DIVERSIFY PESO VER.

2
PRODUCT HIGHLIGHT SHEET

1. WHAT ARE YOU INVESTING IN AND WHO ARE YOU INVESTING WITH?
DIVERSIFY PESO VER. 2 is a regular-pay peso-denominated variable unit-linked (VUL) life insurance plan of ALLIANZ PNB LIFE INSURANCE, INC. This product brings together the
opportunities of investing in expertly managed funds while providing you with lifetime insurance protection.
2. WHAT ARE THE KEY BENEFITS FROM THIS INVESTMENT?
Life Insurance Component:
• This plan provides life insurance coverage. Since the Increasing Death Benefit option was chosen, the death benefit is the sum of the Total Fund Value and the Total
  Sum Assured.The Total Sum Assured is 2,000% of Regular Premium plus 125% of each Subsequent Top-Up Premiums.
  Note that the Owner may elect an Insured other than himself.
Investment component:
• The Total Fund Value is based on your premiums less charges; less withdrawals; plus earnings of the Fund/s chosen.
• Your investment is used to purchase units in any of the available funds. Each fund's performance may vary and presents a different level of risk for the client.
i. Peso Balanced Fund (PBF) v. Peso-Hedged Global Sustainability Equity Fund (PHGSEF)
The Fund aims to achieve long term capital and income growth, by investing The Fund aims to achieve long-term capital growth by investing in Allianz
in both Philippine Peso-denominated fixed income securities and a Global Sustainability Fund, which is geared towards generating long-term
concentrated portfolio of stocks listed in the Philippine Stock Exchange. capital growth by investing in global equity markets of developed countries
with a focus on companies with sustainable business practices namely,
ii. Peso Dynasty Equity Fund (PDEF) business practices which are environmentally friendly and socially
The Fund is a peso denominated equity fund that seeks long-term capital responsible. The policyholder's Peso funds will be invested in a USD-
appreciation by investing in a customized basket of stocks listed on the denominated underlying asset. The fund shall apply a hedging mechanism via
Philippine Stock Exchange (1) that are considered highly liquid and actively forwards that will minimize the impact of Peso - USD exchange rate
traded; and (2) of companies owned and/or controlled by business of Chinese fluctuation.
ethnic origins. vi. Peso Money Market Fund (PMMF)
iii. Peso Equity Fund (PEF) The Fund is designed to ensure capital preservation and liquidity while still
The Fund aims to attain long term capital growth, investing in a concentrated earning yields on short-term placements. The Fund will invest only in cash
portfolio of stocks listed in the Philippine Stock Exchange. and near-cash investments with an investment horizon of up to one (1) year.
This Fund will provide a safe haven to clients during times of market volatility
iv. Peso Fixed Income Fund (PFIF) or while waiting for an opportunity to invest in the other Peso funds.
The Fund aims to achieve preservation of capital and income growth over a vii. Peso Multi-Sector Equity Fund (PMSEF)
period of time by investing in a diversified portfolio of Philippine Peso
denominated fixed income instruments. The Fund is a peso denominated equity fund that seeks long-term capital
appreciation by investing in a diversified basket of stocks listed in the
Philippine Stock Exchange that are considered highly liquid, actively traded,
and belong to the top companies in each of the six (6) sector indices.
viii. Peso Optimized Dividend Equity Fund (PODEF)
The Fund is a peso denominated equity fund that seeks dividend income and
capital appreciation by investing in a customized basket of no more than
twenty (20) companies listed in the Philippine Stock Exchange with 1) a
history of regular declaration of dividends; 2) that have recently provided the
highest dividend yields; and 3) are considered very liquid and actively traded.
3. WHAT ARE THE KEY RISKS OF THIS INVESTMENT?
DIVERSIFY PESO VER. 2 is a VUL product which is an insurance policy with an inseparable investment component which allows the policyholder to invest in any of the available funds.
Like all other financial products, VULs have their advantages and trade-offs.
As an investment-linked insurance product, the policyholder must understand and realize that the product is subject to certain risks, such as, but not limited to investment, credit,
currency, interest rate, liquidity, mark-to-market, regulatory, and taxation risks which could affect the account or fund value of the whole VUL policy.
Allianz PNB Life Insurance, Inc. is guided by the investment policies approved by the Insurance Commission (IC) including the IC-issued “Guidelines on Variable Life Insurance
Contracts”. The supervision and regulation by the IC, however, does not guarantee the investment returns nor protection of the VUL policy against capital loss.
For a better understanding of the nature of these aforementioned risks, a table of Definition of Risks is provided in the succeeding page.
4. WHAT ARE THE FEES AND CHARGES FOR THIS INVESTMENT?
The following are the charges for this investment:

