Sun FlexiLink

Make a bright choice with Sun FlexiLink, an investment-linked life insurance product that primarily helps address your need for:

Sun FlexiLink lets you enjoy these benefits:

LIFE INSURANCE COVERAGE
This is equivalent to the Face Amount plus the Fund Value, or 500% of the annual regular premium plus 125% of excess
premiums (if any), less 125% of partial withdrawals made (if any), whichever is higher.

The addition of supplements or riders may also provide protection for contingencies such as accidents, disability and
illnesses.

SUITABLE INVESTMENT OPTIONS

Maximize your money's worth by choosing among the investment fund options that best suit your investment
objectives and risk appetite. Plus, take advantage of Sun Life's professional fund managers' investment experience and
expertise.

FUNDS FOR FUTURE NEEDS

Build funds for a comfortable retirement, an important life milestone, or for your child's education. In case of an
emergency, money comes in handy via a partial fund withdrawal.

MANAGEABLE PREMIUM PAYMENTS

You may opt to increase your fund's value anytime through top-ups or excess payments on top of your regular
premium.
Note: Benefits indicated above are subject to the specific guidelines set by Sun Life and the actual provisions of the insurance
policy contract.

PRIMARY BENEFITS (BASIC PLAN)

FACE AMOUNT 250,000.00
INITIAL LIFE INSURANCE COVERAGE 1 251,234.00
1 Initial
Life Insurance Coverage refers to the death benefit at the end of Month 1 based on
current charges.

DEATH BENEFIT2 LIVING BENEFIT2 FUND ALLOCATION

2The values above are computed based on 8% projected return which is subject to change and is not guaranteed by Sun Life. Projected values are net of
Index
all current charges.

This is for information purposes only and is not a contract of insurance. For more information on the above benefits and additional details, please refer to the product proposal attached herein.
 Variable Life Insurance Proposal
In the Philippines, insurance products are being offered through Sun Life of Canada (Philippines), Inc., a member of the Sun Life
Financial group of companies. In this proposal, you and your refer to the policy owner while we, us, our and the Company refer to
Sun Life of Canada (Philippines), Inc.
Proposal Information
On the Life of :      Daisy Valenciano Age Last Birthday :      43 (Female)
Currency :       Philippine Peso
Basic Plan Benefit Amount Regular Premium
Sun FlexiLink - Smoker Ps 250,000.00 Ps 8,545.00
Additional Benefits
 
 
 
Class: Standard Total Annual Regular Premium Ps 8,545.00
Annual Excess Premium (to be Billed Regularly) Ps 0.00
Total Annual Premium (to be Billed Regularly) Ps 8,545.00
Total Quarterly Premium to be Billed Ps 2,136.25
Excess Premium (One-time) Ps 0.00
Sun FlexiLink is a variable life insurance product payable until age 88. The living benefit is equal to the fund value, which is
partially or fully withdrawable from the policy's share in the separate account(s). The death benefit is the higher of the sum of the
face amount and the fund value or the minimum death benefit. The minimum death benefit is equal to 500% of the regular
premium plus 125% of each paid excess premium, if any, less 125% of each partial withdrawal, if any. No other benefits are
payable under this product.
As the policy is a variable contract, only the value of the face amount which forms part of the death benefit, as the case may be, is
guaranteed, while the fund value, will depend on the investment experience of separate account(s) linked to the policy.
The investment risks associated with this product are borne solely by the policy owner.
If you decide the policy is not suitable for your needs, then you may return said documents for cancellation by giving us written
notice. We must receive such notice within 15 days from the date you receive the policy. If you opted for an electronic policy
contract, we must receive such notice not later than 20 days from the date the policy was electronically transmitted to you. We will
refund the fund value of the units allocated to your policy inclusive of the initial charges.
Notes:
(i) All payments and benefits shown are in Philippine pesos.
(ii) The illustrations assume that all premiums are paid in full when due and as planned , you will have no withdrawals on the policy beyond those
illustrated, mode of payment is annual and the current scale of charges remains unchanged.
(iii) The Company reserves the right to adjust the basic and rider premium, and any charges in this plan.
(iv) The above values are illustrations only of the key features of the recommended insurance plans. This illustration may differ from any earlier
proposal illustration.
(v) The values in the succeeding pages are illustration of possible performance of your fund. Since the fund performance may vary, the values of your
units are not guaranteed and will depend on the actual investment performance at that given period. The value of the policy could be less than the
premiums paid.
(vi) Any excess premium you have paid is considered such only if the Annual Regular Premium has been fully paid. The Company may require evidence
of insurability of the Life Insured with respect to payment of any excess premium.

