1. Assignment of debt (Article 1275 et seq. of the Luxembourg Civil Code).

2. Pledge (Article 116 et seq. of the amended Luxembourg Law of 27 July 1997 on Insurance Policies, and Articles 2071 et seq. of the Luxembourg Civil Code).

3. Assignment of rights (Articles 118 et seq. of the Amended Law of 27 July 1997 on Insurance Policies).

1. Assignment of debt: a legal transaction by which one person (the assignee) undertakes to comply with the instructions of another person (the assignor) towards a third person (the delegatee). 
A triangular transaction consisting in an initiative by the assignor, a commitment by the assignee and an acceptance by the delegatee (or by other parties, such as the insured, if he is not the same person as the subscriber).

2. Pledge: the rights arising under a policy may only be pledged by the policyholder. This type of security consists in the subscriber delivering the policy to the creditor as guarantee for his debt. The policy may only be pledged by an additional clause signed by the policyholder or debtor, the pledgor, and the insurer. 

3. Assignment of rights: the rights arising under an insurance policy may be assigned, in whole or in part, by the policyholder. Total or partial assignment may only be made by means of a tripartite amendment between the insurance company, the policyholder and the secured creditor. There are three types of assignment: transfers of full ownership, transfers up to the sums due, and transfers of all the rights arising under a policy.

1. Assignment of debt (governed by Articles 1336 et seq. of the French Civil Code).

2. Pledge (Article L132-10 of the French Insurance Code and Articles 2355 et seq. of the French Civil Code).

1. Assignment of debt: a legal transaction by which one person (the assignee) undertakes to comply with the instructions of another person (the assignor) towards a third person (the delegatee). 
A triangular transaction consisting in an initiative by the assignor, a commitment by the assignee and an acceptance by the delegatee (or by other parties, such as the insured, if he is not the same person as the subscriber).

2. Pledge: the assignment, as security for a debt, of an intangible asset or a set of intangible assets, present or future. An insurance policy may be pledged either by amendment or by deed subject to the formalities required by Articles 2355 to 2366 of the Civil Code.

1. Assignment of claim
A Luxembourg mechanism, not provided for in Belgian law, but often used in practice. 

2. Pledge (= Charge)
Articles 181 and 182 the Law of 4 April 2014.

3. Assignment of rights 
Articles 183 and 184 of the Law of 2014.

1. Assignment of debt: for a policyholder: right to claim (=  debt of the insurance company) - tripartite agreement. Belgian law does not provide for any formalities.

2. Pledge: Art. 181. The rights resulting from the insurance policy may be pledged;only by the policyholder, to the exclusion of his spouse and his creditors. If accepted, the pledge is subject to the consent of the beneficiary.
Art. 182. A policy may only be pledged by an amendment signed by the policyholder, the pledgor, and the insurer.
A collateral is an endorsement on the insurance policy and therefore the insurance company is party to the agreement. The law applicable to the insurance policy will also be applicable to the charge.

3. Assignment of rights: 
Article 183. The rights resulting from the insurance policy may be assigned in whole or in part by the policyholder. This right of assignment may not be exercised either by his spouse or by his creditors.
Article 184. The transfer of all or part of the rights resulting from the policy may only be made by an amendment signed by the transferor, the transferee and the insurer.
An assignment (transfer) of all or part of the rights is possible, to one or many persons.

1. Assignment of claim (a Luxembourg mechanism, not provided for in Portuguese law but often used in practice).

2. Pledge (penhor - Article 666 of the Portugese Civil Code.

3. Assignment of a right (an assignment of or encumbrance on the rights under Art. 196 of the Portuguese Insurance Law and Art. 577 of the Portuguese Civil Code).

1. Assignment of debt: for a policyholder, this means his right to claim (= a debt of the insurance company) - tripartite agreement.

2. A pledge entitles the creditor to payment of his claim, plus interest if any, with preference over other creditors, by applying the value of a certain movable asset, belonging to the debtor or to a third party. The pledge is an agreement between the policyholder and the bank, so the insurance company only has to be notified.

3. The right to surrender or any other right of the policyholder, the insured or the beneficiary, may be assigned or charged in accordance with the general rules, and must be notified to the life insurance company.

1. Assignment of claim 

2. Charge or Pledge

1. Assignment of debt: legal transaction by which one person (the assignee) undertakes to comply with the instructions of another person (the assignor) towards a third person (the delegatee). It is triangular transaction consisting in an act made by the assignor, a commitment by the assignee, and an acceptance by the delegatee (or by other parties, such as the insured, if he is not the same person as the subscriber).

2. Charge or Pledge: the assignment, as security for an obligation, of an intangible personal asset or a group of intangible personal assets, present or future.