Sun MaxiLink Prime

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

Sun MaxiLink Prime lets you enjoy these benefits:

LIFE INSURANCE COVERAGE
This is equivalent to 200% of 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
hospital confinements due to 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 your child's education, a comfortable retirement, or an important life milestone. In case of an
emergency, money comes in handy via a partial fund withdrawal.

MANAGEABLE PREMIUM PAYMENTS

Pay for at least 10 years or opt to increase your fund's value 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) SUPPLEMENTARY BENEFITS (RIDERS)

FACE AMOUNT 350,000.00 TOTAL DISABILITY BENEFIT (TDB)
INITIAL LIFE INSURANCE COVERAGE 1 721,162.00 ACCIDENTAL DEATH BENEFIT (ADB) 350,000.00
1 Initial
Life Insurance Coverage refers to the death benefit at the end of Month 1 based on CRITICAL ILLNESS BENEFIT (CIB) 250,000.00
current charges.
HOSPITAL INCOME BENEFIT (HIB) 1,000.00

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
Equity
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 :      VIVENCIA MONTECARLO EUCOGCO Age Last Birthday :      53 (Female)
Currency :       Philippine Peso
Basic Plan Benefit Amount Regular Premium
Sun MaxiLink Prime - Non-Smoker Ps 350,000.00 Ps 37,397.50
Additional Benefits
Total Disability Benefit (Waiver of Premium) - TDB Ps 976.50
Accidental Death Benefit - ADB Ps 350,000.00 Ps 329.00
Critical Illness Benefit - CIB Ps 250,000.00 Ps 4,175.00
Hospital Income Benefit - HIB Ps 1,000.00 /day Ps 3,480.00
Class: Standard Total Initial Annual Regular Premium Ps 46,358.00
Annual Excess Premium (to be Billed Regularly) Ps 0.00
Total Initial Annual Premium (to be Billed Ps 46,358.00
Regularly)
Total Quarterly Premium to be Billed Ps 11,589.50
Excess Premium (One-time) Ps 0.00
Sun MaxiLink Prime is a variable life insurance product until age 88 payable for 10 years*. 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 200% 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 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.
(vii) *Premium payment period of 10 years is not guaranteed. You may still be required to pay additional premium after 10 years if the fund value is
insufficient to pay the charges.

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.

Health insurance products (basic and riders) provide you the right to Cooling-Off Period for 15 days from receipt of corresponding policy document. If you
opted for an electronic policy contract, the right to Cooling-Off period is 20 days from the date the corresponding policy document was electronically
transmitted to you.

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 :      PORLEY, JEVELYN P. Date :      05 November 2020

Branch :      PHOENIX PALM    
This is only an illustration.
5.2 / 2.8 132192O051120201931043423098 Page 1 of 8
 VIVENCIA MONTECARLO EUCOGCO 53 (Female)
Sun MaxiLink Prime - Non-Smoker  
Face Amount: Ps 350,000.00 Total Initial Premium to be Billed : Ps 46,358.00

Fund Allocation
100% Equity 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 maximize yields on short to medium-term placements, while ensuring adequate liquidity for holders of the Fund.
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.

5.2 / 2.8 132192O051120201931043423098 Page 2 of 8
 VIVENCIA MONTECARLO EUCOGCO 53 (Female)
Sun MaxiLink Prime - Non-Smoker  
Face Amount: Ps 350,000.00 Total Initial Premium to be Billed : Ps 46,358.00

