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 : SKYLER V. HARRIS Age Last Birthday : 0 (Female)
For the Decision of : JUSTINE V. HARRIS (Age 35) Currency : Philippine Peso
Basic Plan Benefit Amount Regular Premium
Sun FlexiLink - Non-Smoker Ps 500,000.00 Ps 10,000.00
Additional Benefits
Total Disability Benefit (Waiver of Premium) - TDB Ps 1,290.00
Premium Coverage After Death of Initial Owner Ps 564.50
(Waiver of Premium on Death of Initial Owner - WPD)

Class: Standard Total Annual Regular Premium Ps 11,854.50

Annual Excess Premium (to be Billed Regularly) Ps 0.00
Total Annual Premium (to be Billed Regularly) Ps 11,854.50
Total Quarterly Premium to be Billed Ps 2,963.62
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.
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
30% Balanced Fund 20% Bond Fund 20% Equity Fund
20% Growth PLUS Fund 10% Index 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, 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: Signature: Date:

Prepared By : VALERA, LUCKY R. Date : 18 March 2016

Branch : MANGROVE

This is only an illustration.

VL r8.20.00.0000 0924624103161897 Page 1 of 11
SKYLER V. HARRIS 0 (Female)
Sun FlexiLink - Non-Smoker
Face Amount: Ps 500,000.00 Total Premium to be Billed: Ps 11,854.50

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.
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).
Historical Investment Performance of Investment Funds of Sun Life's Variable Life Insurance Products
Year-to-Date Return
Ave. Annual 3-Year 5-Year 10-Year
Fund Name Compounded Return Return Return
31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- Return (for
(Fund Launch Date) 06 07 08 09 10 11 12 13 14 15 completed (2015 vs (2015 vs (2015 vs
years) 2012) 2010) 2005)
Peso Balanced
(Dec. 6, 2004) 47.07% 18.79% -26.72% 27.03% 26.92% 1.95% 23.20% 1.14% 11.81% -3.75% 10.71% 8.85% 36.70% 182.19%
Peso Bond
(Sep. 13, 2004) 15.88% 4.98% 0.01% 6.11% 10.69% 6.90% 6.56% 8.25% 0.16% -0.96% 6.29% 7.37% 22.31% 74.79%
Peso Equity
(Sep. 13, 2004) 48.55% 18.91% -36.70% 47.10% 36.98% 1.34% 30.97% 1.31% 19.73% -5.02% 13.27% 15.22% 52.93% 244.55%
Peso Money Market
(Jun. 25, 2007) N/A 1.25%* 2.19% 1.49% 1.03% 0.50% 0.66% -0.34% -0.37% 0.10% 0.65% -0.61% 0.54% N/A
MyFuture 2020
(Jun. 7, 2008) N/A N/A -8.16%* 34.12% 33.77% 1.84% 31.37% 2.88% 16.74% -4.10% 15.64% 15.18% 54.11% N/A
MyFuture 2025
(Jun. 7, 2008) N/A N/A -9.74%* 32.88% 33.56% 2.25% 31.15% 2.97% 18.15% -5.51% 15.46% 14.95% 54.15% N/A
MyFuture 2030
(Jun. 7, 2008) N/A N/A -11.12%* 36.04% 34.36% 1.61% 30.93% 2.10% 20.58% -5.05% 16.09% 16.89% 55.51% N/A
MyFuture 2035
(Jun. 7, 2008) N/A N/A -11.21%* 36.48% 34.98% 1.71% 30.93% 3.31% 20.55% -4.86% 16.47% 18.49% 57.79% N/A
MyFuture 2040
(Jun. 7, 2008) N/A N/A -11.75%* 37.44% 34.21% 1.94% 30.96% 3.14% 20.36% -4.79% 16.49% 18.20% 57.79% N/A
Growth PLUS
(Apr. 8, 2015) N/A N/A N/A N/A N/A N/A N/A N/A N/A -12.09%* N/A N/A N/A 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
This is only an illustration.
VL r8.20.00.0000 0924624103161897 Page 2 of 11
SKYLER V. HARRIS 0 (Female)
Sun FlexiLink - Non-Smoker
Face Amount: Ps 500,000.00 Total Premium to be Billed: Ps 11,854.50

