If they surrender, on non-guaranteed terms, they can reasonably expect a surrender value equal in value to the realistic prospective value of their policy. For a with-profit or UWP policy, in addition, they can expect bonuses to be added to the guaranteed benefits consistent with how they were told bonuses would be added. For a unit-linked policy, policyholders expect that their benefits will be calculated as described in the policy conditions although if these conditions are obscure, they might reasonably expect not to be unduly penalised. For example, they might reasonably expect even a fully variable expense charge to be related to the expense experience of the office, and not used to recoup a loss on another line of business. The agreement between European governments to keep their currencies within set bands.
Member states can either choose to be in narrow bands or wider bands.
Failing this, a realignment of the currencies may be needed. See also LPI . The estate for recently established offices might be very small. The calculated value of the estate will be very dependent on the basis and method used to calculate both assets and liabilities. An international bond issued by a company or government, often in a currency other than the currency of the borrower.