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) 10 11 12 13 14 15 16 17 18 19 (2019 vs (2019 vs (2019 vs
completed
2016) 2014) 2009)
calendar years)
Peso Balanced
26.92% 1.95% 23.20% 1.14% 11.81% -3.75% -2.74% 12.70% -9.89% 8.93% 8.27% 10.63% 3.56% 86.69%
(Dec. 6, 2004)
Peso Bond
10.69% 6.90% 6.56% 8.25% 0.16% -0.96% -0.90% 0.71% -5.32% 18.31% 5.36% 12.82% 10.72% 51.36%
(Sep. 13, 2004)
Peso Equity
36.98% 1.34% 30.97% 1.31% 19.73% -5.02% -1.78% 20.94% -9.46% 2.85% 10.31% 12.61% 5.06% 131.70%
(Sep. 13, 2004)
Peso Money Market
1.03% 0.50% 0.66% -0.34% -0.37% 0.10% -0.06% 0.60% 1.56% 2.64% 0.83% 4.86% 4.91% 6.45%
(Jun. 25, 2007)
MyFuture 2020
33.77% 1.84% 31.37% 2.88% 16.74% -4.10% -2.64% 9.01% -3.94% 5.56% 10.42% 10.53% 3.19% 121.84%
(Jun. 7, 2008)
MyFuture 2025
33.56% 2.25% 31.15% 2.97% 18.15% -5.51% -2.42% 14.71% -8.07% 7.05% 10.55% 12.89% 4.09% 126.81%
(Jun. 7, 2008)
MyFuture 2030
34.36% 1.61% 30.93% 2.10% 20.58% -5.05% -2.68% 16.78% -11.79% 7.83% 10.74% 11.07% 2.63% 125.85%
(Jun. 7, 2008)
MyFuture 2035
34.98% 1.71% 30.93% 3.31% 20.55% -4.86% -2.08% 17.67% -12.95% 6.91% 10.89% 9.52% 2.03% 128.42%
(Jun. 7, 2008)
MyFuture 2040
34.21% 1.94% 30.96% 3.14% 20.36% -4.79% -2.04% 20.54% -13.12% 6.40% 11.08% 11.43% 3.94% 131.16%
(Jun. 7, 2008)
Growth PLUS
N/A N/A N/A N/A N/A -12.09%* -2.81% 21.42% -15.18% -3.95% -0.98% -1.09% N/A N/A
(Apr. 8, 2015)
Index
N/A N/A N/A N/A N/A N/A 1.71%* 23.64% -13.52% 3.66% 3.49% 10.83% N/A N/A
(Jan. 25, 2016)
Captains
N/A N/A N/A N/A N/A N/A -6.56%* 14.24% -14.60% -7.42% -3.33% -9.67% N/A N/A
(Apr. 18, 2016)
Opportunity Tracker
N/A N/A N/A N/A N/A N/A N/A -0.46%* -12.14% 8.26% -2.47% 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.

5.2 / 2.8 132192O051120201931043423098 Page 3 of 8
 VIVENCIA MONTECARLO EUCOGCO 53 (Female)
Sun MaxiLink Prime - Non-Smoker  
Face Amount: Ps 350,000.00 Total Initial Premium to be Billed : Ps 46,358.00

Critical Illness Benefit

If the life insured has been diagnosed, while living, to have contracted any one or more of the following Critical Illnesses listed below or has
undergone any of the specified surgeries, then you will receive Ps 250,000.00*. The Critical Illness must occur more than 90 days after the date
the benefit comes into force and the diagnosis must occur before the earlier of the life insured's 70th birthday and the maturity date of the
policy.

The list of Critical Illnesses and those requiring surgery include:

Critical Illnesses
20. Major Burns
1. Acute Heart Attack
21. Major Head Trauma
2. Alzheimer's Disease
22. Medullary Cystic Disease
3. Amyotrophic Lateral Sclerosis(ALS)
23. Meningeal Tuberculosis
4. Aplastic Anaemia
24. Motor Neuron Disease
5. Bacterial Meningitis
25. Multiple Sclerosis
6. Benign Brain Tumour
26. Paralysis
7. Cerebral Metastasis
27. Parkinson's Disease
8. Coma
28. Progressive Bulbar Palsy (PBP)
9. Deafness
29. Progressive Muscular Atrophy (PMA)
10. Dissecting Aortic Aneurysm
30. Stroke
11. Encephalitis
31. Terminal Illness
12. End Stage Liver Failure
32. Total Blindness
13. End Stage Lung Disease
14. End Stage Renal Disease
Critical Illnesses Requiring Surgery
15. Fulminant Hepatitis
33. Coronary Artery Bypass Surgery
16. Guillain-Barre Syndrome
34. Major Organ Transplant
17. Invasive Cancer
35. Replacement of Heart Valve
18. Loss of Limbs
36. Surgery for Disease of the Aorta (Aorta Surgery)
19. Loss of Speech