Illustration of Rider Premiums

Rider Premiums

End of Attained Premiums Total Rider

Year Age Paid Premiums TDB* WPD#

1 1 11,855 1,855 1,290 565

2 2 11,855 1,855 1,290 565
3 3 11,855 1,855 1,290 565
4 4 11,855 1,855 1,290 565
5 5 11,855 1,855 1,290 565
6 6 11,855 1,855 1,290 565
7 7 11,855 1,855 1,290 565
8 8 11,855 1,855 1,290 565
9 9 11,855 1,855 1,290 565
10 10 11,855 1,855 1,290 565
11 11 11,855 1,855 1,290 565
12 12 11,855 1,855 1,290 565
13 13 11,855 1,855 1,290 565
14 14 11,855 1,855 1,290 565
15 15 11,855 1,855 1,290 565
16 16 11,855 1,855 1,290 565
17 17 11,855 1,855 1,290 565
18 18 11,855 1,855 1,290 565
19 19 11,855 1,855 1,290 565
20 20 11,855 1,855 1,290 565

55 55 11,290 1,290 1,290

*TDB premium payment terminates at attained age 60.

#WPD premium payment terminates at attained age 21.

This is only an illustration.

VL r8.20.00.0000 0924624103161897 Page 3 of 11
SKYLER V. HARRIS 0 (Female)
Sun FlexiLink - Non-Smoker
Face Amount: Ps 500,000.00 Total Premium to be Billed: Ps 11,854.50

Illustration of Benefits Balanced Fund (30%)

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 1 3,556 3,294 286 310 322 500,954 501,034 501,074
2 2 3,556 2,394 1,545 1,669 1,732 505,152 505,565 505,774
3 3 3,556 1,644 3,620 3,916 4,069 512,066 513,055 513,565
4 4 3,556 1,044 6,387 6,963 7,266 521,293 523,215 524,224
5 5 3,556 1,044 9,263 10,249 10,775 530,879 534,171 535,925
6 6 3,556 894 12,403 13,948 14,785 541,350 546,504 549,298
7 7 3,556 894 15,666 17,936 19,187 552,230 559,803 563,979
8 8 3,556 894 19,056 22,235 24,020 563,534 574,143 580,098
9 9 3,556 894 22,579 26,871 29,325 575,279 589,604 597,794
10 10 3,556 894 26,616 32,305 35,616 588,743 607,729 618,782
11 11 3,556 744 30,589 37,889 42,219 601,992 626,358 640,813
12 12 3,556 744 34,716 43,910 49,468 615,757 646,444 665,000
13 13 3,556 744 39,005 50,401 57,425 630,060 668,103 691,555
14 14 3,556 744 43,460 57,400 66,161 644,921 691,456 720,708
15 15 3,556 744 48,859 65,926 76,859 662,927 719,905 756,414
16 16 3,556 744 53,698 74,138 87,494 679,070 747,312 791,915
17 17 3,556 744 58,726 82,992 99,169 695,844 776,864 830,891
18 18 3,556 744 63,950 92,538 111,984 713,271 808,729 873,681
19 19 3,556 743 69,378 102,830 126,053 731,379 843,087 920,659
20 20 3,556 743 76,275 115,721 143,653 754,392 886,117 979,429
55 55 3,387 1,135 553,140 2,349,556 5,059,288 2,347,399 8,361,049 17,442,460
60 60 3,387 1,204 694,429 3,494,044 8,208,694 2,819,821 12,195,416 28,003,983
65 65 3,000 1,520 866,709 5,187,023 13,307,021 3,396,047 17,870,084 45,110,760
*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.
This is only an illustration.
VL r8.20.00.0000 0924624103161897 Page 4 of 11
SKYLER V. HARRIS 0 (Female)
Sun FlexiLink - Non-Smoker
Face Amount: Ps 500,000.00 Total Premium to be Billed: Ps 11,854.50