a. Premium charge (% of regular premium) – 50% on the first year, 10% on the second year, 5% on the third to fifth year, and 0% on 6th year onwards.
b. Premium policy fee (% of regular premium charged monthly) - 1.50% per month for the first two years, 1% per month on the third year, 0.5% per month on the fourth to
tenth year, and 0.05% per month on 11th year onwards.
c. Top-up charge – 6% of Top-up premium
d. Top-up set-up charge – PHP 600 charged to Top-up premium
e. Monthly insurance charge – This charge includes the cost of providing insurance for your policy and the rider insurance charge(s) for any selected riders attached to it. This is
charged to your Total Fund Value by deducting the appropriate number of units from this. This charge may increase or decrease depending on the performance of your
fund and the level of benefit of your chosen riders attached to your policy, if any.
f. Fund management charge –This charge is already reflected in the published Net Asset Value Price per Unit (NAVPU) and is based on an annual rate of:
• 1.75% for Peso Balanced Fund (PBF) • 2.20% for Peso-Hedged Global Sustainability Equity Fund (PHGSEF)
• 2.00% for Peso Dynasty Equity Fund (PDEF) • 0.50% for Peso Money Market Fund (PMMF)
• 2.20% for Peso Equity Fund (PEF) • 2.00% for Peso Multi-Sector Equity Fund (PMSEF)
• 1.50% for Peso Fixed Income Fund (PFIF) • 2.00% for Peso Optimized Dividend Equity Fund (PODEF)
g. Partial withdrawal charge – You have four (4) free partial withdrawals per year. Subsequent withdrawals will be subject to a fee of PHP 200 each.
h. Fund switching charge – You have to two (2) free fund switching allowed per year. Each subsequent switching will be subject to an administration fee equal to the higher of
PHP 500 or 1.0% of the amount switched.
Subject to prior approval by the Insurance Commission, the Company reserves the right to impose additional charges or change any of the above-mentioned charges by giving the
Owner at least thirty (30) days prior notice.
5. HOW OFTEN ARE VALUATIONS AVAILABLE?
Fund valuation will be on a daily basis. The frequency of the Fund valuation is at the absolute discretion of the Company, but will not be less frequent than monthly. This is published in
a major daily newspaper and company website at www.allianzpnblife.ph.

STANDARD DISCLOSURE STATEMENT:   THIS IS NOT A DEPOSIT PRODUCT. EARNINGS ARE NOT ASSURED AND PRINCIPAL AMOUNT INVESTED IS EXPOSED TO RISK OF LOSS. THIS
PRODUCT CANNOT BE SOLD TO YOU UNLESS ITS BENEFITS AND RISKS HAVE BEEN THOROUGHLY EXPLAINED. IF YOU DO NOT FULLY UNDERSTAND THIS PRODUCT, DO NOT
PURCHASE OR INVEST IN IT.

I CONFIRM THAT I HAVE READ AND UNDERSTOOD THIS PRODUCT HIGHLIGHT SHEET FOR DIVERSIFY PESO VER. 2 FROM ALLIANZ PNB LIFE INSURANCE, INC.

Jinkie Filecima M. Roa    

Applicant Owner's Name Applicant Owner's Signature Date
 
A Variable Unit-Linked Life Insurance Proposal specially designed for Ms. Jinkie Filecima M. Roa. Generated on 09/08/2019 Page 1 of 6 - [SEP19RPPF150]
  DIVERSIFY PESO VER. 2
PRODUCT HIGHLIGHT SHEET