We will not pay for claims arising from any of the following: (a) critical illnesses diagnosed within 90 days from the issue date of this benefit or
its last reinstatement, whichever is later; (b) any pre-existing or recurring critical illnesses which are diagnosed or which the life insured
contracted prior to the issue date of this benefit or date of last reinstatement; (c) congenital abnormalities; (d) any Human Immunodeficiency
Virus (HIV) and/or any HIV-related illness including Acquired Immune Deficiency Syndrome (AIDS) and/or any mutations, derivation or
variations thereof; (e) attempted suicide or self-inflicted injury while sane or insane; (f) taking or absorbing, accidentally or otherwise, any
intoxicating liquor, sedative or poison drug, narcotic or medicine, except as prescribed by a Doctor; and (g) inhaling any gas or fumes except if
inhalation is accidental AND in the course of duty.
Note: This benefit automatically renews every five years with a premium adjustment every 5th anniversary of the policy. We may change
the premium rate of this benefit from time to time but not more often than once a year, subject to the approval of the Insurance
Commission. We will advise you by written notice as to the new premium rate prior to the renewal date.

Premium Schedule
Critical Illness Benefit
Duration
Premium
1-5 4,175.00
6 - 10 6,197.50
11 - 15 8,582.50
16 - 17 11,455.00
*The CIB Face Amount will be subject to Financial Underwriting.

This is only an illustration.

5.2 / 2.8 132192O051120201931043423098 Page 4 of 8
 VIVENCIA MONTECARLO EUCOGCO 53 (Female)
Sun MaxiLink Prime - Non-Smoker  
Face Amount: Ps 350,000.00 Total Initial Premium to be Billed : Ps 46,358.00

Hospital Income Benefit

Once life insured is confined in the Hospital, as a result of Injury or Sickness, on the recommendation of a Physician as an in-patient, you will
receive Ps 1,000.00* as Daily Hospital Income. Such Hospital Confinement must occur before the earlier of the policy anniversary on or
following the life insured's 60th birthday and the maturity date of the policy.
Hospital Confinement due to Sickness must be for a minimum of three (3) days before we pay the Daily Hospital Income benefit from the first
day of hospitalization. If due to Injury, the waiting period will not apply, in which case, we will pay the benefit beginning on the first day of
Hospital Confinement.
We will pay twice the amount of Hospital Income Benefit if: (a) the life insured is confined in the Intensive Care Unit of the Hospital due to
Injury or Sickness; or (b) the Sickness which results in Hospital Confinement of the life insured is classified as a Dread Disease.
The covered Dread Diseases include only the following:

1. Acute Heart Attack 5. End Stage Renal Disease

9. Poliomyelitis
2. Chronic Liver Disease 6. Invasive Cancer
10. Progressive Muscular Atrophy (PMA)
3. Dissecting Aortic Aneurysm 7. Major Organ Transplant
11. Stroke
4. End Stage Lung Disease 8. Multiple Sclerosis