Illustration of Benefits Bond Fund (20%)

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 1 2,371 2,196 191 207 215 500,954 501,034 501,074
2 2 2,371 1,596 1,031 1,113 1,155 505,152 505,565 505,774
3 3 2,371 1,096 2,414 2,612 2,715 512,066 513,055 513,565
4 4 2,371 696 4,260 4,646 4,848 521,293 523,215 524,224
5 5 2,371 696 6,179 6,840 7,192 530,879 534,171 535,925
6 6 2,371 596 8,275 9,310 9,871 541,350 546,504 549,298
7 7 2,371 596 10,453 11,974 12,813 552,230 559,803 563,979
8 8 2,371 596 12,717 14,848 16,045 563,534 574,143 580,098
9 9 2,371 596 15,069 17,948 19,595 575,279 589,604 597,794
10 10 2,371 596 17,767 21,583 23,806 588,743 607,729 618,782
11 11 2,371 496 20,421 25,320 28,228 601,992 626,358 640,813
12 12 2,371 496 23,180 29,351 33,085 615,757 646,444 665,000
13 13 2,371 497 26,047 33,699 38,420 630,060 668,103 691,555
14 14 2,371 497 29,027 38,389 44,280 644,921 691,456 720,708
15 15 2,371 497 32,637 44,103 51,457 662,927 719,905 756,414
16 16 2,371 497 35,875 49,611 58,598 679,070 747,312 791,915
17 17 2,371 497 39,241 55,552 66,441 695,844 776,864 830,891
18 18 2,371 497 42,738 61,960 75,056 713,271 808,729 873,681
19 19 2,371 497 46,372 68,873 84,518 731,379 843,087 920,659
20 20 2,371 497 50,991 77,529 96,354 754,392 886,117 979,429
55 55 2,258 764 372,359 1,595,566 3,451,027 2,347,399 8,361,049 17,442,460
60 60 2,258 811 468,009 2,377,965 5,614,134 2,819,821 12,195,416 28,003,983
65 65 2,000 1,026 584,822 3,538,023 9,125,370 3,396,047 17,870,084 45,110,760
*The investment returns used are net of the fund management charge of 1.50% (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 1.50% (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.
This is only an illustration.
VL r8.20.00.0000 0924624103161897 Page 5 of 11
SKYLER V. HARRIS 0 (Female)
Sun FlexiLink - Non-Smoker
Face Amount: Ps 500,000.00 Total Premium to be Billed: Ps 11,854.50

Illustration of Benefits Equity Fund (20%)

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 1 2,371 2,196 191 207 215 500,954 501,034 501,074
2 2 2,371 1,596 1,030 1,113 1,155 505,152 505,565 505,774
3 3 2,371 1,096 2,413 2,611 2,713 512,066 513,055 513,565
4 4 2,371 696 4,258 4,642 4,844 521,293 523,215 524,224
5 5 2,371 696 6,175 6,833 7,183 530,879 534,171 535,925
6 6 2,371 596 8,269 9,299 9,857 541,350 546,504 549,298
7 7 2,371 596 10,444 11,957 12,791 552,230 559,803 563,979
8 8 2,371 596 12,704 14,824 16,013 563,534 574,143 580,098
9 9 2,371 596 15,052 17,914 19,550 575,279 589,604 597,794
10 10 2,371 596 17,744 21,536 23,744 588,743 607,729 618,782
11 11 2,371 496 20,393 25,259 28,146 601,992 626,358 640,813
12 12 2,371 496 23,144 29,273 32,979 615,757 646,444 665,000
13 13 2,371 496 26,003 33,601 38,284 630,060 668,103 691,555
14 14 2,371 496 28,973 38,267 44,107 644,921 691,456 720,708
15 15 2,371 496 32,572 43,951 51,239 662,927 719,905 756,414
16 16 2,371 496 35,799 49,425 58,329 679,070 747,312 791,915
17 17 2,371 496 39,151 55,328 66,112 695,844 776,864 830,891
18 18 2,371 496 42,633 61,692 74,656 713,271 808,729 873,681
19 19 2,371 496 46,252 68,554 84,035 731,379 843,087 920,659
20 20 2,371 496 50,850 77,147 95,769 754,392 886,117 979,429
55 55 2,258 757 368,760 1,566,371 3,372,858 2,347,399 8,361,049 17,442,460
60 60 2,258 803 462,953 2,329,363 5,472,462 2,819,821 12,195,416 28,003,983
65 65 2,000 1,014 577,806 3,458,015 8,871,347 3,396,047 17,870,084 45,110,760
*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.
This is only an illustration.
VL r8.20.00.0000 0924624103161897 Page 6 of 11
SKYLER V. HARRIS 0 (Female)
Sun FlexiLink - Non-Smoker
Face Amount: Ps 500,000.00 Total Premium to be Billed: Ps 11,854.50

