General Disclaimer

This website is owned and operated by SuSu Exclusive Membership LLC (“SuSuXL”). By accessing and using this website, you agree to be bound by the following terms and conditions and all applicable laws. IF YOU DO NOT AGREE TO BE BOUND BY THE TERMS AND CONDITIONS, YOU ARE NOT AUTHORIZED TO ACCESS OR USE THIS WEBSITE.

The information contained herein is designed to be as comprehensive and factual as possible.  SuSu Exclusive Membership reserves the right to make changes, at any time and without notice, to the content on this site. The documents and information available on this web site are provided as a service only and are not the official versions of SuSuXL's disclosure documents. There is no guarantee with respect to the accuracy, timeliness or completeness of any information or document on this web site. The documents and information contained on this web site may not always be the most current source for company information.

The information contained on this web site is not intended to provide specific financial or legal advice to any particular person. People should contact a professional for advice on any potential financial decision. Absolutely no information contained on this web site should be construed as taking the place of your financial or leagal professional. Potential members should obtain their own professional advice prior to any purchasing of packages.

Product Information

Product information provided on this web site is intended for use by members only, virtual and where ever disseminated across borders. The dissemination of this information may be subject to different regulatory requirements in other countries. This information is available to the public for educational purposes only; it should not be used for giving advice or the making of a recommendation. This information should not be relied upon as the basis or otherwise for any decision or course of action and is not intended to substitute for consultation with a licensed financial provider. SuSu Exclusive Membership cannot answer unsolicited emails requesting personal financial advice; please consult your financial professional and provider.

The information contained and broadcast on the website may contain direct or indirect references to SuSuXL Membership products, programs and services which are not proposed or available in certain countries or regions and which may be subject to different regulations and conditions of use according to the country. Such references do not imply any intention on the part of SuSuXL to sell these products, programs or services in your country. Please consult a local recruiter or  partner for any information concerning the products, programs and services which are available in your region/country.

Limitation of Liability

UNDER NO CIRCUMSTANCES SHALL SuSuXL”, INCLUDING ITS EMPLOYEES, OFFICERS, DIRECTORS, SHAREHOLDERS, RECRUITERS, CONSULTANTS, CONTRACTORS OR LICENSORS, BE LIABLE FOR ANY DAMAGES IN LAW OR IN EQUITY, INCLUDING WITHOUT LIMITATION DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES THAT RESULT FROM THE USE OF, OR INABILITY TO USE, THE SITE OR FROM INFORMATION PROVIDED ON THE SITE OR FROM ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT OR DESTRUCTION OR UNAUTHORIZED ACCESS TO, ALTERATION OF, OR USE OF RECORD, AND THE RISK OF ANY INJURY FROM THE FOREGOING RESTS ENTIRELY WITH YOU. THIS LIMITATION APPLIES WHETHER THE ALLEGED LIABILITY IS BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY OR ANY OTHER BASIS INCLUDING ANY DEFAMATORY, OFFENSIVE OR ILLEGAL CONDUCT OF OTHER USERS OR THIRD PARTIES, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE BECAUSE SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES. OUR LIABILITY IN SUCH JURISDICTIONS SHALL BE LIMITED TO THE EXTENT PERMITTED BY LAW.

Restricted Guarantee

You agree that you understand: (i) all use of materials provided is used at your own risk and SuSu Exclusive Membership cannot assume any liability and cannot provide any guarantee because the control of the items (i.e. Dues, Maintenance and Participation {momies}) are provided by you.   (ii) In addition, measures are to be taken to ensure the optimal results. (iii) The possession of only one (1) SuSu Exclusive Membership (trueLife Accord) is needed to ensure minimal benefit.

Product Price

All packages are sold at face value. If there is a tax liability on benefits received for your region, said responsibility is yours to assume. Potential Members should seek independent information and advice from qualified professionals prior to purchasing any packages from the shop cart to join the club.

Nothing on this website shall be construed as financial or legal advice from SuSu Exclusive Membership LLC.