In case Hospital Confinement simultaneously qualifies the life insured for both Intensive Care and the Dread Disease, we will pay for only one
with the greater benefit amount.
We will pay the benefit during the continuance of the Hospital Confinement up to a maximum of 1,000 days.
If the benefits have become payable and the life insured is again confined to a Hospital due to the same or related Injury or Sickness, the
subsequent period of Hospital Confinement will be considered a continuation of the prior period. Benefits will commence on the first day of
such Hospital Confinement for an Injury or Sickness and the total combined Hospital Confinement will be subject to the 1,000 days maximum
period.
During the first 12 months from the effective date of this benefit or date of last reinstatement, we will provide no benefits for Hospital
Confinement resulting from Injury or Sickness for which the life insured received medical advice or treatment or medication within 12 months
prior to the effective date of this benefit or last reinstatement.
If the life insured has several policies with Hospital Income Benefit with us, the aggregate maximum of daily hospital income is Ps 10,000.
We will not pay any benefit for Hospital Confinement of the life insured caused by or resulting from any of the following: (a) attempted
suicide or self-inflicted injury while sane or insane; (b) war declared or undeclared, insurrection, riots, civil commotion or any hostile action of
armed forces; (c) abuse of drug or alcohol; (d) committing or attempting to commit a criminal offense; (e) nervous or mental disorder; (f)
pregnancy, childbirth, miscarriage or abortion or complication of any of these; (g) congenital deformities and defects; (h) routine physical
check-up and rest cures; (i) cosmetic or plastic surgery, except as a result of Injury and recommended by a Physician; and (j) any Human
Immunodeficiency Virus (HIV) and/or any HIV-related illness including Acquired Immune Deficiency Syndrome (AIDS) and/or mutations,
derivation or variations thereof.
Note: This benefit automatically renews every year with premiums at issue age rates. We may change the premium rate of this benefit
from time to time but not more than once a year, subject to the approval of the Insurance Commission. We will advise you by
written notice as to new premium rate prior to the renewal year.

The above information is intended as a general summary and for reference only. Please refer to the contract for the detailed description of the
terms, conditions, limitations and exclusions of the above rider.
*The HIB Face Amount will be subject to Financial Underwriting.

This is only an illustration.

5.2 / 2.8 132192O051120201931043423098 Page 5 of 8
 VIVENCIA MONTECARLO EUCOGCO 53 (Female)
Sun MaxiLink Prime - Non-Smoker  
Face Amount: Ps 350,000.00 Total Initial Premium to be Billed : Ps 46,358.00

Illustration of Rider Premiums

    Rider Premiums
End of Attained Premiums   Total Rider TDB* ADB^ CIB# HIB^^
Year Age Paid   Premiums
   
1 54 46,358 8,961 977 329 4,175 3,480
2 55 46,358 8,961 977 329 4,175 3,480
3 56 46,358 8,961 977 329 4,175 3,480
4 57 46,358 8,961 977 329 4,175 3,480
5 58 46,358 8,961 977 329 4,175 3,480
6 59 48,381 10,984 977 329 6,198 3,480
7 60 48,381 10,984 977 329 6,198 3,480
8 61 43,924 6,527 329 6,198
9 62 43,924 6,527 329 6,198
10 63 43,924 6,527 329 6,198
11 64 8,583 8,583 8,583
12 65 8,583 8,583 8,583
13 66 8,583 8,583 8,583
14 67 8,583 8,583 8,583
15 68 8,583 8,583 8,583
16 69 11,455 11,455 11,455
17 70 11,455 11,455 11,455
 
2 55 46,358 8,961 977 329 4,175 3,480
7 60 48,381 10,984 977 329 6,198 3,480
12 65 8,583 8,583 8,583
   
*TDB premium payment terminates at the earlier of attained age 60 and premium paying period.
^ADB premium payment terminates at the earlier of attained age 70 and premium paying period.
#CIB premium payment terminates at attained age 70.
^^HIB premium payment terminates at attained age 60.

This is only an illustration.

5.2 / 2.8 132192O051120201931043423098 Page 6 of 8
 VIVENCIA MONTECARLO EUCOGCO 53 (Female)
Sun MaxiLink Prime - Non-Smoker  
Face Amount: Ps 350,000.00 Total Initial Premium to be Billed : Ps 46,358.00

Illustration of Benefits - Equity 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 Premiums   Fund Value   Death Benefit
of Age Paid Charges**   4% 8% 10%   4% 8% 10%
Year              
 