Illustration of Benefits Growth PLUS Fund (20%)

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 1 2,371 2,196 191 207 215 500,954 501,034 501,074
2 2 2,371 1,596 1,030 1,113 1,155 505,152 505,565 505,774
3 3 2,371 1,096 2,413 2,611 2,713 512,066 513,055 513,565
4 4 2,371 696 4,258 4,642 4,844 521,293 523,215 524,224
5 5 2,371 696 6,175 6,833 7,183 530,879 534,171 535,925
6 6 2,371 596 8,269 9,299 9,857 541,350 546,504 549,298
7 7 2,371 596 10,444 11,957 12,791 552,230 559,803 563,979
8 8 2,371 596 12,704 14,824 16,013 563,534 574,143 580,098
9 9 2,371 596 15,052 17,914 19,550 575,279 589,604 597,794
10 10 2,371 596 17,744 21,536 23,744 588,743 607,729 618,782
11 11 2,371 496 20,393 25,259 28,146 601,992 626,358 640,813
12 12 2,371 496 23,144 29,273 32,979 615,757 646,444 665,000
13 13 2,371 496 26,003 33,601 38,284 630,060 668,103 691,555
14 14 2,371 496 28,973 38,267 44,107 644,921 691,456 720,708
15 15 2,371 496 32,572 43,951 51,239 662,927 719,905 756,414
16 16 2,371 496 35,799 49,425 58,329 679,070 747,312 791,915
17 17 2,371 496 39,151 55,328 66,112 695,844 776,864 830,891
18 18 2,371 496 42,633 61,692 74,656 713,271 808,729 873,681
19 19 2,371 496 46,252 68,554 84,035 731,379 843,087 920,659
20 20 2,371 496 50,850 77,147 95,769 754,392 886,117 979,429
55 55 2,258 757 368,760 1,566,371 3,372,858 2,347,399 8,361,049 17,442,460
60 60 2,258 803 462,953 2,329,363 5,472,462 2,819,821 12,195,416 28,003,983
65 65 2,000 1,014 577,806 3,458,015 8,871,347 3,396,047 17,870,084 45,110,760
*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.
This is only an illustration.
VL r8.20.00.0000 0924624103161897 Page 7 of 11
SKYLER V. HARRIS 0 (Female)
Sun FlexiLink - Non-Smoker
Face Amount: Ps 500,000.00 Total Premium to be Billed: Ps 11,854.50

Illustration of Benefits Index Fund (10%)