This proposal shall form part of the insurance contract once the policy is issued. A copy of this proposal and the policy contract will be delivered to you.

While we have made every effort to ensure accuracy, errors and omissions may have occurred in the preparation of this proposal.

Should there be any discrepancy between the statement(s) contained in this material and the insurance policy contract, the provisions of the insurance policy
contract will prevail.

Prepared By :      RAVANCHO, MARICAR P. Date :      25 September 2019

Branch :      HEATHER    
This is only an illustration.
4.3 / 1.3 113622O250920191911168260062 Page 1 of 8
 Daisy Valenciano 43 (Female)
Sun FlexiLink - Smoker  
Face Amount: Ps 250,000.00 Total Premium to be Billed : Ps 8,545.00

Fund Allocation
100% Index Fund

Investment Fund Description

Balanced Fund
The Fund is designed to provide optimum returns consisting of current income and capital growth through investment in a mix of fixed-income and equity
instruments.
Bond Fund
The Fund is designed to stay invested only in high-quality fixed income instruments that are classified as below average risk.
Equity Fund
The fund is designed to produce long term capital appreciation through investment in high quality stocks that are diversified across sectors.
Money Market Fund (available only for fund switching/transfers)
The fund is designed to ensure capital protection and provide adequate liquidity while maximizing yields on short-term placements.
MyFuture Fund
The fund is a target date fund that will invest primarily in high-quality stocks and a mix of government and domestic corporate debt in accordance with an
asset allocation strategy that will become increasingly conservative as the maturity of the fund approaches.
Growth PLUS Fund
The fund is designed mainly to generate long-term capital appreciation through investment in high-quality equity and equity-linked securities, diversified
across sectors, which distribute periodic dividends and provide sustainable dividend yields.
Index Fund
The Fund is designed mainly to generate long-term capital appreciation through investment in high-quality equities comprised of constituents of the
Philippine Stock Exchange Index (PSEi).
Captains Fund
The Fund is designed mainly to generate long-term capital appreciation primarily through investment in equity and equity-linked securities diversified across
sectors.
Opportunity Tracker Fund
The Fund is designed to provide optimum returns consisting of current income and capital growth through investment in a mix of fixed-income and equity
instruments.

This is only an illustration.

4.3 / 1.3 113622O250920191911168260062 Page 2 of 8
 Daisy Valenciano 43 (Female)
Sun FlexiLink - Smoker  
Face Amount: Ps 250,000.00 Total Premium to be Billed : Ps 8,545.00

