Sun MaxiLink 100

Make a bright choice with Sun MaxiLink 100, an investment-linked life insurance product that primarily helps address your
need for:

Sun MaxiLink 100 lets you enjoy these benefits:

LIFETIME INSURANCE COVERAGE
Secure your family's future with life insurance protection until age 100. 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
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) SUPPLEMENTARY BENEFITS (RIDERS)

FACE AMOUNT 1,000,000.00 TOTAL DISABILITY BENEFIT (TDB)
INITIAL LIFE INSURANCE COVERAGE 1 2,021,097.00 ACCIDENTAL DEATH BENEFIT (ADB) 500,000.00
1 Initial
Life Insurance Coverage refers to the death benefit at the end of Month 1 based on HOSPITAL INCOME BENEFIT (HIB) 2,500.00
current charges.
FEMALE CRITICAL ILLNESS AND MATERNITY 500,000.00
BENEFIT (FCM)

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.

Fund performance of investment-linked insurance products may vary, as such returns are not assured. Before obtaining a
policy ensure that you understand the benefits and risks of this product.
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 refer to Page 1: Proposal Information and Page 2: Investment Fund Description of the Product
Proposal document for more details on the product features and benefits, as well as information on your
chosen investment fund.
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.
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.
 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 :      ALYSSA MARIE F. CASTILLON Age Last Birthday :      27 (Female)
Currency :       Philippine Peso
Basic Plan Benefit Amount Regular Premium
Sun MaxiLink 100 - Non-Smoker Ps 1,000,000.00 Ps 34,170.00
Additional Benefits
Total Disability Benefit (Waiver of Premium) - TDB Ps 2,230.00
Accidental Death Benefit - ADB Ps 500,000.00 Ps 620.00
Hospital Income Benefit - HIB Ps 2,500.00 /day Ps 5,875.00
Female Critical Illness and Maternity Benefit - FCM Ps 500,000.00 Ps 6,935.00
Class: Standard Total Initial Annual Regular Premium Ps 49,830.00
Annual Excess Premium (to be Billed Regularly) Ps 170.00
Total Initial Annual Premium (to be Billed Ps 50,000.00
Regularly)
Excess Premium (One-time) Ps 0.00
Sun MaxiLink 100 is a variable life insurance product until age 100, payable while life insured lives. 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 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 and mode of payment is annual.
(iii) The above values are illustrations only of the key features of the recommended insurance plans. This illustration may differ from any earlier
proposal illustration.
(iv) 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.
(v) 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.
(vi) Additional payment may be required if the Fund Value is not sufficient 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.

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 :      KARTHOLI, ICYL B. Date :      08 November 2019

Branch :      TREE OF LIFE    
This is only an illustration.
4.4 / 1.4 126199O081120191141057487422 Page 1 of 10
 ALYSSA MARIE F. CASTILLON 27 (Female)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 1,000,000.00 Total Initial Premium to be Billed : Ps 50,000.00

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.

4.4 / 1.4 126199O081120191141057487422 Page 2 of 10
 ALYSSA MARIE F. CASTILLON 27 (Female)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 1,000,000.00 Total Initial Premium to be Billed : Ps 50,000.00

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.

4.4 / 1.4 126199O081120191141057487422 Page 3 of 10
 ALYSSA MARIE F. CASTILLON 27 (Female)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 1,000,000.00 Total Initial Premium to be Billed : Ps 50,000.00

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 2,500.00* 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.

4.4 / 1.4 126199O081120191141057487422 Page 4 of 10
 ALYSSA MARIE F. CASTILLON 27 (Female)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 1,000,000.00 Total Initial Premium to be Billed : Ps 50,000.00

Female Critical Illness and Maternity Benefits

Once the life insured is diagnosed to be suffering from any one or more of the following diseases as defined in the benefit provisions or has
undergone any of the specified surgeries or diagnosed to have any of the specified pregnancy complications or delivers a child, you will receive
a percentage of Ps 500,000.00 (Female Benefit Amount), as specified below, subject to an aggregate maximum amount in respect of all policies
with us covering these benefits.

