Terms to Transfer an MWR Life Account

Although an MWR Life business is a privately owned, independently operated business, the sale, transfer orassignment of an MWR Life business is subject to certain limitations. If an Independent Lifestyle Consultant wishes to sell their MWR Life business, the following criteria must be met:

A. The new owner must be an existing Lifestyle Consultant, otherwise they will be required to enroll as one;

B. Protection of the existing line of sponsorship must always be maintained so that the MWR Life businesscontinues to be operated in that line of sponsorship;

C. There is a $495 administrative transfer fee;

D. Before the sale, transfer, or assignment can be finalized and approved by MWR Life, any debt/obligations the selling Independent Lifestyle Consultant has with MWR Life must be satisfied; and

E. The selling Independent Lifestyle Consultant must be in good standing and not in violation of any of the terms of the Agreement in order to be eligible to sell, transfer, or assign an MWR Life business.

Prior to selling an MWR Life business, the selling Independent Lifestyle Consultant must notify MWR Life’s Compliance department of their intent to sell the MWR Life business. No changes in line of sponsorship can result from the sale or transfer of an MWR Life business. An Independent Lifestyle Consultant may not sell,transfer, or assign portions of their business—the position must be sold in its entirety.

This information can be found in https://www.mwrlife.com/content/PoliciesAndProcedures.pdf, under section 5.13.

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The transfer form can be found attached to this article. To process a transfer we also need:

1, picture ID of the owner of the account to be transferred.

2, picture ID of the new owner of the account.

3, picture of the card that will be used to make the transfer payment (only showing the last 4 digits, and masking or covering the first 12).