Be sure to sign and date the form. Original signatures required (and title, if other than individual).1. Fill in your name and class details. There are two types of life insurance under the FEGLI Program: Basic and Optional. Basic insurance pays out your annual rate of basic pay upon death. Need customer service? Let us know how we can help. How to fill out the Assignment Policy Form for Life Insurance? 1. Identify the policy and the assignee details. 2.