We have partnered with a prominent Australian family office which has committed to funding the growth of iExtend.
The legal framework is an assignment by the policy owner of the relevant interest in the policy in consideration for payment of the whole of the premium payable on the relevant interest.
The mechanics involve a recognition that the policy owner retains their original beneficial interest in the remainder of the policy. The mechanics also involve an agreement for the policy ownership to be registered to iExtend.