Historical Investment Performance of Investment Funds of Sun Life's Variable Life Insurance Products
Year-on-Year Return
Compounded
3-Year 5-Year 10-Year
Annual Growth
Fund Name 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- Return Return Return
Rate (for
(Fund Launch Date) 09 10 11 12 13 14 15 16 17 18 (2018 vs (2018 vs (2018 vs
completed
2015) 2013) 2008)
calendar years)
Peso Balanced
27.03% 26.92% 1.95% 23.20% 1.14% 11.81% -3.75% -2.74% 12.70% -9.89% 8.23% -1.22% 6.31% 117.73%
(Dec. 6, 2004)
Peso Bond
6.11% 10.69% 6.90% 6.56% 8.25% 0.16% -0.96% -0.90% 0.71% -5.32% 4.49% -5.50% -6.27% 35.75%
(Sep. 13, 2004)
Peso Equity
47.10% 36.98% 1.34% 30.97% 1.31% 19.73% -5.02% -1.78% 20.94% -9.46% 10.86% 7.54% 22.30% 231.39%
(Sep. 13, 2004)
Peso Money Market
1.49% 1.03% 0.50% 0.66% -0.34% -0.37% 0.10% -0.06% 0.60% 1.56% 0.67% 2.11% 1.83% 5.26%
(Jun. 25, 2007)
MyFuture 2020
34.12% 33.77% 1.84% 31.37% 2.88% 16.74% -4.10% -2.64% 9.01% -3.94% 10.92% 1.94% 14.13% 181.87%
(Jun. 7, 2008)
MyFuture 2025
32.88% 33.56% 2.25% 31.15% 2.97% 18.15% -5.51% -2.42% 14.71% -8.07% 10.91% 2.90% 14.87% 181.53%
(Jun. 7, 2008)
MyFuture 2030
36.04% 34.36% 1.61% 30.93% 2.10% 20.58% -5.05% -2.68% 16.78% -11.79% 11.04% 0.25% 14.76% 184.93%
(Jun. 7, 2008)
MyFuture 2035
36.48% 34.98% 1.71% 30.93% 3.31% 20.55% -4.86% -2.08% 17.67% -12.95% 11.30% 0.31% 15.04% 191.59%
(Jun. 7, 2008)
MyFuture 2040
37.44% 34.21% 1.94% 30.96% 3.14% 20.36% -4.79% -2.04% 20.54% -13.12% 11.56% 2.60% 17.58% 198.61%
(Jun. 7, 2008)
Growth PLUS
N/A N/A N/A N/A N/A N/A -12.09%* -2.81% 21.42% -15.18% 0.03% 0.09% N/A N/A
(Apr. 8, 2015)
Index
N/A N/A N/A N/A N/A N/A N/A 1.71%* 23.64% -13.52% 3.40% N/A N/A N/A
(Jan. 25, 2016)
Captains
N/A N/A N/A N/A N/A N/A N/A -6.56%* 14.24% -14.60% -1.23% N/A N/A N/A
(Apr. 18, 2016)
Opportunity Tracker
N/A N/A N/A N/A N/A N/A N/A N/A -0.46%* -12.14% -12.14% N/A N/A N/A
(Oct. 9, 2017)
* Returns are from Fund inception date and not full year returns.

The values above are actual investment returns of Investment Funds of variable life insurance products, net of fund management charges. Past investment
performance is not necessarily indicative of the future or likely performance of the funds.
The Unit Price of an Investment Fund on a Valuation Date is determined by dividing the net asset value of the Investment Fund on the Valuation Date by the
aggregate number of outstanding Units of the Investment Fund on the Valuation Date. Currently, Valuation is done on a daily basis.
The Unit Prices of the Investment Funds are published weekly on major newspapers. You may also visit our website at www.sunlife.com.ph for the daily Unit
Prices.

Certified true and correct:

Michael Gerard D. Enriquez

Chief Investment Officer

This is only an illustration.

4.3 / 1.3 113622O250920191911168260062 Page 3 of 8
 Daisy Valenciano 43 (Female)
Sun FlexiLink - Smoker  
Face Amount: Ps 250,000.00 Total Premium to be Billed : Ps 8,545.00

Illustration of Benefits - Index Fund (100%)

It is assumed in the table below that the regular premiums are paid in full throughout the duration of the contract.