Laws

By accessing this website, you and SuSuXL” agree that all matters relating to your purchase on, or use of, this website shall be governed by the statutes and laws of IOM, without regard to the conflicts of laws and principles thereof. You and SuSuXL” also agree and hereby submit to the exclusive personal jurisdiction and venue of the courts of the Countries of IOM and/or any other jurisdiction with respect to such matters that may need to address.  SuSu Exclusive Membership LLC makes no representation that materials on this website or products are appropriately standardized or available for use in other locations, and accessing them from territories where their contents are used for the appropriateness or its prohibition. Those who choose to access this web site or order the membership packages for use or benefits are doing so at their own accord and are responsible for compliance with local laws.

Survival

The terms and conditions apply while you are accessing the website and use our products and remain in effect indefinitely thereafter.

FEBRUARY 28, 2020

Re: Legal Opinion on the web site program https://www.susuxl.com and its application on the 3Ws for marketing and legal ramifications.

To whom it may concern:

Thank you for your letter of February 25, 2020 requesting that I provide a legal opinion on the susuxl.com website.

After going through the site, I felt that three (3) questions must be answered in order to prove reliability.

1.  Does The program provide some sort of guarantee to purchasers?

2. Is the undertaking legal in different Jurisdictions and can it accommodate consumer safety?

3.  Is it licensed to conduct business in a brick and mortar settings for local access.

Below are my responses pursuant to challenging questions of membership and viability.

This letter does not establish a guideline, criterion, bulletin, manual, instruction, order, standard of general application, rule, or regulation, as those terms are described in Sections regulating the conformed arrangements set forth within these documents.

I.    Interpretation:

The starting point of the analysis is the language of the statute.  A statute must be read as a whole, its parts in the context of the entire statute.  If, based on these principles of statutory construction, the language is clear, there is no need to look beyond the statute to its legislative history.

FEBRUARY 28, 2020

Re: Legal Opinion on the web site program https://www.susuxl.com and its application on the 3Ws for marketing and legal ramifications.

There are no restrictions and limitations to virtual contracts between entities for cross jurisdictional use in Monaco, IOM or any other country relating to the governance of a private membership program. The principle is selling a package that is for private interactions in and between members which is presented as programs. The program purchaser is rewarded and in this Membership instance, the maturity of the agreed upon program net worth is rewarded. It is apparent that the risk factor is in favor of the member; but, the contributory aspect of the shopcart is for the use of some sort of proprietary endeavor of sorts  to reach such maturity returns.

The purpose of this analysis is not to give financial advice on investment undertakings; however, the surety bond guarantee is a level of security that provide a level of sophistication that would provide piece of mind.

The SuSu Exclusive Membership LLC packages being marketed are for an advantage being offered to members of a private club.  The surety bond policy addresses the measure of indemnity under a contracted SuSuXL policy (TrueLife). Subsection (3) defines replacement cost and spells out the process by which a purchaser recovers defaulted agreements:

Under an open policy (surety bond) that requires payment of the defaulted cost for a loss, the measure of indemnity is the amount that it would cost the member reparation or replace the thing lost, without deduction for depreciation, or the policy limit, whichever is less. 

If the policy requires the surety to repair, or fully replace the cost to members; the surety bond shall pay the actual cash value of the purchased price of the package, as defined in the susuxl.com website and receipt supplied upon purchase. Once the defaulted account is paid, the company shall pay the actual cash value payment made and the full replacement cost reasonably paid to replace the default account up to the limits stated in the sold package agreement.

Subsection (3), to which the surety agreement refers, addresses replacement cost where a purchaser can initiate a claim to replace loss payments

II.     Discussion:

Question 1:  Does replacement cost surety provide coverage if a Purchaser decides to buy more than 1 package?

Answer:  Yes.

Section.4 requires that replacement cost coverage allow for the compensation of defaulted program.

Nothing in the definition of “replace” requires a specific package to prequalify for cost default replacement except for the minimum of claims relative to fees. However, the fees does not stipulate whether the SuSu Exclusive Membership company will pay the fees to the purchaser.