  Summary of Benefits Benefit Maximum Amount

for Multiple
Policies**
Female (1) Cancer* of the Breast, Cervix Uteri, Uterus, Ovary, Fallopian Tube or Ps 125,000.00 Ps 500,000.00      
Critical Vagina or Carcinoma-in-situ of the Uterine Corpus, Ovary, Fallopian Tube or
Illness Vagina must actually undergo required operation
Benefit (2) Systemic Lupus Erythematosus (S.L.E.) Ps 125,000.00 Ps 500,000.00      
(3) Rheumatoid Arthritis Ps 75,000.00 Ps 300,000.00      
(4) Severe Osteoporosis Ps 50,000.00 Ps 200,000.00      
(5) Hysterectomy or Dilatation and Curettage Ps 25,000.00 Ps 100,000.00 ***
(6) Major Plastic Surgery Benefit due to Accidents Ps 50,000.00 Ps 200,000.00      
(7) Skin Transplantation Benefit due to Accidental Burning Ps 50,000.00 Ps 200,000.00      
Maternity (8) Pregnancy Complications* Ps 50,000.00 Ps 200,000.00      
Benefit   (a) Disseminated Intravascular Coagulation (D.I.C.)
  (b) Ectopic Pregnancy
  (c) Hydatidiform Mole
(9) Benefit for Every Child Delivered (maximum of three) Ps 10,000.00 Ps 40,000.00      
For Female Critical Illness Benefit covering benefits:
(1), (2), (3), (4) and (5), the diagnosis must occur at least 90 days after the date of issue of the policy or date of last reinstatement
whichever is later.
(5), the life insured must have been diagnosed of the necessity of and must actually undergo Hysterectomy or Dilatation and
Curettage.
(6) and (7), for the injury sustained due to accident requiring Major Plastic Surgery or Skin Transplantation, the life insured must
actually undergo surgery or skin transplantation.

For Maternity Benefit covering benefits:

(8) and (9), the diagnosis and child birth should occur at least 12 months after the date of issue of the policy or date of last
reinstatement, whichever is later.

* We will not pay benefit under this benefit in respect of more than one illness. Payment of any one of the cancer types and any one of the
Pregnancy Complications will terminate Benefits (1) and (8) respectively.

** If the life insured has several policies with (a) Female Critical Illness Benefit, (b) Female Critical Illness and Maternity Benefits, (c) Female
Benefit and/or (d) Female and Maternity Benefits with us, the aggregate maximum in respect of all policies covering the life insured for each
benefit shall not exceed the amounts in the last column of the table above.

*** For Hysterectomy and Dilatation and Curettage, the aggregate maximum payout is Ps 100,000.00, provided that the aggregate maximum
benefit payable for Dilatation and Curettage does not exceed Ps 25,000.00 per life insured.

Coverage for each benefit under the Female Critical Illness Benefit and Pregnancy Complications automatically terminates when the said
benefit becomes payable.

In the event that two or more related diseases and/or surgery concur, we will pay only for one with the highest benefit.

We will provide 5 free diagnostic procedures. Within the first ten (10) policy years, the life insured may avail of these diagnostic procedures
once every policy year for five policy years. Availment should commence after the first policy anniversary. The diagnostic procedures provided
will be determined by and subject to conditions specified by us. The diagnostic procedures must also be performed at medical clinics
appointed by us.

Please refer to the Benefits Provisions of the policy contract for the detailed description of the terms, conditions, limitations and exclusions of
the Female Critical Illness and Maternity Benefits

This is only an illustration.

4.4 / 1.4 126199O081120191141057487422 Page 5 of 10
 ALYSSA MARIE F. CASTILLON 27 (Female)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 1,000,000.00 Total Initial Premium to be Billed : Ps 50,000.00

Premium Schedule

Female Critical Illness and

Duration Maternity Benefit
Premium
1-5 6,935.00
6 - 10 6,270.00
11 - 15 5,995.00
16 - 20 6,290.00
21 - 25 6,635.00
26 - 30 6,775.00
31 - 35 6,915.00
36 - 38 7,100.00

Note: The benefit renews every 5 years with a changed premium but can only be kept in force until the date shown in Policy Details. We
may change the premium rate of the benefit from time to time but not more often than once a year, and only subject to the prior
approval of the Insurance Commission. We will advise the owner by written notice as to the new premium rate prior to the
renewal date.

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

Exclusion for Female Critical Illness and Maternity

We will not pay for claims resulting directly or indirectly from, or arising from, or caused or contributed by, any of the following: (a) any pre-
existing Condition or recurring diseases which are diagnosed or which the life insured contracted or surgery undergone prior to the effective
date of the policy or date of last reinstatement, whichever is later, unless such disease or surgery was disclosed in the application; or (b) any
Human Immunodeficiency Virus (HIV) and/or any HIV-related illnesses including Acquired Immune Deficiency Syndrome (AIDS) and/or any
mutations, derivation or variations thereof; or (c) any congenital defect; or (d) attempted suicide or self-inflicted injury while sane or insane; or
(e) any type or form of cancer for which the life insured has had prior to the date of issue of the policy or date of last reinstatement, whichever
is later; or (f) intoxication by alcohol or drugs not prescribed by a registered doctor.

