Liability insurance

1. Basic concepts

This Contract of voluntary complex insurance of monetary investment funds and responsibility (further – the Contract) is signed according to rules of international treaties, resolutions of the international organizations, political agreements of the Helsinki Final Act, documents of the Vienna and Copenhagen OSCE meetings and complies with the norms and rules of the 1948 Universal Declaration of Human Rights The 1966 International Covenant on Economic, Social and Cultural Rights, the International Covenant on Civil and Political x Rights of 1966, the European Convention on Human Rights and Fundamental Freedoms of 1950 and also Rules of voluntary responsibility to the third parties and Rules of voluntary insurance at approach of effects of force majeure (further together and everyone – Rules).

Subject of the contract are the property interests of the investor which do not contradict the international legislation and the legislation of the USA and are related with:

• adding by the investor in the form of investment funds of the amounts of money stipulated in this Contract;
• compensation of the aforesaid money in the volumes and terms stipulated in this Contract in case of approach of cases according to which the aforesaid compensation comes;
• responsibility which arises directly after signing of the Contract.

At insurance of investmentfunds according to this Contract cases of loss of all or a part of investment funds as a result are recognized as insurance risks:

Termination of operating of the investment program;

Termination of operating of the investment program owing to the developed economic circumstances which make impossible continuation of investment process;

The terminations of activity of the company for economic reasons;

Impossibility to use the website of the company directly owing to its forced elimination from the Internet for the reasons out of influence of the company.

2. Duties

At a loss occurrence according to this Contract which under the terms of this Contract can be qualified as an insured event, the investor is obliged:

To notify immediately the company by mailing and throughout two working days after approach of an event which can be qualified as an insured event, to provide the companies the texted notice of this event.

Provide the company all necessary information about the account of the investor;

Under no circumstances not to make pledges to the third parties about settlement with the company of similar events which could happen to the third parties.

The investor is obliged to notify the company on other insurance agreements which he signed with other investment companies;

During validity to withdraw the profit added in the form of percentages;

To immediately notify the company on impossibility of withdrawal of funds or the admission of withdrawal of funds over an admissible limit with the indication of the reason;

Meet all conditions of this Contract and the company’s Terms of services.

The company is obliged to acquaint the investor with all conditions for receiving an insurance by him and also with Terms of services;

In case of a loss occurrence to take all necessary measures for performing the necessary qualification actions for providing, in case of positive qualification of an event, timely payment of insurance compensation;

At a loss occurrence to perform payment of insurance compensation to the investor as it should be and in time, provided by this Contract;

Keep in secret all provided data about the investor;

Make other actions provided by this Contract, the International legislation and the legislation of the USA.

The company has the right if necessary to check in all lawful ways the identity of the investor including using databases of the appropriate supervisory authorities;

Demand from the investor of execution of obligations under this Contract, including obligations which are assigned to the investor, but are not executed by it in full within and according to this Contract;

Refuse payment of insurance compensation according to conditions of this Contract;

Do expertize of the documents provided by the investor in case of such need;

Check information provided by the investor in the ways and by methods which the company will select on her owm, but, anyway, - by the lawful ways and methods;

Stop operation of the given Contract according to conditions of this Contract;

Not disclose the reason of a loss occurrence;

Keep a trade secret.

3. Contract validity

In making investment insurance funds for the specified investment plan, this Contract shall enter into force on the date specified in the Contract, but not earlier than the relevant confirmation of entry into force of this Contract was sent to the investor and shall be valid until the end of the term of validity of the investment created by the investor using the specified investment offer in the Application to this Contract;

In case of non-receipt of the insurance payment (investment) in full and within the terms specified in the Application to this Contract, the Contract shall terminate from 00-00 hours following the date specified as the deadline for payment of this particular insurance payment.

The Contract shall terminate in case of:

Termination of the term of the Contract;

Fulfillment by the company of its obligations under this Contract to the investor in full;

Not payment by the investor of investments within the time limits specified by this Contract;

Adoption of a court decision declaring this Contract invalid;

In other cases covered by U.S. law.

This Contract cannot be terminated ahead of schedule.

4. Source of financing of insurance liabilities

This Contract and its obligations are fully secured by Prudential Financial INC.

The guaranteed cover amount of insurance obligations of the company to investors is 175,000,000 USD.

5. Other Terms and Conditions

Both the company and the investor are liable under U.S. and International Law for failure to perform or failure to perform any other obligations under this Contract;

Disputes that may arise between the company and investor shall be settled by negotiation with mandatory observance of the pre-trial settlement procedure;

All calculations and payments are made in USD currency.