1 54 46,358 36,545 10,416 11,025 11,330 710,416 711,025 711,330
2 55 46,358 29,292 29,045 31,281 32,421 729,045 731,281 732,421
3 56 46,358 21,967 55,880 60,754 63,281 755,880 760,754 763,281
4 57 46,358 16,423 89,420 98,305 102,991 789,420 798,305 802,991
5 58 46,358 16,434 124,257 138,779 146,572 824,257 838,779 846,572
6 59 48,381 14,743 164,311 186,427 198,496 864,311 886,427 898,496
7 60 48,381 14,809 205,859 237,731 255,428 905,859 937,731 955,428
8 61 43,924 10,414 248,883 292,817 317,656 948,883 992,817 1,017,656
9 62 43,924 10,797 293,192 351,810 385,564 993,192 1,051,810 1,085,564
10 63 43,924 11,713 343,250 420,213 465,351 1,043,250 1,120,213 1,165,351
11 64 8,583 14,837 350,392 446,849 504,649 1,050,392 1,146,849 1,204,649
12 65 8,583 15,695 356,937 474,674 546,886 1,056,937 1,174,674 1,246,886
13 66 8,583 16,385 363,032 503,954 592,526 1,063,032 1,203,954 1,292,526
14 67 8,583 16,951 368,787 534,933 642,032 1,068,787 1,234,933 1,342,032
15 68 8,583 17,400 381,573 577,734 707,405 1,081,573 1,277,734 1,407,405
16 69 11,455 20,624 387,284 613,749 767,428 1,087,284 1,313,749 1,467,428
17 70 11,455 20,927 392,908 652,263 833,000 1,092,908 1,352,263 1,533,000
18 71 9,802 398,209 693,028 904,113 1,098,209 1,393,028 1,604,113
19 72 10,212 403,298 736,551 981,745 1,103,298 1,436,551 1,681,745
  20 73 10,741 415,989 796,432 1,083,874 1,115,989 1,496,432 1,783,874
2 55 46,358 29,292 29,045 31,281 32,421 729,045 731,281 732,421
7 60 48,381 14,809 205,859 237,731 255,428 905,859 937,731 955,428
12 65 8,583 15,695 356,937 474,674 546,886 1,056,937 1,174,674 1,246,886
*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 65% of annual regular premium on the first policy year and 5% of annual regular
premium from the second to the fifth year, all excess premiums shall be subject to a premium charge of 5%; (b) monthly periodic charge of
40% of the annual regular premium on the second year, 20% on the third year and 5% on the fourth and fifth; (c) monthly insurance charge of
200% of the Face Amount multiplied by the insurance rate determined by the Company, plus additional benefit premiums, if any; and (d) 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.

5.2 / 2.8 132192O051120201931043423098 Page 7 of 8
 VIVENCIA MONTECARLO EUCOGCO 53 (Female)
Sun MaxiLink Prime - Non-Smoker  
Face Amount: Ps 350,000.00 Total Initial Premium to be Billed : Ps 46,358.00

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:
Equity Fund (100%) - The fund is designed to produce long term capital appreciation through investment in high quality stocks that
are diversified across sectors.
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.