For purposes of exclusion a) above, pre-existing condition means any condition or illness: which existed or was existing; or where its cause
existed or was existing; or where the life insured had knowledge, received treatment or medical consultation of the condition or disease; or
where any laboratory test or investigation showed the likely presence of the condition or illness; prior to the date of issue of the policy, or date
of last reinstatement, whichever is later.

We will not pay for claims under Benefits (6) and (7) directly or indirectly caused by or resulting from any of the following: (a) violation or
attempted violation of the law or resistance to arrest or participation in any criminal act; or (b) war (whether declared or undeclared), civil war
or any warlike operations; or (c) flying or attempting to fly in, or using or attempting to use, an aerial device of any description, other than as a
passenger on a regular schedule airline or licensed charter aircraft; or (d) engaging in hazardous sports including mountaineering necessitating
the use of ropes or guides, parachuting, scuba diving or other underwater pastimes, any kind of racing on horse or wheel, any form of combat,
other than those stated in the application; or (e) becoming directly involved as a member of the armed forces of any military or usurped power
in any war, civil war, revolution, insurrection or civil commotion; or (f) participation or attempted participation in any riot, strike commotion
or civil commotion; or (g) attempted suicide or self-inflicted injury while sane or insane; or (h) assault or murder; or (i) physical or mental
infirmity or any disease; or (j) intoxication by alcohol or drugs not prescribed by a registered doctor.

Please refer to the Benefits Provisions of the policy contract for the detailed description of the terms, conditions, limitations and exclusions of
the Female Critical Illness and Maternity Benefits

This is only an illustration.

4.4 / 1.4 126199O081120191141057487422 Page 6 of 10
 ALYSSA MARIE F. CASTILLON 27 (Female)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 1,000,000.00 Total Initial Premium to be Billed : Ps 50,000.00

Illustration of Rider Premiums

    Rider Premiums
End of Attained Premiums   Total Rider TDB* ADB^ HIB^^ FCM##
Year Age Paid   Premiums
   
1 28 49,830 15,660 2,230 620 5,875 6,935
2 29 49,830 15,660 2,230 620 5,875 6,935
3 30 49,830 15,660 2,230 620 5,875 6,935
4 31 49,830 15,660 2,230 620 5,875 6,935
5 32 49,830 15,660 2,230 620 5,875 6,935
6 33 49,165 14,995 2,230 620 5,875 6,270
7 34 49,165 14,995 2,230 620 5,875 6,270
8 35 49,165 14,995 2,230 620 5,875 6,270
9 36 49,165 14,995 2,230 620 5,875 6,270
10 37 49,165 14,995 2,230 620 5,875 6,270
11 38 48,890 14,720 2,230 620 5,875 5,995
12 39 48,890 14,720 2,230 620 5,875 5,995
13 40 48,890 14,720 2,230 620 5,875 5,995
14 41 48,890 14,720 2,230 620 5,875 5,995
15 42 48,890 14,720 2,230 620 5,875 5,995
16 43 49,185 15,015 2,230 620 5,875 6,290
17 44 49,185 15,015 2,230 620 5,875 6,290
18 45 49,185 15,015 2,230 620 5,875 6,290
19 46 49,185 15,015 2,230 620 5,875 6,290
20 47 49,185 15,015 2,230 620 5,875 6,290
 
28 55 49,670 15,500 2,230 620 5,875 6,775
33 60 49,810 15,640 2,230 620 5,875 6,915
38 65 41,890 7,720 620 7,100
   
*TDB premium payment terminates at attained age 60.
^ADB premium payment terminates at attained age 70.
^^HIB premium payment terminates at attained age 60.
##FCM premium payment terminates at attained age 65.

This is only an illustration.

4.4 / 1.4 126199O081120191141057487422 Page 7 of 10
 ALYSSA MARIE F. CASTILLON 27 (Female)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 1,000,000.00 Total Initial Premium to be Billed : Ps 50,000.00