6. HOW CAN YOU EXIT FROM THIS INVESTMENT, WHAT ARE THE RISKS AND COSTS IN DOING SO?
If you are not completely satisfied with the policy that you purchased, you may return it within fifteen (15) days of receipt of policy together with a signed written notice requesting
cancellation. After this period, you may surrender this Policy and receive the Total Fund Value based on the next NAVPU. You may also withdraw a portion of your Fund or switch from
one Fund to another, subject to the charges stated above.
7. HOW DO YOU CONTACT US?
Allianz PNB Life Head Office is at 9F Allied Bank Center, 6754 Ayala Ave corner Legaspi St., Makati City, Philippines Trunkline No.: (63 2) 818-LIFE (5433); Domestic Trunkline No.: 1-800-
10-818-LIFE (5433); Fax No.: (63 2) 818-2701; Email: info@allianzpnblife.ph. Allianz PNB Life Regional Business Centers are also located in Manila, La Union, Pampanga, Cebu, Iloilo,
Davao and Zamboanga. Please visit www.allianzpnblife.ph for more details.
8. WHAT OTHER IMPORTANT INFORMATION SHOULD YOU KNOW BEFORE YOU INVEST?
Financial products of Allianz PNB Life Insurance, Inc. are not insured by the Philippine Deposit Insurance Corporation and are not guaranteed by the Philippine National Bank and Allianz
S.E.
DISCLOSURE OF CONFLICT OF INTEREST
The Manager of the available Funds makes investment decisions based on the circumstances of each Fund and independently of decisions made for other funds.There are times when the
Manager may take the same investments for a Fund and one or more 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, the Manager will attempt to allocate the investment fairly between the Fund and other
funds. Factors the Manager considers in allocations include the size and timing of previous allocation, whether the security meets the objectives of the respective portfolios, the relative
portfolio size and the rate of growth of the portfolios.
DEFINITION OF RISKS
 

Investment Risk This risk refers to the probability or likelihood of occurrence of losses relative to the expected return on any particular investment.

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
Credit Risk
effect on the value of a money market or debt security such as a bond.

The risk refers to the probability that the value of investments held in foreign currencies, such as the US Dollar, may fluctuate against the local
Currency Risk (or Foreign Exchange
currency or Philippine Peso due to changing interest rates and inflation rates. This risk may also occur when foreign governments restrict currency
Risk)
exchange, impeding cash distributions or processing of fund redemptions.

This risk refers to the possibility that the value of investments in fixed-income securities such as bonds may rise and fall rates contrary, when
Interest Rate Risk
interest rate rise, the value of an existing bond generally falls.

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
Liquidity Risk
the value of an investment or satisfy investment purchase and redemption services of the Company to its policyholders.

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
Mark-to-Market Risk
can vary with changes in the general economic and financial conditions as well as political, social and environmental factors.

This risk refers to the probability that certain laws and regulations applicable to investments, including income tax and securities law, and the
Regulatory Risk
administrative policies and practices of regulatory authorities may change in a manner that adversely affects the value of an investment.

STANDARD DISCLOSURE STATEMENT:   THIS IS NOT A DEPOSIT PRODUCT. EARNINGS ARE NOT ASSURED AND PRINCIPAL AMOUNT INVESTED IS EXPOSED TO RISK OF LOSS. THIS
PRODUCT CANNOT BE SOLD TO YOU UNLESS ITS BENEFITS AND RISKS HAVE BEEN THOROUGHLY EXPLAINED. IF YOU DO NOT FULLY UNDERSTAND THIS PRODUCT, DO NOT
PURCHASE OR INVEST IN IT.

I CONFIRM THAT I HAVE READ AND UNDERSTOOD THIS PRODUCT HIGHLIGHT SHEET FOR DIVERSIFY PESO VER. 2 FROM ALLIANZ PNB LIFE INSURANCE, INC.

Jinkie Filecima M. Roa    

Applicant Owner's Name Applicant Owner's Signature Date
 
A Variable Unit-Linked Life Insurance Proposal specially designed for Ms. Jinkie Filecima M. Roa. Generated on 09/08/2019 Page 2 of 6 - [SEP19RPPF150]
An Insurance Proposal specially designed for:
Insured: JINKIE FILECIMA M. ROA
  Age 50, Female, Standard
Plan Information:
Basic: Diversify Peso Ver. 2
  A regular-pay, unit-linked life insurance plan
Maximum Years Payable: 50 Years
Death Benefit Option: Increasing Death Benefit Generated on 09/08/2019
Currency: Philippine Peso PROPOSAL REF. NO: SEP19RPPF150-IKORTWYBK
PLAN SUMMARY
Basic Plan Premium Direction
Type of Coverage Quarterly Premium Sum Assured Fund Allocation FMC*
Diversify Peso Ver. 2 7,500.00 600,000.00 Peso Balanced Fund (PBF) 0.00% 1.75%
Peso Dynasty Equity Fund (PDEF) 50.00% 2.00%
Peso Equity Fund (PEF) 50.00% 2.20%
Peso Fixed Income Fund (PFIF) 0.00% 1.50%
Peso-Hedged Global Sustainability Equity Fund (PHGSEF) 0.00% 2.20%
Peso Money Market Fund (PMMF) 0.00% 0.50%
Peso Multi-Sector Equity Fund (PMSEF) 0.00% 2.00%
Peso Optimized Dividend Equity Fund (PODEF) 0.00% 2.00%
Plan Riders Premium Mode
Type of Coverage Sum Assured Other Modes Available Modal Premium
Accidental Death and Dismemberment 200,000.00 Annual 30,000.00
CI 100 Rider Peso 200,000.00 Monthly 2,500.00
Life Event Benefit: 10,000.00 Semi-Annual 15,000.00
       