The values illustrated below are not guaranteed. The investment returns used are for illustrative purposes and are not based on past
performance with respect to the fund where your policy is linked. The returns are likely to change during the investment period.
Also, the assumed returns do not represent the upper and lower limits of the actual return that may be realized. Values are
calculated assuming the fund is earning 4%*, 8%* and 10%*. It is assumed that the mode of payment is annual. If mode of
payment is other than annual, values shown may change.

PROJECTED BENEFITS
End Attained Premiums   Fund Value   Death Benefit
of Age Paid Charges**   4% 8% 10%   4% 8% 10%
Year              
 
1 44 8,545 7,932 649 685 703 250,649 250,685 250,703
2 45 8,545 5,436 3,994 4,272 4,413 253,994 254,272 254,413
3 46 8,545 3,376 9,574 10,287 10,653 259,574 260,287 260,653
4 47 8,545 1,748 17,032 18,467 19,217 267,032 268,467 269,217
5 48 8,545 1,839 24,689 27,192 28,521 274,689 277,192 278,521
6 49 8,545 1,515 32,974 36,936 39,076 282,974 286,936 289,076
7 50 8,545 1,622 41,473 47,330 50,550 291,473 297,330 300,550
8 51 8,545 1,735 50,188 58,419 63,026 300,188 308,419 313,026
9 52 8,545 1,863 59,111 70,241 76,587 309,111 320,241 326,587
10 53 8,545 2,006 69,225 83,974 92,544 319,225 333,974 342,544
11 54 8,545 1,720 79,044 97,958 109,161 329,044 347,958 359,161
12 55 8,545 1,841 89,122 112,909 127,275 339,122 362,909 377,275
13 56 8,545 1,921 99,511 128,944 147,075 349,511 378,944 397,075
14 57 8,545 1,955 110,270 146,198 168,774 360,270 396,198 418,774
15 58 8,545 1,959 123,407 167,301 195,431 373,407 417,301 445,431
16 59 8,545 1,968 135,084 187,539 221,844 385,084 437,539 471,844
17 60 8,545 1,995 147,188 209,330 250,810 397,188 459,330 500,810
18 61 8,545 2,023 159,736 232,796 282,579 409,736 482,796 532,579
19 62 8,545 2,205 172,586 257,905 317,262 422,586 507,905 567,262
20 63 8,545 2,660 188,617 289,014 360,295 438,617 539,014 610,295
21 64 8,545 3,186 201,591 317,495 401,542 451,591 567,495 651,542
22 65 8,545 3,596 214,651 347,775 446,389 464,651 597,775 696,389
23 66 8,545 3,914 227,896 380,090 495,286 477,896 630,090 745,286
24 67 8,545 4,160 241,406 414,674 548,703 491,406 664,674 798,703
25 68 8,545 4,338 259,758 459,145 616,688 509,758 709,145 866,688
*The investment returns used are net of the fund management charge of 2.00% (plus VAT) of the fund value.
** Charges are based on a 4% investment return.
The projected values are net of: (a) premium charges of 85% of annual regular premium on the first policy year and 5% of annual regular
premium from the second to the tenth year, all excess premiums shall be subject to a premium charge of 5%; (b) monthly periodic charge of
50% of the annual regular premium on the second year, 25% on the third year and 5% on the fourth and fifth year and monthly insurance
charges; and (c) a fund management charge of 2.00% (plus VAT) of the fund value. The figures shown above are net of all charges. The
monthly charges are deducted from the fund. No premium charge and monthly periodic charge are imposed on any extra premium and
additional benefit premium.

A loyalty bonus on the 10th policy anniversary year and every 5 years thereafter is included in the above illustration. The loyalty bonus is
currently equal to 2% of the average monthly fund balance of the preceding 5 years. It is not guaranteed and will depend on the actual
performance of the fund.

You should only invest in this product if you intend to pay the regular premium for the whole of your chosen payment term. Should you
terminate the policy early, you may suffer a loss as illustrated above.

The figures shown herein are based on assumptions in the accompanying first page of this proposal.

This is only an illustration.

