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Elect Not to Vote Info

Elect not to vote in favor of Options 1 or 2 — Frequently Asked Questions

Questions:

What will happen if less than 60% of investors vote for Option 1?

   

What will happen if I vote against Option 1 or take no action but 60% or move of all investors vote for Option 1?


 
Election Answers:

What will happen if less than 60% of investors vote for Option 1?

 

In that case, Option 1 will not be implemented. The Funder will stop voluntarily funding premiums and the policies become at immediate risk of lapse for lack of funding. The Funder will take a loss on the premiums that it voluntarily paid.

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What will happen if I vote against Option 1 or take no action but 60% or move of all investors vote for Option 1?

 

You will become an Option 1 investor automatically.

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If you or your advisors have any additional questions, please write to us at the letterhead address or email us at questions@privatesectorfix.info.

 
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