SNAPSHOT OF BENEFITS
For You (Total Living Benefit) For Your Beneficiaries (Total Death Benefit)
Attained Age at 4.00 % at 6.00 % at 10.00 % Attained Age at 4.00 % at 6.00 % at 10.00 %
60 180,141 198,154 240,128 60 780,141 798,154 840,128
70 32,282 97,693 312,165 70 632,282 697,693 912,165
75 315,709 75 915,709
80 195,059 80 795,059
90 90
Allianz PNB Life's DIVERSIFY PESO VER. 2 is a regular-pay variable unit-linked (VUL) life insurance plan that brings together the opportunities of investing in expertly managed funds while
providing you with lifetime insurance protection. This plan provides you the freedom to decide the amount of premium you are comfortable with. You choose the amount of regular premium
from a minimum amount of PHP 20,000. This plan also features a Increasing Death Benefit Option type where your beneficiaries will receive the sum of the Total Sum Assured and the Total
Fund Value. The Total Sum Assured is 2,000% of the Regular Annual Premium; plus 125% of each subsequent Top-up Premiums. The living benefit is the Total Fund Value of the policy which
can be withdrawn in part or in full. The Total Fund Value is based on your premiums less charges; less withdrawals; plus earnings of the Fund/s chosen.
Allianz PNB Life's CI100 RIDER PESO is a non-participating yearly renewable unit-deducting rider that provides coverage for Early Stage Critical Illness, Intermediate Stage Critical Illness, and
Late Stage Critical Illness, and may also provide additional coverage for Catastrophic Critical Illness. It also provides additional benefit for Diabetic Complication and Angioplasty and Other
Invasive Treatments for Coronary Artery Disease.
It covers 100 illnesses for the insured and provides coverage until the age 100.
This rider will pay the insured its benefit amount equal to 100% of the Sum Assured if the insured is diagnosed with a covered Intermediate Stage Critical Illness or Late Stage Critical Illness, or
50% of the Sum Assured if an Early Stage Critical Illness benefit has been paid already. If the insured is diagnosed with an Early Stage Critical Illness, 50% of the Sum Assured will be paid to the
insured. Once diagnosed with a Catastrophic Critical Illness, an additional 20% of the Sum Assured will be paid to the insured. Additional benefits equal to 20% of the Sum Assured or 10% of the
Sum Assured will be paid to the insured if diagnosed with a Diabetic Complication, or need to undergo Angioplasty and Other Invasive Treatment for Coronary Artery Disease, correspondingly.
The rider Sum Assured will be decreased to 50% of the Initial Sum Assured once the insured turns 70 and this will further decrease to 25% of the Initial Sum Assured amount once the insured
turns 85.
The list of the 100 covered Critical Illnesses is attached to this Sales Illustration.

