MWP Assignment and Absolute Assignment

Q & A ForumCategory: InsuranceMWP Assignment and Absolute Assignment
sribvb15122001 asked 9 years ago
I understand that policies assigned under mwp act are protected from creditors and court attachments. Whether similar status is given to Ordinary  Absolute Assignment? Kindly clarify
2 Answers
Sreekanth Staff answered 9 years ago
Hi, I believe that 'assigned insurance policies' are free from court attachments and creditors also can not have a claim on them.  
Sreekanth Staff answered 9 years ago
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