PIN A4.4.4

Where an asset has been explicitly, unconditionally and irrevocably guaranteed for its remaining term, by a guarantor with a rating of 'A' or better who is not Related to the Insurer, the Insurer may at its option use, in place of the relevant percentage in the table in Rules A4.4.1(a) or A4.4.1(b), the percentage in those tables that would apply to a debt due from the guarantor.