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University of Michigan Law School

1944

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The Assignment Of A Life Insurance Policy, Grover C. Grismore Apr 1944

The Assignment Of A Life Insurance Policy, Grover C. Grismore

Michigan Law Review

There is a great deal of uncertainty and confusion in the decided cases in regard to the effect to be given to the assignment of a life insurance policy. This is unfortunate, since to a large extent life insurance has come to be regarded as an investment medium, and as an asset which can be hypothecated by the insured in times of financial emergency.