4.3 / 1.3 113622O250920191911168260062 Page 4 of 8
 Daisy Valenciano 43 (Female)
Sun FlexiLink - Smoker  
Face Amount: Ps 250,000.00 Total Premium to be Billed : Ps 8,545.00

Illustration of Benefits - Index Fund (100%)

It is assumed in the table below that the regular premiums are paid in full throughout the duration of the contract.

The values illustrated below are not guaranteed. The investment returns used are for illustrative purposes and are not based on past
performance with respect to the fund where your policy is linked. The returns are likely to change during the investment period.
Also, the assumed returns do not represent the upper and lower limits of the actual return that may be realized. Values are
calculated assuming the fund is earning 4%*, 8%* and 10%*. It is assumed that the mode of payment is annual. If mode of
payment is other than annual, values shown may change.

PROJECTED BENEFITS
End Attained Premiums   Fund Value   Death Benefit
of Age Paid Charges**   4% 8% 10%   4% 8% 10%
Year              
 
26 69 8,545 4,462 274,200 499,593 681,655 524,200 749,593 931,655
27 70 8,545 4,560 289,106 543,100 752,869 539,106 793,100 1,002,869
28 71 8,545 4,676 304,474 589,886 830,923 554,474 839,886 1,080,923
29 72 8,545 4,835 320,278 640,163 916,439 570,278 890,163 1,166,439
30 73 8,545 5,047 342,492 705,581 1,026,074 592,492 955,581 1,276,074
31 74 8,545 5,310 359,292 764,405 1,130,166 609,292 1,014,405 1,380,166
32 75 8,545 5,613 376,438 827,511 1,244,115 626,438 1,077,511 1,494,115
33 76 8,545 5,946 393,912 895,203 1,368,852 643,912 1,145,203 1,618,852
34 77 8,545 6,183 411,825 967,937 1,505,532 661,825 1,217,937 1,755,532
35 78 8,545 6,479 437,908 1,063,386 1,681,575 687,908 1,313,386 1,931,575
36 79 8,545 7,074 456,625 1,148,336 1,847,887 706,625 1,398,336 2,097,887
37 80 8,545 7,940 475,188 1,239,024 2,029,546 725,188 1,489,024 2,279,546
38 81 8,545 9,139 493,250 1,335,550 2,227,699 743,250 1,585,550 2,477,699
39 82 8,545 10,908 510,209 1,437,777 2,443,362 760,209 1,687,777 2,693,362
40 83 8,545 13,375 535,041 1,571,271 2,720,304 785,041 1,821,271 2,970,304
41 84 8,545 17,091 547,316 1,685,478 2,977,612 797,316 1,935,478 3,227,612
42 85 8,545 22,284 554,767 1,803,201 3,254,609 804,767 2,053,201 3,504,609
43 86 8,545 27,089 557,603 1,925,119 3,553,627 807,603 2,175,119 3,803,627
44 87 8,545 28,943 558,656 2,054,633 3,879,923 808,656 2,304,633 4,129,923
45 88 8,545 31,693 568,074 2,228,763 4,303,575 818,074 2,478,763 4,553,575
*The investment returns used are net of the fund management charge of 2.00% (plus VAT) of the fund value.
** Charges are based on a 4% investment return.
The projected values are net of: (a) premium charges of 85% of annual regular premium on the first policy year and 5% of annual regular
premium from the second to the tenth year, all excess premiums shall be subject to a premium charge of 5%; (b) monthly periodic charge of
50% of the annual regular premium on the second year, 25% on the third year and 5% on the fourth and fifth year and monthly insurance
charges; and (c) a fund management charge of 2.00% (plus VAT) of the fund value. The figures shown above are net of all charges. The
monthly charges are deducted from the fund. No premium charge and monthly periodic charge are imposed on any extra premium and
additional benefit premium.

