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

: Special

Age Last Birthday : 25 (Female)

Currency
: Philippine Peso
Benefit Amount
Regular Premium

Basic Plan
Sun FlexiLink - Non-Smoker

Ps

250,000.00

Ps

7,450.00

Ps

250,000.00

Ps
Ps

657.50
270.00

Ps
Ps
Ps
Ps
Ps

8,377.50
0.00
8,377.50
2,094.38
0.00

Additional Benefits
Total Disability Benefit (Waiver of Premium) - TDB
Accidental Death Benefit - ADB

Total Annual Regular Premium

Annual Excess Premium (to be Billed Regularly)
Total Annual Premium (to be Billed Regularly)
Total Quarterly Premium to be Billed
Excess Premium (One-time)

Class: Standard

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.
The policy is a variable contract. Only the face amount is guaranteed. The rest of the benefits, namely the fund value and the actual
death benefit payable 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. We will
refund the fund value of the units allocated to your policy inclusive of the initial charges.

Fund Allocation
100% Balanced Fund

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 with no premium holiday, 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.
By signing below, you signify that you have read and understood the disclosures in this proposal illustration. You likewise signify that your advisor
has explained to you 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. You fully understand that you will assume all investment risks associated with
the policy.
Applicant's Name:

Prepared By
Branch

VLs r8.16.00.0000

Signature:

: ARNIE B. ALAYON
: ROSEWOOD

Date:

Date
This is only an illustration.
0936475308060740

: 07 August 2015

Page 1 of 4

Special
Sun FlexiLink - Non-Smoker
Face Amount: Ps 250,000.00

25 (Female)
Total Premium to be Billed: Ps 8,377.50

Investment Fund Description

Balanced Fund
The fund is designed to provide optimum returns through investment in a mix of government and domestic corporate debt and
locally-listed equity securities.
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.

Historical Investment Performance of Investment Funds of Sun Life's Variable Life Insurance Products
Year-to-Date Return
Fund Name
31-Dec(Fund Launch Date)
05
Peso Balanced
(Dec. 6, 2004)
Peso Bond
(Sep. 13, 2004)
Peso Equity
(Sep. 13, 2004)
Peso Money Market
(Jun. 25, 2007)
MyFuture 2020
(Jun. 7, 2008)
MyFuture 2025
(Jun. 7, 2008)
MyFuture 2030
(Jun. 7, 2008)
MyFuture 2035
(Jun. 7, 2008)
MyFuture 2040
(Jun. 7, 2008)

31-Dec08

Ave. Annual
3-Year
5-Year 10-Year
Compounded Return
Return
Return
31-Dec- Return (for
14
completed (2014 vs (2014 vs (2014 vs
years)
2011)
2009)
2004)

31-Dec06

31-Dec07

31-Dec09

31-Dec10

31-Dec11

31-Dec12

31-Dec13

8.53%

47.07%

18.79% -26.72% 27.03%

26.92%

1.95%

23.20%

1.14%

11.81%

12.27%

39.32%

80.27% 218.20%

11.94%

15.88%

4.98%

6.11%

10.69%

6.90%

6.56%

8.25%

0.16%

7.05%

15.53%

36.70%

14.32%

48.55%

18.91% -36.70% 47.10%

36.98%

1.34%

30.97%

1.31%

19.73%

15.28%

58.88% 120.55% 314.68%

N/A

N/A

1.25%*

1.49%

1.03%

0.50%

0.66%

-0.34%

-0.37%

0.73%

-0.07%

N/A

N/A

N/A

-8.16%* 34.12%

33.77%

1.84%

31.37%

2.88%

16.74%

19.30%

57.79% 114.97%

N/A

N/A

N/A

N/A

-9.74%* 32.88%

33.56%

2.25%

31.15%

2.97%

18.15%

19.39%

59.55% 117.90%

N/A

N/A

N/A

N/A

-11.12%* 36.04%

34.36%

1.61%

30.93%

2.10%

20.58%

20.05%

61.19% 120.06%

N/A

N/A

N/A

N/A

-11.21%* 36.48%

34.98%

1.71%

30.93%

3.31%

20.55%

20.46%

63.06% 123.87%

N/A

N/A

N/A

N/A

-11.75%* 37.44%

34.21%

1.94%

30.96%

3.14%

20.36%

20.47%

62.57% 122.41%

N/A

0.01%

2.19%

1.47%

97.56%

N/A

* 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

VLs r8.16.00.0000

This is only an illustration.

0936475308060740

Page 2 of 4

Special
Sun FlexiLink - Non-Smoker
Face Amount: Ps 250,000.00

25 (Female)
Total Premium to be Billed: Ps 8,377.50

Illustration of Benefits Balanced Fund (100%)

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
of
Age
Year

Premiums
Paid

Charges**

Fund Value
8%

4%

10%

4%

Death Benefit
8%

10%

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45

8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378
8,378

7,589
5,358
3,498
2,012
2,015
1,646
1,649
1,653
1,656
1,659
1,290
1,294
1,297
1,300
1,304
1,307
1,335
1,369
1,407
1,449

842
4,102
9,387
16,396
23,674
31,613
39,859
48,421
57,314
67,506
77,523
87,927
98,732
109,955
123,555
135,739
148,368
161,455
175,013
192,230

896
4,402
10,120
17,834
26,147
35,495
45,569
56,427
68,131
81,845
95,930
111,112
127,477
145,117
166,605
187,297
209,576
233,561
259,382
291,698

923
4,555
10,499
18,588
27,464
37,596
48,715
60,917
74,309
90,188
106,843
125,122
145,184
167,205
194,172
220,974
250,366
282,595
317,936
362,121

250,842
254,102
259,387
266,396
273,674
281,613
289,859
298,421
307,314
317,506
327,523
337,927
348,732
359,955
373,555
385,739
398,368
411,455
425,013
442,230

250,896
254,402
260,120
267,834
276,147
285,495
295,569
306,427
318,131
331,845
345,930
361,112
377,477
395,117
416,605
437,297
459,576
483,561
509,382
541,698

250,923
254,555
260,499
268,588
277,464
287,596
298,715
310,917
324,309
340,188
356,843
375,122
395,184
417,205
444,172
470,974
500,366
532,595
567,936
612,121

30
35
40

55
60
65

8,378
8,378
7,720

2,179
2,294
2,810

376,098
498,547
646,352

745,371
1,143,372
1,729,430

1,068,144
1,771,743
2,907,688

626,098
748,547
896,352

995,371
1,393,372
1,979,430

1,318,144
2,021,743
3,157,688

*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 2% of the
average monthly fund balance of the preceding 5 years. It is non-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.
VLs r8.16.00.0000

This is only an illustration.

0936475308060740

Page 3 of 4

Special
Sun FlexiLink - Non-Smoker
Face Amount: Ps 250,000.00

25 (Female)
Total Premium to be Billed: Ps 8,377.50

Acknowledgement of Variability

I acknowledge that:
I have applied with Sun Life of Canada (Philippines), Inc. for a Variable Life Insurance Policy, and have reviewed the illustration(s)
that shows how a variable life insurance policy performs using company's assumptions and based on the Insurance Commission's
guidelines on interest rates.
I understand that since the fund performance may vary, the values of my units are not guaranteed and will depend on the actual
performance of that given period and that the value of my policy could be less than the premiums paid. The unit values of my
Variable Life Insurance are periodically published.
I understand that the investment risks under the policy are to be borne solely by me, as the policy owner.

Applicant's Signature over Printed Name

Date

End of Proposal

VLs r8.16.00.0000

This is only an illustration.

0936475308060740

Page 4 of 4