Persons entitled
- The Governor and Company of the Bank of Scotland
Amount secured
All monies due or to become due from the company to the chargee on any account whatsoever
Short particulars
The company as beneficial owner assigned to the bank as continuing security for the payment on demand of the secured liabilities the following policy of insurance. Insurer - cgu life, policy no. - 7035460UU, life assured - patrick joseph bailey, sum assured - £1,000,000, term of cover - three years, date - 31 march 2000 and all sums assured by it and all bonuses and benefits which may arise under it (including sundry conditions, provisions and declarations) and the company's whole right, title and interest present and future in such policy.