A loyalty bonus on the 10th policy anniversary year and every 5 years thereafter is included in the above illustration. The loyalty bonus is
currently equal to 2% of the average monthly fund balance of the preceding 5 years. It is not guaranteed and will depend on the actual
performance of the fund.

You should only invest in this product if you intend to pay the regular premium for the whole of your chosen payment term. Should you
terminate the policy early, you may suffer a loss as illustrated above.

The figures shown herein are based on assumptions in the accompanying first page of this proposal.

This is only an illustration.

4.3 / 1.3 113622O250920191911168260062 Page 5 of 8
 Daisy Valenciano 43 (Female)
Sun FlexiLink - Smoker  
Face Amount: Ps 250,000.00 Total Premium to be Billed : Ps 8,545.00

Premium Holiday Illustration

If your fund value is sufficient, you may opt to suspend payments of regular premium and excess premium, if any. This premium holiday will
not affect the payment term of the policy. The payment for the monthly charges will be taken from the fund value which may cause depletion
of your fund. The following table is an illustration of a premium holiday after 5 years of premium payment.

The values illustrated below are not guaranteed. The investment returns used are for illustrative purposes and are not based on past
performance with respect to the fund where your policy is linked. The returns are likely to change during the investment period. Also, the
assumed returns do not represent the upper and lower limits of the actual return that may be realized. Values are calculated assuming the fund
is earning 4%*, 8%* and 10%*. It is assumed that the mode of payment is annual. If mode of payment is other than annual, values shown
may change.

PROJECTED BENEFITS
End Attained Premiums Charges**   Fund Value   Death Benefit
of Age Paid   4% 8% 10%   4% 8% 10%
Year              
1 44 8,545 7,932 649 685 703 250,649 250,685 250,703
2 45 8,545 5,436 3,994 4,272 4,413 253,994 254,272 254,413
3 46 8,545 3,376 9,574 10,287 10,653 259,574 260,287 260,653
4 47 8,545 1,748 17,032 18,467 19,217 267,032 268,467 269,217
5 48 8,545 1,839 24,689 27,192 28,521 274,689 277,192 278,521
6 49 1,088 24,540 28,184 30,165 274,540 278,184 280,165
7 50 1,195 24,277 29,142 31,856 274,277 279,142 281,856
8 51 1,308 23,888 30,057 33,594 273,888 280,057 283,594
9 52 1,436 23,352 30,910 35,367 273,352 280,910 285,367
10 53 1,579 23,129 32,271 37,817 273,129 282,271 287,817
11 54 1,720 22,274 33,001 39,703 272,274 283,001 289,703
12 55 1,841 21,263 33,663 41,648 271,263 283,663 291,648
13 56 1,921 20,130 34,292 43,697 270,130 284,292 293,697
14 57 1,955 18,918 34,935 45,911 268,918 284,935 295,911
15 58 1,959 18,068 36,303 49,192 268,068 286,303 299,192
16 59 1,968 16,763 37,090 51,931 266,763 287,090 301,931
17 60 1,995 15,379 37,910 54,907 265,379 287,910 304,907
18 61 2,023 13,913 38,766 58,146 263,913 288,766 308,146
19 62 2,205 12,204 39,498 61,510 262,204 289,498 311,510
20 63 2,660 10,254 40,578 65,855 260,254 290,578 315,855
21 64 3,186 7,401 40,430 68,940 257,401 290,430 318,940
22 65 3,596 4,018 39,843 71,895 254,018 289,843 321,895
23 66 3,914 178 38,879 74,804 250,178 288,879 324,804
24 67 37,584 77,739 287,584 327,739
25 68 36,782 82,237 286,782 332,237
 