NOTES:
1. The projected benefits shown are for illustration purposes only and are not based on the past performance nor do they guarantee future performance of the different Fund/s to which
the Policy is linked. Since the fund performance may vary, your fund values are not guaranteed and will depend on the actual investment performance. The Fund Value of the policy
could be less than the total premiums paid.
2. The investment returns are net of taxes and investment deductions.
3. This illustration assumes that you will pay for 10 years and no withdrawals were made. At the time your Total Fund value is insufficient to cover all monthliversary charges, before or
after your chosen premium holiday option, if any, you will be required to pay additional premiums to keep your policy in force.
4. Maximum Life Event Benefit Rider is PHP 10,000.
5. Rider(s) insurance charges are the cost of providing coverage for the riders selected to be attached to your policy and is to be deducted monthly from your Total Fund Value by selling
the appropriate number of units. Rider premiums will affect the growth of your fund value and your policy may terminate if relevant insurance charges and other charges can no
longer be covered by the Total Fund Value.
6. A copy of this proposal will be delivered to you together with the policy contract once the policy is issued. While we have made every effort to ensure accuracy, errors and omissions
may have occurred in the preparation of the proposal.
*Fund Management Charge (FMC) shall be deducted monthly from the investment fund.
Cooling-Off Period
If you are not completely satisfied with this policy, you may return it to our Home Office or any of our branch offices within fifteen (15) days after receipt of the Policy
document, together with a written notice, signed by you, requesting cancellation. The Policy document is considered delivered to and received by you on the date indicated in
the Policy Receipt Acknowledgement. On such cancellation, the amount refundable shall be the sum of the Insurance Charges plus the Premium charges plus the Initial set-up
charges plus the policy fee paid from the Policy Date plus the Total Fund Value. Any outstanding Contract Debt will be deducted from the amount refundable. The Total Fund
Value will be calculated on the next Pricing Date immediately following the date the receipt of the written notice on your request for Policy cancellation, subject to the Cut-Off
Time.

DECLARATION OF UNDERSTANDING
I confirm that I have read and understood the disclosures in this illustration.
I fully understand that I will assume all investment risks associated with the policy. This illustration and the Acknowledgment of Variability shall form part of the insurance
contract once the policy is issued.

Jinkie Filecima M. Roa      

Applicant Owner's Name Applicant Owner's Signature Agent's Signature Date
For Allianz PNB Life's use only: SAM 20.00
Your Allianz PNB Life Financial Advisor should explain the features of your chosen product. As product values and availability Policy Number 123456782
may change without prior notice, please ask your Financial Advisor for the most current sales illustration. Client Type Agency

THIS IS ONLY AN ILLUSTRATION.

v6.9.2-09082019 Page 3 of 6 - [SEP19RPPF150]
  Illustration of Benefits for Diversify Peso Ver. 2
(Increasing Death Benefit)
PAY ALL YEARS

In this Proposal, the words “You”, “Your”, and “Owner” mean the Owner named in the application. The Owner may be someone other than the Insured. While “We”, “Us’”, “Our”, and
“Company” mean Allianz PNB Life Insurance, Inc.

A Variable Unit-Linked Life Insurance Proposal specially designed for Ms. Jinkie Filecima M. Roa.
Partial Projected Benefits (EOY)
Policy Attained Premiums Paid
Withdrawals Charges Total Fund Value Death Benefit
Year Age (EOY) (BOY)
(BOY) Low (4.00%) Mid (6.00%) High (10.00%) Low (4.00%) Mid (6.00%) High (10.00%)
1 51 30,000 0 28,517 1,567 1,609 1,693 601,567 601,609 601,693
2 52 30,000 0 16,962 15,041 15,303 15,828 615,041 615,303 615,828
3 53 30,000 0 14,156 31,926 32,722 34,346 631,926 632,722 634,346
4 54 30,000 0 12,893 50,776 52,491 56,047 650,776 652,491 656,047
5 55 30,000 0 13,441 70,412 73,488 79,985 670,412 673,488 679,985
6 56 30,000 0 12,480 91,229 96,136 106,697 691,229 696,136 706,697
7 57 30,000 0 12,998 112,349 119,609 135,534 712,349 719,609 735,534
8 58 30,000 0 13,509 133,792 143,962 166,716 733,792 743,962 766,716
9 59 30,000 0 14,032 155,559 169,236 200,466 755,559 769,236 800,466
10 60 30,000 0 14,610 180,141 198,154 240,128 780,141 798,154 840,128
11 61 30,000 0 13,755 204,047 226,969 281,515 804,047 826,969 881,515
12 62 30,000 0 14,750 227,893 256,487 325,996 827,893 856,487 925,996
13 63 30,000 0 15,942 251,476 286,547 373,671 851,476 886,547 973,671
14 64 30,000 0 17,373 274,542 316,936 424,610 874,542 916,936 1,024,610
15 65 30,000 0 19,019 301,707 352,965 486,059 901,707 952,965 1,086,059
16 66 30,000 0 20,470 323,617 384,139 544,969 923,617 984,139 1,144,969
17 67 30,000 0 21,769 345,077 415,845 608,406 945,077 1,015,845 1,208,406
18 68 30,000 0 23,211 365,923 447,965 676,667 965,923 1,047,965 1,276,667
19 69 30,000 0 24,743 386,038 480,431 750,143 986,038 1,080,431 1,350,143
20 70 30,000 0 24,355 414,504 523,943 844,379 1,014,504 1,123,943 1,444,379
 