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 1 1,185 1,098 95 103 107 500,954 501,034 501,074
2 2 1,185 798 515 556 577 505,152 505,565 505,774
3 3 1,185 548 1,207 1,305 1,356 512,066 513,055 513,565
4 4 1,185 348 2,129 2,321 2,422 521,293 523,215 524,224
5 5 1,185 348 3,088 3,416 3,592 530,879 534,171 535,925
6 6 1,185 298 4,134 4,649 4,928 541,350 546,504 549,298
7 7 1,185 298 5,222 5,979 6,396 552,230 559,803 563,979
8 8 1,185 298 6,352 7,412 8,007 563,534 574,143 580,098
9 9 1,185 298 7,526 8,957 9,775 575,279 589,604 597,794
10 10 1,185 298 8,872 10,768 11,872 588,743 607,729 618,782
11 11 1,185 248 10,196 12,630 14,073 601,992 626,358 640,813
12 12 1,185 248 11,572 14,637 16,489 615,757 646,444 665,000
13 13 1,185 248 13,002 16,800 19,142 630,060 668,103 691,555
14 14 1,185 248 14,487 19,133 22,054 644,921 691,456 720,708
15 15 1,185 248 16,286 21,975 25,620 662,927 719,905 756,414
16 16 1,185 248 17,899 24,713 29,165 679,070 747,312 791,915
17 17 1,185 248 19,575 27,664 33,056 695,844 776,864 830,891
18 18 1,185 248 21,317 30,846 37,328 713,271 808,729 873,681
19 19 1,185 248 23,126 34,277 42,018 731,379 843,087 920,659
20 20 1,185 248 25,425 38,574 47,884 754,392 886,117 979,429
55 55 1,129 378 184,380 783,185 1,686,429 2,347,399 8,361,049 17,442,460
60 60 1,129 401 231,476 1,164,681 2,736,231 2,819,821 12,195,416 28,003,983
65 65 1,000 507 288,903 1,729,008 4,435,674 3,396,047 17,870,084 45,110,760
*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.
This is only an illustration.
VL r8.20.00.0000 0924624103161897 Page 8 of 11
SKYLER V. HARRIS 0 (Female)
Sun FlexiLink - Non-Smoker
Face Amount: Ps 500,000.00 Total Premium to be Billed: Ps 11,854.50

