Collateral Creditor (assignee)

Definition of "Collateral creditor (assignee)"

Randy  Crowe & Amber Jones real estate agent
Randy Crowe & Amber Jones, Real Estate Agent Crye-Leike Realtors

Individual to whom rights to a benefit are assigned. A life insurance policy is assigned by the collateral borrower (assignor) to the collateral creditor (assignee) as security for a loan.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions