This agreement sets out the terms upon which Way Moss Ltd. trading as waymossonline hereinafter called the company deals with individuals and organisations.

1. The company acts as a Principal and only deals with and through authorised and permitted persons under the Financial Services and Market Act 2000 (The Act) .

2. The company does not offer any advice nor does it exercise any judgement on behalf of buyers or sellers.

3. The company shall pay commission to authorised intermediaries as shown on buying and selling contract notes.

4. The purchase offer will be issued subject to contract and to verification of all policy details and subject to release of all earlier assignments and further subject to completion of the prescribed assignment deed prepared by the Company’s solicitor.

5. For the avoidance of doubt for the purpose of giving effect to an assignment of a policy the seller agrees to execute all further documents and assurances as the Company may require in order to give full force to the assignment.

6. Should the seller of a policy become aware of any event or occurrence which may result in a policy sold to the Company becoming void or voidable the seller shall immediately give written notice to the Company and shall remedy the same within 28 days.

7. The Company does not accept responsibility for the non performance of any policy purchased from it nor for any adverse or consequence affecting the purchaser as a result of any transaction but on becoming aware of any event or occurrence which may render a policy void or voidable the Company will immediately give notice to the purchaser and undertake use its best endeavours to assist the buyer in this event.

8. Subject to the foregoing the Company cannot accept any responsibility for the policy becoming void or voidable after the sale by the Company.

9. The assumed maturity value of policies offered for sale are calculated using information on current bonus rates supplied by the issuing office. These figures are offered for the convenience of purchasers and are not guaranteed by the Company.

10. Our lawyers will be responsible for the identification procedures required in connection with the purchase of policies to comply with the provisions of the European Council Directive 91/308/EEC and the UK Money Laundering Regulations 1993 and the Guidance notes for Insurance and Retail Investment Products.