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 28 49,830 45,683 4,638 5,137 5,388 2,004,638 2,005,137 2,005,388
2 29 49,830 37,168 18,612 20,478 21,430 2,018,612 2,020,478 2,021,430
3 30 49,830 21,818 48,802 53,009 55,191 2,048,802 2,053,009 2,055,191
4 31 49,830 21,845 80,141 88,056 92,224 2,080,141 2,088,056 2,092,224
5 32 49,830 21,871 112,674 125,814 132,849 2,112,674 2,125,814 2,132,849
6 33 49,165 21,233 146,436 166,470 177,387 2,146,436 2,166,470 2,177,387
7 34 49,165 21,260 181,485 210,276 226,250 2,181,485 2,210,276 2,226,250
8 35 49,165 21,287 217,872 257,478 279,861 2,217,872 2,257,478 2,279,861
9 36 49,165 21,314 255,650 308,341 338,685 2,255,650 2,308,341 2,338,685
10 37 49,165 21,340 299,299 368,294 408,781 2,299,299 2,368,294 2,408,781
11 38 48,890 17,675 343,709 431,374 483,811 2,343,709 2,431,374 2,483,811
12 39 48,890 17,702 389,823 499,356 566,147 2,389,823 2,499,356 2,566,147
13 40 48,890 17,729 437,705 572,623 656,503 2,437,705 2,572,623 2,656,503
14 41 48,890 17,755 487,426 651,588 755,663 2,487,426 2,651,588 2,755,663
15 42 48,890 17,983 547,572 747,701 877,038 2,547,572 2,747,701 2,877,038
16 43 49,185 18,547 601,072 839,843 997,247 2,601,072 2,839,843 2,997,247
17 44 49,185 18,847 656,349 938,873 1,128,890 2,656,349 2,938,873 3,128,890
18 45 49,185 19,184 713,437 1,045,292 1,273,048 2,713,437 3,045,292 3,273,048
19 46 49,185 19,568 772,358 1,159,628 1,430,893 2,772,358 3,159,628 3,430,893
  20 47 49,185 19,989 847,281 1,302,811 1,628,321 2,847,281 3,302,811 3,628,321
28 55 49,670 25,508 1,431,763 2,734,990 3,837,692 3,431,763 4,734,990 5,837,692
33 60 49,810 26,570 1,899,496 4,204,514 6,379,499 3,899,496 6,204,514 8,379,499
38 65 41,890 28,041 2,450,935 6,353,411 10,467,151 4,450,935 8,353,411 12,467,151
*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 80% of annual regular premium on the first policy year, 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, 5% from the third to the tenth year; (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.

4.4 / 1.4 126199O081120191141057487422 Page 8 of 10
 ALYSSA MARIE F. CASTILLON 27 (Female)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 1,000,000.00 Total Initial Premium to be Billed : Ps 50,000.00

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 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 Charges**   Fund Value   Death Benefit
of Age Paid   4% 8% 10%   4% 8% 10%
Year              
1 28 50,000 45,692 4,806 5,311 5,565 2,004,806 2,005,311 2,005,565
2 29 50,000 37,176 18,954 20,840 21,802 2,018,954 2,020,840 2,021,802
3 30 50,000 21,826 49,326 53,574 55,777 2,049,326 2,053,574 2,055,777
4 31 50,000 21,853 80,853 88,838 93,044 2,080,853 2,088,838 2,093,044
5 32 50,000 21,880 113,581 126,831 133,927 2,113,581 2,126,831 2,133,927
6 33 49,335 21,242 147,546 167,741 178,747 2,147,546 2,167,741 2,178,747
7 34 49,335 21,269 182,806 211,821 227,920 2,182,806 2,211,821 2,227,920
8 35 49,335 21,295 219,413 259,317 281,872 2,219,413 2,259,317 2,281,872
9 36 49,335 21,322 257,418 310,498 341,070 2,257,418 2,310,498 2,341,070
10 37 49,335 21,349 301,334 370,830 411,614 2,301,334 2,370,830 2,411,614
11 38 17,675 295,029 381,397 433,252 2,295,029 2,381,397 2,433,252
12 39 17,702 288,450 392,762 456,977 2,288,450 2,392,762 2,456,977
13 40 17,729 281,588 404,988 482,993 2,281,588 2,404,988 2,482,993
14 41 17,755 274,432 418,141 511,524 2,274,432 2,418,141 2,511,524
15 42 17,983 272,465 440,068 552,026 2,272,465 2,440,068 2,552,026
16 43 18,547 264,145 455,138 586,472 2,264,145 2,455,138 2,586,472
17 44 18,847 255,193 471,073 623,969 2,255,193 2,471,073 2,623,969
18 45 19,184 245,550 487,902 664,777 2,245,550 2,487,902 2,664,777
19 46 19,568 235,139 505,648 709,171 2,235,139 2,505,648 2,709,171
20 47 19,989 228,894 533,932 770,376 2,228,894 2,533,932 2,770,376
 
28 55 25,508 100,582 738,969 1,377,866 2,100,582 2,738,969 3,377,866
33 60 934,876 2,063,914 2,934,876 4,063,914
38 65 1,247,680 3,199,286 3,247,680 5,199,286
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 duration 32. If premium payment is not made on duration 33, 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 80% of annual regular premium on the first policy year, 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, 5% from the third to the tenth year; (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 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.

4.4 / 1.4 126199O081120191141057487422 Page 9 of 10
 ALYSSA MARIE F. CASTILLON 27 (Female)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 1,000,000.00 Total Initial Premium to be Billed : Ps 50,000.00

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.

4.4 / 1.4 126199O081120191141057487422 Page 10 of 10