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Alternative Product Offering: Sun MaxiLink 100
P R O D U C T      H I G H L I G H T S
What is Sun MaxiLink 100?
Sun MaxiLink 100 is a regular pay, investment-linked life insurance product that provides protection until
age 100. It offers insurance coverage equal to 200% of 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. It invests in Peso-denominated funds and is offered through Sun Life of Canada
(Philippines), Inc.
You may request proposal information from your Sun Life Advisor for more details on the product
features and benefits.
What are the key risks of this product?
Purchasing an investment-linked life insurance product has its advantages and trade-offs. As an investment-
linked product, the policy owner must understand that the product may be subject to investment risks
which include, but are not limited to credit risk, mark-to-market risk, taxation risk, regulatory risk, currency
risk, interest rate risk, liquidity risk and default risk which could affect the value of the policy. SLOCPI is
guided by the Funds' investment objectives in managing these risks; however, this does not guarantee
investment returns nor protection against capital loss. To further understand the nature of said risks, a
table of definition is provided in the succeeding Product Highlights page.
What are the fees and charges for this product?
During the policy's tenure, the investment fund is subject to Fund Management Charge, Monthly Periodic
Charge and Cost of Insurance Charge. Surrender Charge may also be incurred in the event of partial or full
withdrawal of the policy's Fund Value. You may refer to the details of the charges on the Illustration of
Benefits of the Product Proposal document.
How often will my investment fund be assessed or valued?
The performance of the investment fund associated with this product is valued every working day. For any
financial transactions, the next day's unit price is used as reference. Rates or Net Asset Value Per Unit are
available daily via www.sunlife.com.ph and published in a broadsheet (i.e. Philippine Star) every week.
Can I withdraw from my Fund Value in case of an emergency?
Yes, you can make partial withdrawals from your Fund Value when necessary. Depending on the policy
year when the withdrawal is made, the amount to be withdrawn may be subject to applicable charges.
Incidentally, taking out funds from your policy diminishes your death benefit and may also result to the
possible termination of your policy, in case the remaining Fund Value is no longer sufficient to cover the
applicable policy charges.
In the event that you withdraw your Fund Value in full, your policy will be deemed surrendered and
terminated. Note, that surrendering your policy may be more disadvantageous than beneficial to you, as
you may not only incur surrender charges but you also lose potential investment earnings as well as the
benefit of having life insurance protection. Likewise, when you decide to apply again for life insurance
coverage, the merits of your application will be based on your attained age and health condition at the
time of application which may result to higher premium rates, exposure to medical examinations, and
possible coverage exclusions.
We encourage you to maintain your policy for your financial benefit. Moreover, if you keep it in-force for
at least 10 years, you may receive a Loyalty Bonus in the form of unit credits at the end of the 10th year
and every 5 years thereafter.
Alternative Product Offering: Sun MaxiLink 100
P R O D U C T      H I G H L I G H T S
Disclosure of Conflict of Interest:
Sun Life of Canada (Philippines), Inc. or SLOCPI makes investment decisions for the funds based on the
circumstances of each fund and independently of decisions made for other funds. There are times when
SLOCPI may take the same investments for a fund and one or more other funds. This may create a conflict
of interest if there is only a limited amount of the investment available, or if the investment is purchased
at different times or at different prices for different funds. If this happens, SLOCPI will attempt to allocate
the investment fairly between the fund and other funds. Factors SLOCPI considers in allocations include
the size and timing of previous allocations, whether the security meets the objectives of the respective
portfolios, the relative portfolio size and the rate of growth of the portfolios.
DEFINITION OF INVESTMENT RISKS
Credit Risk This risk refers to the probability that a counterparty to an investment may
not be able to fulfill its obligations accordingly, resulting to an adverse effect
on the value of a money market or debt security such as a bond.
Currency Risk This risk refers to the probability that the value of investments held in foreign
(or Foreign Exchange Risk) currencies, such as the US Dollar, may fluctuate against the local currency or
Philippine Peso due to changing interest rates and inflation rates. This risk may
also occur when foreign governments restrict currency exchange, impeding
cash distributions or processing of fund redemptions.
Interest Rate Risk This risk refers to the possibility that the value of an investment with holdings
in fixed-income securities such as bonds may rise and fall as interest rates
change. When interest rates fall, the value of an existing bond rises. On the
contrary, when interest rates rise, the value of an existing bond generally falls.
Liquidity Risk This risk refers to the possibility that assets or securities may not be bought or
sold within a desired time and at fair value, which in turn may affect the value
of an investment or satisfy investment purchase and redemption services of
SLOCPI to its policy holders.
Market Risk This risk refers to the probability that the market value of an investment will
rise or fall based on overall market conditions. The value of the market can
vary with changes in the general economic and financial conditions as well as
political, social and environmental factors.
Regulatory Risk This risk refers to the probability that certain laws and regulations applicable
to investments, including income tax and securities laws, and the
administrative policies and practices of regulatory authorities may change in a
manner that adversely affects the value of an investment.
Taxation Risk This risk refers to the probability that the application of tax on investment
may differ from jurisdiction to jurisdiction and tax treatment may change
before the maturity or redemption date of an investment. For more
information on the effects of tax on the acquisition, ownership or liquidation
of investment funds, it is best for the customer to consult a personal,
independent tax adviser.