5 55 30,000 0 13,441 70,412 73,488 79,985 670,412 673,488 679,985
10 60 30,000 0 14,610 180,141 198,154 240,128 780,141 798,154 840,128
15 65 30,000 0 19,019 301,707 352,965 486,059 901,707 952,965 1,086,059
20 70 30,000 0 24,355 414,504 523,943 844,379 1,014,504 1,123,943 1,444,379
25 75 30,000 0 36,049 517,378 718,416 1,389,275 1,117,378 1,318,416 1,989,275
30 80 30,000 0 60,546 533,695 866,858 2,153,401 1,133,695 1,466,858 2,753,401
35 85 30,000 0 85,458 431,670 940,681 3,262,471 1,031,670 1,540,681 3,862,471
40 90 30,000 0 134,259 77,607 802,780 4,815,868 677,607 1,402,780 5,415,868
The projected returns on investments shown are for illustration purposes and do not represent maximum or minimum return on your fund value. The investment return assumptions are net
of taxes and investment deductions. A non-guaranteed Loyalty Bonus is assumed awarded at the end of every 5 years starting at the end of the 5th Policy Year. The Loyalty Bonus is 2.0% of the
average monthly Total Fund Value of the preceding five years.
*Total charges (5th column of above table) are based on 6.0% investment return scenario.
1. Premium charges, expressed as a percentage of the premium paid, is 50% for year 1, 10% for
year 2, and 5% for years 3 to 5.
2. Monthly Policy Fee is equal to 1.50% of regular premium or PHP 450.00 per month for years 1
and 2, 1.00% of regular premium or PHP 300.00 per month for year 3, 0.50% of regular
premium or PHP 150.00 per month for years 4 to 10, and 0.05% of regular premium or PHP
15.00 per month thereafter.
3. Monthliversary charges deducted from the Fund include cost of insurance and rider (if any)
based on the Net Amount at Risk, insured's sex and attained age. The projected COI charge for
the 1st year is PHP 5,064.00.
The projected CI100 COR charge for Year 1 is PHP 2,803.00. The projected ADD COR charge for
Year 1 is PHP 250.00.
4. All top-ups shall be subject to a premium charge of 6% and set-up charge of PHP 600.00.
5. A premium holiday may be taken each year provided that your Total Fund Value is sufficient to
pay for your monthliversary charges. You may resume payment anytime to maximize your
benefits.

These charges are subject to change by the Company, and prior approval of the Insurance Commission.
DECLARATION OF UNDERSTANDING
I confirm that I have read and understood the disclosures in this illustration.
I fully understand that I will assume all investment risks associated with the policy. This illustration and the Acknowledgment of Variability shall form part of the insurance
contract once the policy is issued.

Jinkie Filecima M. Roa    

Applicant Owner's Name Applicant Owner's Signature Date

   
Please sign on all pages.
Agent's Signature
Prepared by: Annalyn Tandugon Date: 08-Sep-2019
Branch: Code: SD-0-58157
THIS IS ONLY AN ILLUSTRATION.
 
v6.9.2-09082019 Page 4 of 6 - [SEP19RPPF150]
  Illustration of Benefits for Diversify Peso Ver. 2
(Increasing Death Benefit)
WITH PREMIUM HOLIDAY

In this Proposal, the words “You”, “Your”, and “Owner” mean the Owner named in the application. The Owner may be someone other than the Insured. While “We”, “Us’”, “Our”, and
“Company” mean Allianz PNB Life Insurance, Inc.

