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7 When the policy is to be assigned by way of security or mortgage only and not absolutely it is advisable to consult a legal advisor as to form of assignment to be used amount of stamp duty etc. Form No. 3848 p.i. FORM OF ASSIGNMENT OF POLICY FOR VALUABLE CONSIDERATION Absolute Assignment Note THIS FORM SHOULD NOT BE FILLED IN. The wording of the form if found suitable should be copied out either on the back of policy itself or in the alternative on a proper stamp paper of the requisite...
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