Based on a 10% projected rate of return, premium holiday may continue until the end of the contract term, or the maturity date of MyFuture Fund/s if fund
allocation is purely in MyFuture Fund/s.
Based on a 8% projected rate of return, premium holiday may continue until the end of duration 35. If premium payment is not made on duration 36, the
policy will terminate since fund value is not sufficient to pay for the monthly charges.
Based on a 4% projected rate of return, premium holiday may continue until the end of duration 23. If premium payment is not made on duration 24, the
policy will terminate since fund value is not sufficient to pay for the monthly charges.
*The investment returns used are net of the fund management charge of 2.00% (plus VAT) of the fund value for Index Fund.
** Charges are based on a 4% investment return.
The projected values are net of: (a) premium charges of 85% of annual regular premium on the first policy year and 5% of annual regular premium from the
second to the tenth year, all excess premiums shall be subject to a premium charge of 5%; (b) monthly periodic charge of 50% of the annual regular
premium on the second year, 25% on the third year and 5% on the fourth and fifth year and monthly insurance charges; and (c) a fund management charge
of 2.00% (plus VAT) of the fund value for Index Fund. The figures shown above are net of all charges. The monthly charges are deducted from the fund. No
premium charge and monthly periodic charge are imposed on any extra premium and additional benefit premium.
A loyalty bonus on the 10th policy anniversary year and every 5 years thereafter is included in the above illustration. The loyalty bonus is currently equal to
2% of the average monthly fund balance of the preceding 5 years. It is not guaranteed and will depend on the actual performance of the fund.
You should only invest in this product if you intend to pay the regular premium for the whole of your chosen payment term. Should you terminate the policy
early, you may suffer a loss as illustrated above.

The figures shown herein are based on assumptions in the accompanying first page of this proposal.

This is only an illustration.

4.3 / 1.3 113622O250920191911168260062 Page 6 of 8
 Daisy Valenciano 43 (Female)
Sun FlexiLink - Smoker  
Face Amount: Ps 250,000.00 Total Premium to be Billed : Ps 8,545.00

Premium Holiday Illustration

If your fund value is sufficient, you may opt to suspend payments of regular premium and excess premium, if any. This premium holiday will
not affect the payment term of the policy. The payment for the monthly charges will be taken from the fund value which may cause depletion
of your fund. The following table is an illustration of a premium holiday after 5 years of premium payment.

The values illustrated below are not guaranteed. The investment returns used are for illustrative purposes and are not based on past
performance with respect to the fund where your policy is linked. The returns are likely to change during the investment period. Also, the
assumed returns do not represent the upper and lower limits of the actual return that may be realized. Values are calculated assuming the fund
is earning 4%*, 8%* and 10%*. It is assumed that the mode of payment is annual. If mode of payment is other than annual, values shown
may change.

PROJECTED BENEFITS
End Attained Premiums Charges**   Fund Value   Death Benefit
of Age Paid   4% 8% 10%   4% 8% 10%
Year              
26 69 35,008 85,581 285,008 335,581
27 70 32,993 89,148 282,993 339,148
28 71 30,700 92,942 280,700 342,942
29 72 28,061 96,940 278,061 346,940
30 73 25,629 102,927 275,629 352,927
31 74 22,099 107,400 272,099 357,400
32 75 17,979 111,993 267,979 361,993
33 76 13,189 116,684 263,189 366,684
34 77 7,778 121,584 257,778 371,584
35 78 1,939 128,937 251,939 378,937
36 79 134,097 384,097
37 80 138,851 388,851
38 81 142,808 392,808
39 82 145,290 395,290
40 83 148,209 398,209
41 84 144,713 394,713
42 85 135,412 385,412
43 86 120,146 370,146
44 87 101,436 351,436
45 88 80,477 330,477
 
