REGISTERED GROUP LIFE ASSURANCE PLAN Deed of Succession The purpose of this deed is to replace the existing principal employer (the sponsor) of a group life assurance plan which is Registered with HM Revenue & Customs under the Finance Act 2004. Suitable where the principal employer (the sponsor) and the new sponsor are Limited companies or PLCs or LLPs. Not suitable for a Partnership. The current sponsor is, and the new sponsor must be, the corporate trustee and the scheme administrator. Important notice This document is provided Unum Limited wishes to make Provision of this deed shall not by Unum Limited as an that it does not provide specialist constitute advice of any sort, example of the type of documentation services relating to whether legal or otherwise. We trust wording generally this type of deed. Neither Unum strongly recommend that this thought suitable for the Limited nor its officers or employees wording be referred to your legal above purpose. It is warrant that the deed will be advisers for vetting, tailoring to designed for execution in suitable for the individual your circumstances and the in accordance with circumstances of any client, nor that engrossment. You are English Law. the wording of the deed will be responsible for any legal fees legally effective. you incur. Neither Unum Limited nor any of its affiliates or their respective directors, officers and employees shall be liable for any loss or damage arising out of or in any way connected with the use of the deed whether in its original form or as amended under any law or on any basis whatsoever whether contractual or otherwise, including, without limitation, any direct, indirect, incidental, special or consequential damages (such as loss of business or profits or any other financial loss). Unum Limited do not make any attempt to restrict their liability for death or personal injury caused by Unum Limited’s negligence or for fraud or fraudulent misrepresentation. The law and tax rules in relation to trust deeds are subject to change and as a result the deed may become outdated. However, Unum Limited is under no obligation to notify you of any such changes. There are other draft Trust wordings available to help you on our website at: U032017 Reporting Requirements The Scheme Administrator is responsible for filing the Event Reports, Pension Scheme Return, Accounting for Tax forms and amending Scheme Details to keep them up to date.
REGISTERED GROUP LIFE ASSURANCE PLAN Deed of Succession The purpose of this deed is to replace the existing principal employer (the sponsor) of a group life assurance plan which is Registered with HM Revenue & Customs under the Finance Act 2004. Suitable where the principal employer (the sponsor) and the new sponsor are Limited companies or PLCs or LLPs. Not suitable for a Partnership. The current sponsor is, and the new sponsor must be, the corporate trustee and the scheme administrator. Important notice This document is provided by Unum Limited as an example of the type of trust wording generally thought suitable for the above purpose. It is designed for execution in the in accordance with English Law. Unum Limited wishes to make that it does not provide specialist documentation services relating to this type of deed. Neither Unum Limited nor its officers or employees warrant that the deed will be suitable for the individual circumstances of any client, nor that the wording of the deed will be legally effective. Provision of this deed shall not constitute advice of any sort, whether legal or otherwise. We strongly recommend that this wording be referred to your legal advisers for vetting, tailoring to your circumstances and engrossment. You are responsible for any legal fees you incur. Neither Unum Limited nor any of its affiliates or their respective directors, officers and employees shall be liable for any loss or damage arising out of or in any way connected with the use of the deed whether in its original form or as amended under any law or on any basis whatsoever whether contractual or otherwise, including, without limitation, any direct, indirect, incidental, special or consequential damages (such as loss of business or profits or any other financial loss). Unum Limited do not make any attempt to restrict their liability for death or personal injury caused by Unum Limited’s negligence or for fraud or fraudulent misrepresentation. The law and tax rules in relation to trust deeds are subject to change and as a result the deed may become outdated. However, Unum Limited is under no obligation to notify you of any such changes. There are other draft Trust wordings available to help you on our website at: U032017 Reporting Requirements The Scheme Administrator is responsible for filing the Event Reports, Pension Scheme Return, Accounting for Tax forms and amending Scheme Details to keep them up to date.
REG-DEED-Succession-LTD-032017.docx