An AOB gives the third party authority to file a claim, make repair decisions, and collect insurance payments without the involvement of the homeowner. How to fill out the Assignment Policy Form for Life Insurance?1. Identify the policy and the assignee details. 2. The application for life insurance benefits consists of the forms included in this packet, as well as the additional information noted under item 1 below. 1. Enter your property owner's information at the top. Complete, print, and sign this Assignment of benefits form (highlighted fields can be completed online then printed). Once you have found the right loan, you must fill out the collateral assignment form. Your insurer will be able to provide you with this form easily. As a benefit eligible employee of Broward County, you are automatically enrolled in Basic.