The use of the separate words “surety”,  “replace” “guarantee” and “defaulted” establishes that a purchaser will be made whole regardless of the circumstances arising from the outcome of the transaction.

Question 2:  If a purchaser buys from different packages, are any and all the packages covered under the surety bond as a separate unit collectively or individually?

Answer:  Yes.

We understand that some contend that the phrase “replacement cost” as used in the specific term “replacement cost” used in certain policies.  In the nomenclature of the policies, “replacement cost” is distinguished from “extended replacement cost,” which covers replacement up to the dollar limit of the surety policy contract which should include a percentage on the purchase price reflecting the market rates; However, no mention of interest payments are acknowledged for the lower priced packages and “guaranteed replacement cost,” which covers replacement regardless of total cost. In insurance policies, Code recognizes that there are several types of replacement cost insurance:

“Guaranteed replacement cost coverage with full reimbursement,” and “guaranteed replacement cost coverage with limited disbursement,” “limited replacement cost coverage with an additional percentage,” and “limited replacement cost coverage with no additional percentage.”  “Replacement cost” as used is not limited to “replacement cost” in distinction from “extended” or “guaranteed” replacement cost.  Such an interpretation would limit “replacement cost” as used to “limited replacement cost coverage with no additional percentage.” This surety bond contract does not support such a limitation.  The purpose of that section is to ensure that a purchaser is not penalized for replacing a default package.  Thus, if a policy provides for extended or guaranteed replacement cost, the full scope of extended or guaranteed replacement cost coverage is available whether the purchaser buys a small or a large package at cost. Any other option would deprive the purchaser of the benefit of his or her guarantee with the company.  A purchaser with a guaranteed replacement cost policy paid premiums for the guaranteed portion of coverage.  Eliminating the guaranteed portion of coverage if a purchaser chose to replace or collect on a default would work as a forfeiture on the purchaser and penalize him or her for exercising that right to place a full claim.

Question 3:  If a purchaser buys a package and at the time of maturity, purchaser elect to put a claim with the surety bond provider; can the purchaser claim the payout amount due on maturity?

Answer:  No.

This question is best answered by a hypothetical.  Assume that the purchaser has a replacement cost policy with three items on three different receipts bought at different times totaling $300,000.  The first receipt is defaulted.  Assume that the cost to replace the first item is $100,000.  Rather than wait for all items to reach maturity, by virtue of a claim for the first item, the other ticket items from other receipts should be qualified for a claim simultaneously (the disclosure on the website does not stipulate a solution for this scenario as explained above, subsections (3), (6) and (7) of the surety bond disclosed be read together.  Section (3) sets forth the mechanism by which the surety bond issuer makes payment to an obligee when a default occur.

First, the company pays the purchaser “actual cash purchase price of the package value” of the defaulted item; then the issue and challenges of collective packages that should be itemized as perceived defaults even though such defaults have not yet taken place. However,  if a challenge for a non-defaulted item take place, and the surety pay off such an item, said challenge and payment would release the seller of it commitments to the obligee.

Second, section six (6) of the surety bond stipulate the two million euros that is dedicated for as an insurance policy for defaulted items; this monetary guarantee appears to have a renewable aspect that would allow for the itemized payoff to recalculate once collected and satisfied. Given the structure of the document disclosed, the three parties engaged in the agreement have a continued relationship where the obligation would free up obligees as maturities and defaults  builds up.

Third, section seven (7) indicates the time frame for filing a claim with the surety bond.  And, section eight (8) addresses the multiple claims issues.

lll.    Summary:

To summarize and conclude, the triangular circumstances that may remain in a relationship between the parties involved will end after the maturity of the last item sold from the website which is five (5) years. There will be relevant questions and the resolution for these issues must be handled by the respective parties privately.  The cost replacement structure established that may cause the issues to be raised as they come up and the surety bond should take a meaningful stance on resolving the loop whole that may create a voluminous example for potential claims to arise.

Very truly yours,

P. Eberhardt

Counsel