A Variable Unit-Linked Life Insurance Proposal specially designed for Ms. Jinkie Filecima M. Roa.
Partial Projected Benefits (EOY)
Policy Attained Premiums Paid
Withdrawals Charges Total Fund Value Death Benefit
Year Age (EOY) (BOY)
(BOY) Low (4.00%) Mid (6.00%) High (10.00%) Low (4.00%) Mid (6.00%) High (10.00%)
1 51 30,000 0 28,517 1,567 1,609 1,693 601,567 601,609 601,693
2 52 30,000 0 16,962 15,041 15,303 15,828 615,041 615,303 615,828
3 53 30,000 0 14,156 31,926 32,722 34,346 631,926 632,722 634,346
4 54 30,000 0 12,893 50,776 52,491 56,047 650,776 652,491 656,047
5 55 30,000 0 13,441 70,412 73,488 79,985 670,412 673,488 679,985
6 56 30,000 0 12,480 91,229 96,136 106,697 691,229 696,136 706,697
7 57 30,000 0 12,998 112,349 119,609 135,534 712,349 719,609 735,534
8 58 30,000 0 13,509 133,792 143,962 166,716 733,792 743,962 766,716
9 59 30,000 0 14,032 155,559 169,236 200,466 755,559 769,236 800,466
10 60 30,000 0 14,610 180,141 198,154 240,128 780,141 798,154 840,128
11 61 0 0 13,755 173,300 195,852 249,662 773,300 795,852 849,662
12 62 0 0 14,750 165,170 192,386 259,105 765,170 792,386 859,105
13 63 0 0 15,942 155,498 187,484 268,239 755,498 787,484 868,239
14 64 0 0 17,373 143,979 180,812 276,782 743,979 780,812 876,782
15 65 0 0 19,019 130,318 172,042 284,448 730,318 772,042 884,448
16 66 0 0 20,470 114,626 161,245 291,345 714,626 761,245 891,345
17 67 0 0 21,769 96,980 148,460 297,566 696,980 748,460 897,566
18 68 0 0 23,211 77,156 133,420 302,891 677,156 733,420 902,891
19 69 0 0 24,743 54,974 115,896 307,136 654,974 715,896 907,136
20 70 0 0 24,355 32,282 97,693 312,165 632,282 697,693 912,165
 
5 55 30,000 0 13,441 70,412 73,488 79,985 670,412 673,488 679,985
10 60 30,000 0 14,610 180,141 198,154 240,128 780,141 798,154 840,128
15 65 0 0 19,019 130,318 172,042 284,448 730,318 772,042 884,448
20 70 0 0 24,355 32,282 97,693 312,165 632,282 697,693 912,165
25 75 0 0 315,709 915,709
30 80 0 0 195,059 795,059
35 85 0 0
40 90 0 0
The projected returns on investments shown are for illustration purposes and do not represent maximum or minimum return on your fund value. The investment return assumptions are net
of taxes and investment deductions. A non-guaranteed Loyalty Bonus is assumed awarded at the end of every 5 years starting at the end of the 5th Policy Year. The Loyalty Bonus is 2.0% of the
average monthly Total Fund Value of the preceding five years.
*Total charges (5th column of above table) are based on 6.0% investment return scenario.
1. Premium charges, expressed as a percentage of the premium paid, is 50% for year 1, 10% for
year 2, and 5% for years 3 to 5.
2. Monthly Policy Fee is equal to 1.50% of regular premium or PHP 450.00 per month for years 1
and 2, 1.00% of regular premium or PHP 300.00 per month for year 3, 0.50% of regular
premium or PHP 150.00 per month for years 4 to 10, and 0.05% of regular premium or PHP
15.00 per month thereafter.
3. Monthliversary charges deducted from the Fund include cost of insurance and rider (if any)
based on the Net Amount at Risk, insured's sex and attained age. The projected COI charge for
the 1st year is PHP 5,064.00.
The projected CI100 COR charge for Year 1 is PHP 2,803.00. The projected ADD COR charge for
Year 1 is PHP 250.00.
4. All top-ups shall be subject to a premium charge of 6% and set-up charge of PHP 600.00.
5. This illustration assumes that you will pay for 10 years. A premium holiday may be taken each
year provided that your Total Fund Value is sufficient to pay for your monthliversary charges.
You may resume payment anytime to maximize your benefits.

These charges are subject to change by the Company, and prior approval of the Insurance Commission.
DECLARATION OF UNDERSTANDING
I confirm that I have read and understood the disclosures in this illustration.
I fully understand that I will assume all investment risks associated with the policy. This illustration and the Acknowledgment of Variability shall form part of the insurance
contract once the policy is issued.