Based on a 10% projected rate of return, premium holiday may continue until the end of the contract term, or the maturity date of MyFuture Fund/s if fund
allocation is purely in MyFuture Fund/s.
Based on a 8% projected rate of return, premium holiday may continue until the end of duration 35. If premium payment is not made on duration 36, the
policy will terminate since fund value is not sufficient to pay for the monthly charges.
Based on a 4% projected rate of return, premium holiday may continue until the end of duration 23. If premium payment is not made on duration 24, the
policy will terminate since fund value is not sufficient to pay for the monthly charges.
*The investment returns used are net of the fund management charge of 2.00% (plus VAT) of the fund value for Index Fund.
** Charges are based on a 4% investment return.
The projected values are net of: (a) premium charges of 85% of annual regular premium on the first policy year and 5% of annual regular premium from the
second to the tenth year, all excess premiums shall be subject to a premium charge of 5%; (b) monthly periodic charge of 50% of the annual regular
premium on the second year, 25% on the third year and 5% on the fourth and fifth year and monthly insurance charges; and (c) a fund management charge
of 2.00% (plus VAT) of the fund value for Index Fund. The figures shown above are net of all charges. The monthly charges are deducted from the fund. No
premium charge and monthly periodic charge are imposed on any extra premium and additional benefit premium.
A loyalty bonus on the 10th policy anniversary year and every 5 years thereafter is included in the above illustration. The loyalty bonus is currently equal to
2% of the average monthly fund balance of the preceding 5 years. It is not guaranteed and will depend on the actual performance of the fund.
You should only invest in this product if you intend to pay the regular premium for the whole of your chosen payment term. Should you terminate the policy
early, you may suffer a loss as illustrated above.

The figures shown herein are based on assumptions in the accompanying first page of this proposal.

This is only an illustration.

4.3 / 1.3 113622O250920191911168260062 Page 7 of 8
 Daisy Valenciano 43 (Female)
Sun FlexiLink - Smoker  
Face Amount: Ps 250,000.00 Total Premium to be Billed : Ps 8,545.00

Declaration and Acknowledgement of Variability

• I have read and understood the disclosures in this proposal illustration. I likewise signify that my advisor has explained to me the
features and the charges on the policy, the manner in which the variable benefits will reflect the investment experience of the separate
account(s), and the guarantees on minimum death benefit.
• I hereby agree and declare that:

1. I have applied with the Sun Life of Canada (Philippines), Inc. for a Variable Life Insurance Policy, and have understood the risks
inherent in the product.
2. I have reviewed and understood the illustration(s) presented that shows how a variable life insurance policy performs using
company's assumptions and based on the Insurance Commission's guidelines on interest rates.
3. I understand and accept the results of my Financial Needs Analysis. Should I opt to deviate from my assessed risk profile either now
or in the future, I accept to fully bear the risks that may result from said deviation.

Subject to the above statements, I have chosen the following underlying investment funds, with the corresponding fund allocations
shown below:
Index Fund (100%) - The Fund is designed mainly to generate long-term capital appreciation through investment in high-quality
equities comprised of constituents of the Philippine Stock Exchange Index (PSEi).
4. I understand that the performance of the underlying investments of the fund may change over time and as such, the Net Asset Values
of my units may fluctuate and that the value of my policy could amount to less than the total premiums paid. Profits of the fund are
not guaranteed and will depend on its performance at the time of surrender or withdrawal. Any reference to historical performance of
the fund does not guarantee future returns. The unit values of my variable life insurance are periodically published in the Company's
website, which I can access or view any time.
5. I understand and accept that the investment risks under the policy are borne solely by me, as the policy owner.
• By requesting a proposal on Sun Life of Canada (Philippines), Inc.'s products and services and by sharing and disclosing my personal
data, I authorize and consent to the use, processing and exchange of information needed to prepare the proposal. In the event I do not
proceed with my insurance application with Sun Life of Canada (Philippines), Inc., my personal data is kept for one year in Sun Life of
Canada (Philippines), Inc.'s data processing systems after which, it will be irreversibly anonymized for the sole purpose of data analytics
and proposal counts report.

Applicant's Signature over Printed Name Date

End of Proposal

This is only an illustration.

4.3 / 1.3 113622O250920191911168260062 Page 8 of 8