Illustration of Benefits All Chosen Funds

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 1 11,855 10,980 954 1,034 1,074 500,954 501,034 501,074
2 2 11,855 7,980 5,152 5,565 5,774 505,152 505,565 505,774
3 3 11,855 5,480 12,066 13,055 13,565 512,066 513,055 513,565
4 4 11,855 3,479 21,293 23,215 24,224 521,293 523,215 524,224
5 5 11,855 3,480 30,879 34,171 35,925 530,879 534,171 535,925
6 6 11,855 2,980 41,350 46,504 49,298 541,350 546,504 549,298
7 7 11,855 2,980 52,230 59,803 63,979 552,230 559,803 563,979
8 8 11,855 2,979 63,534 74,143 80,098 563,534 574,143 580,098
9 9 11,855 2,979 75,279 89,604 97,794 575,279 589,604 597,794
10 10 11,855 2,980 88,743 107,729 118,782 588,743 607,729 618,782
11 11 11,855 2,480 101,992 126,358 140,813 601,992 626,358 640,813
12 12 11,855 2,480 115,757 146,444 165,000 615,757 646,444 665,000
13 13 11,855 2,479 130,060 168,103 191,555 630,060 668,103 691,555
14 14 11,855 2,480 144,921 191,456 220,708 644,921 691,456 720,708
15 15 11,855 2,480 162,927 219,905 256,414 662,927 719,905 756,414
16 16 11,855 2,480 179,070 247,312 291,915 679,070 747,312 791,915
17 17 11,855 2,480 195,844 276,864 330,891 695,844 776,864 830,891
18 18 11,855 2,480 213,271 308,729 373,681 713,271 808,729 873,681
19 19 11,855 2,480 231,379 343,087 420,659 731,379 843,087 920,659
20 20 11,855 2,480 254,392 386,117 479,429 754,392 886,117 979,429
55 55 11,290 3,792 1,847,399 7,861,049 16,942,460 2,347,399 8,361,049 17,442,460
60 60 11,290 4,023 2,319,821 11,695,416 27,503,983 2,819,821 12,195,416 28,003,983
65 65 10,000 5,080 2,896,047 17,370,084 44,610,760 3,396,047 17,870,084 45,110,760
*The investment returns used are net of the fund management charge of 2.00% (plus VAT) of the fund value for Balanced Fund, 1.50% (plus VAT) of
the fund value for Bond Fund, 2.00% (plus VAT) of the fund value for Equity Fund, 2.00% (plus VAT) of the fund value for Growth PLUS Fund and
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 Balanced Fund, 1.50% (plus VAT) of the fund value for Bond Fund, 2.00% (plus
VAT) of the fund value for Equity Fund, 2.00% (plus VAT) of the fund value for Growth PLUS Fund and 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 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.
This is only an illustration.
VL r8.20.00.0000 0924624103161897 Page 9 of 11
SKYLER V. HARRIS 0 (Female)
Sun FlexiLink - Non-Smoker
Face Amount: Ps 500,000.00 Total Premium to be Billed: Ps 11,854.50
Premium Holiday Illustration
If your fund value is sufficient, you can apply to suspend payments of regular premium and excess premium, if any. During this
premium holiday, the payment of the monthly charges will be taken from the fund value. The following table is an illustration of a
premium holiday after 10 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 Fund Value Death Benefit
of Age Paid Charges** 4% 8% 10% 4% 8% 10%
Year
1 1 11,855 10,980 954 1,034 1,074 500,954 501,034 501,074
2 2 11,855 7,980 5,152 5,565 5,774 505,152 505,565 505,774
3 3 11,855 5,480 12,066 13,055 13,565 512,066 513,055 513,565
4 4 11,855 3,479 21,293 23,215 24,224 521,293 523,215 524,224
5 5 11,855 3,480 30,879 34,171 35,925 530,879 534,171 535,925
6 6 11,855 2,980 41,350 46,504 49,298 541,350 546,504 549,298
7 7 11,855 2,980 52,230 59,803 63,979 552,230 559,803 563,979
8 8 11,855 2,979 63,534 74,143 80,098 563,534 574,143 580,098
9 9 11,855 2,979 75,279 89,604 97,794 575,279 589,604 597,794
10 10 11,855 2,980 88,743 107,729 118,782 588,743 607,729 618,782
11 11 2,480 89,675 113,575 127,798 589,675 613,575 627,798
12 12 2,480 90,642 119,880 137,697 590,642 619,880 637,697
13 13 2,480 91,648 126,677 148,565 591,648 626,677 648,565
14 14 2,480 92,693 134,007 160,496 592,693 634,007 660,496
15 15 2,480 95,601 144,380 176,467 595,601 644,380 676,467
16 16 2,480 96,800 153,095 191,129 596,800 653,095 691,129
17 17 2,480 98,046 162,491 207,226 598,046 662,491 707,226
18 18 2,480 99,340 172,624 224,898 599,340 672,624 724,898
19 19 2,480 100,685 183,549 244,300 600,685 683,549 744,300
20 20 2,480 104,056 198,686 269,938 604,056 698,686 769,938
55 55 3,792 276,833 2,721,364 7,304,384 776,833 3,221,364 7,804,384
60 60 4,023 319,265 4,007,960 11,810,431 819,265 4,507,960 12,310,431
65 65 5,080 372,658 5,915,778 19,113,663 872,658 6,415,778 19,613,663
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 the contract term, or the maturity date of MyFuture Fund/s if
fund allocation is purely in MyFuture Fund/s.
Based on a 4% 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.
*The investment returns used are net of the fund management charge of 2.00% (plus VAT) of the fund value for Balanced Fund, 1.50% (plus VAT) of
the fund value for Bond Fund, 2.00% (plus VAT) of the fund value for Equity Fund, 2.00% (plus VAT) of the fund value for Growth PLUS Fund and
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 Balanced Fund, 1.50% (plus VAT) of the fund value for Bond Fund, 2.00% (plus
VAT) of the fund value for Equity Fund, 2.00% (plus VAT) of the fund value for Growth PLUS Fund and 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 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.
This is only an illustration.
VL r8.20.00.0000 0924624103161897 Page 10 of 11
SKYLER V. HARRIS 0 (Female)
Sun FlexiLink - Non-Smoker
Face Amount: Ps 500,000.00 Total Premium to be Billed: Ps 11,854.50

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

This is only an illustration.

VL r8.20.00.0000 0924624103161897 Page 11 of 11