Jinkie Filecima M. Roa    

Applicant Owner's Name Applicant Owner's Signature Date

   
Please sign on all pages.
Agent's Signature
Prepared by: Annalyn Tandugon Date: 08-Sep-2019
Branch: Code: SD-0-58157
THIS IS ONLY AN ILLUSTRATION.
 
v6.9.2-09082019 Page 5 of 6 - [SEP19RPPF150]
Information

Name of Policy Owner Jinkie Filecima M. Roa

Plan Diversify Peso Ver. 2
Agent's Name Annalyn Tandugon
Policy Number 123456782
Currency Philippine Peso

ACKNOWLEDGEMENT OF VARIABILITY

I acknowledge that:

I have applied with Allianz PNB Life Insurance, Inc. for a Variable Unit-Linked (VUL) Life Insurance Policy, and have reviewed the illustration(s) that shows how a VUL life insurance policy
performs using company's assumptions and based on Insurance Commission's guidelines on interest rates.

I understand that I may apply to withdraw my funds in full or in part by filling out the prescribed form and submitting it to Allianz PNB Life Insurance, Inc., subject to the applicable rules and
guidelines set by the Company. Any values shown in this illustration will be affected if premiums and/or withdrawals are not followed as assumed in the illustrated schedule.

I understand that since the fund performance may vary, the values of my units are not guaranteed and will depend on the actual performance at that given period and that the value of my
policy could be less than the capital invested. The unit values of my VUL Life Insurance Policy are periodically published.

I understand that the investment risks under the policy are to be borne solely by me, as the policyholder.

Jinkie Filecima M. Roa  

Applicant Owner's Signature over Printed Name Date

Page 6 of 6 - [SEP19RPPF150]
Critical Illness 100 Rider
List of Covered Critical Illnesses

CI100 is a non-participating, yearly renewable, unit-deducting rider that provides coverage for Early Stage Critical Illness, Intermediate Stage Critical Illness, and Late Stage
Critical Illness, and may also provide additional coverage for Catastrophic Critical Illness. The coverage is for 100 Critical Illnesses which is comprised of the following:
a. 32 Early Stage Critical Illnesses;
b. 13 Intermediate Stage Critical Illnesses;
c. 48 Late Stage Critical Illnesses;
d. 5 Catastrophic Critical Illnesses, and
e. 2 Additional Benefits - Diabetic Complication, and Angioplasty and Other Invasive Treatment for Coronary Heart Disease

Early Stage Intemediate Stage Late Stage

Illness
(50% of Sum Assured) (100% of Sum Assured) (100% of Sum Assured)

1 Heart Attack
2 Stroke
3 Coronary Artery Bypass Grafting
4 Heart Valve Surgery
5 Cancer
6 Kidney Failure
7 Paralysis
8 Multiple Sclerosis
9 Major Organ Transplant
10 Alzheimers Disease
11 Coma
12 Parkinson's Disease
13 Terminal Illness
14 Chronic Lung Disease
15 Chronic Liver Disease
16 Motor Neurone Disease
17 Muscular Dystrophy
18 Aplastic Anaemia
19 Aorta Surgery
20 Fulminant Viral Hepatitis
21 Disabling Primary Pulmonary Hypertension
22 Bacterial Meningitis
23 Benign Brain Tumour
24 Encephalitis
25 Major Burns
26 Poliomyelitis
27 Major Head Trauma
28 Apallic Syndrome
29 Other Serious Coronary Artery Disease
30 Systemic Lupus Erythematosus
31 HIV due to Blood Transfusion
32 Deafness
33 Loss of Speech
34 Blindness
35 Progressive Scleroderma
36 Medullary Cystic disease
37 Cardiomyopathy
38 Cerebral Aneurysm Requiring Brain Surgery
39 Multiple Root Avulsions of Brachial Plexus
Stroke Requiring Carotid Endarterectomy
40
Surgery
41 Surgery for Idiopathic Scolicosis
42 Chronic Relapsing Pancreatitis
43 Elephantiasis
44 Loss of Independent Living
45 Necrotising Fasciitis or Gangrene
46 Severe Rheumatoid Arthritis
47 Severe Ulcerative Colitis or Crohns Disease
48 Kawasaki Disease with Heart Complications
Cancer with metastasis, Extensive Heart
Attack
Catastrophic
Critical Illness Severe stroke, Transplantation of both heart 20% of Sum Assured
and lung, Total Quadriplegia as a result of
Spinal Cord Injury
Additional Angioplasty and Other InvasiveTreatments for
benefit Additional benefit of 10% of the Sum Assured
Coronary Artery Disease
Additional
benefit Diabetic Complication Additional benefit of 20% of the Sum Assured