignment by notice

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