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Pledge of Life Insurance Policy to a Creditor

Pledge of Life Insurance Policy to a Creditor ______________, referred to as DEBTOR, and __________, referred to as CREDITOR, agree: ______________ is indebted to CREDITOR in the amount of $_____(_________________________&___/100 dollars) by virtue of _________________ dated ____________. DEBTOR assigns to CREDITOR the following policy of life insurance: Policy number: _______________________________________ Face amount: $_____(_______________________&____/100 dollars) Amount […]