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 350,000.00 TOTAL DISABILITY BENEFIT (TDB)
INITIAL LIFE INSURANCE COVERAGE 1 707,059.00 ACCIDENTAL DEATH, DISMEMBERMENT 350,000.00
1 Initial
Life Insurance Coverage refers to the death benefit at the end of Month 1 based on AND DISABLEMENT BENEFIT (ADDD)
current charges.

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
Balanced 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 :      PATRICK JOHN GAYO Age Last Birthday :      22 (Male)
Currency :       Philippine Peso
Basic Plan Benefit Amount Regular Premium
Sun MaxiLink 100 - Non-Smoker Ps 350,000.00 Ps 15,456.00
Additional Benefits
Total Disability Benefit (Waiver of Premium) - TDB Ps 1,128.75
Accidental Death, Dismemberment and Disablement Benefit - ADDD Ps 350,000.00 Ps 1,391.25
 
Class: With Extra Premium Total Annual Regular Premium Ps 17,976.00
6.79 per thousand up to year 78 Annual Excess Premium (to be Billed Regularly) Ps 24.00
TDB - 1.5x up to year 38 Total Annual Premium (to be Billed Regularly) Ps 18,000.00
ADDD - 1.5x up to year 48 Total Quarterly Premium to be Billed Ps 4,500.00
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.

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 :      DECENA, IRISH MAE E. Date :      12 October 2020

Branch :      DRAGONWOOD    
This is only an illustration.
5.2 / 2.8 130244I121020200006118073636 Page 1 of 10
 PATRICK JOHN GAYO 22 (Male)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 350,000.00 Total Premium to be Billed : Ps 18,000.00

Fund Allocation
50% Balanced Fund 50% 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 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 130244I121020200006118073636 Page 2 of 10
 PATRICK JOHN GAYO 22 (Male)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 350,000.00 Total Premium to be Billed : Ps 18,000.00

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) 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 130244I121020200006118073636 Page 3 of 10
 PATRICK JOHN GAYO 22 (Male)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 350,000.00 Total Premium to be Billed : Ps 18,000.00
Accidental Death, Dismemberment and Disablement Benefit
Once the life insured dies or suffers an injury from accident which occurs within one year from the date of accident and such death or injury
resulted, directly and independently of disease, medical or surgical treatment, in any of the following losses, we will pay you the Benefit
Amount equivalent to a percentage of the Principal Sum of Ps 350,000.00 as follows:

% of Principal Sum % of Principal Sum

life 100% four fingers 35%
entire sight of both eyes 100% hearing of one ear 25%
both hands or both feet 100% all toes on one foot 25%
one hand and one foot 100% thumb 15%
either hand or foot & sight of one eye 100% index finger 10%
arm at or below elbow 70% middle finger 6%
leg at or above knee 60% ring finger 5%
one hand at or above wrist 50% big toe 5%
one foot at or above the ankle 50% little finger 4%
hearing of both ears 50% metacarpals 1st or 2nd (additional) 3%
sight of one eye 50% metacarpals 3rd, 4th or 5th (additional) 2%
four fingers and thumb of one hand 50% any toe other than big toe, each 1%

If the life insured sustains more than one of the above losses as a result of one accident, we will pay for that one loss for which the largest
amount is payable.
When the insured becomes Totally Disabled as a result of accidental bodily injury commencing within one year from the date of accident and
such disability has continued uninterruptedly for a period of 6 months as evidenced by satisfactory proof of disability submitted to us
and such disability occurs before the policy anniversary on or following the life insured's 60th birthday, we will pay you an annual Benefit
Amount of 10% of the Principal Sum for 10 years. The life insured is deemed Totally Disabled when he is completely unable, during the first 2
years from the date of accident, to carry on his own occupation, and thereafter to carry on any occupation, and the total disability is
continuous.
The first annual payment will be payable on the 7th month of disability, or if such disability does not require the six-month waiting period,
then on the onset of disability. Subsequent annual payments will be payable during the continuance of such disability, subject to a maximum
of 10 annual payouts. However, if one of the following occurs during the 10-year payout period : a) you fail to provide proof of continuing
Total Disability of the life insured as required; or b) the life insured becomes able again to carry on his own occupation during the first two
years, and thereafter to carry on any occupation; or c) the life insured dies, then we will no longer be liable to pay further disablement benefits
as the Total Disability is deemed to have ceased.
In any policy year, the aggregate of all percentages we will pay under the Accidental Death, Dismemberment and Disablement Benefit
provision in respect of any one accident resulting in loss or losses will be the Principal Sum.
In any policy year, the aggregate benefits we will pay under the Dismemberment or Disability Benefit in respect of one or more accidents
resulting in loss or losses will not exceed the Principal Sum.
In any policy year, the amount of benefit we will pay for loss of life arising from independent and unrelated accident will always be the
Principal Sum.
We will not pay any benefit for any loss resulting from or caused directly or indirectly, wholly or partly, by: (a) suicide while sane or insane, or
intentionally self-inflicted injuries; (b) bodily or mental infirmity or disease of any kind, or infection other than infection occurring
simultaneously with and in consequence of accidental cut or wound; (c) committing a criminal offense; (d) homicide; (e) poison, carbon
monoxide or drug overdose; (f) alcohol abuse; (g) insurrection, civil commotion or hostile action of armed forces, whether or not the life
insured was actually participating therein; or (h) injury sustained from any aviation or marine activities, other than as a fare paying passenger
in an air or marine device operated by a commercial airline or shipping line on a scheduled passenger trip over its established passenger route.
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.

This is only an illustration.

5.2 / 2.8 130244I121020200006118073636 Page 4 of 10
 PATRICK JOHN GAYO 22 (Male)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 350,000.00 Total Premium to be Billed : Ps 18,000.00

Illustration of Rider Premiums

    Rider Premiums
End of Attained Premiums   Total Rider TDB* ADDD^
Year Age Paid   Premiums
   
1 23 17,976 2,520 1,129 1,391
2 24 17,976 2,520 1,129 1,391
3 25 17,976 2,520 1,129 1,391
4 26 17,976 2,520 1,129 1,391
5 27 17,976 2,520 1,129 1,391
6 28 17,976 2,520 1,129 1,391
7 29 17,976 2,520 1,129 1,391
8 30 17,976 2,520 1,129 1,391
9 31 17,976 2,520 1,129 1,391
10 32 17,976 2,520 1,129 1,391
11 33 17,976 2,520 1,129 1,391
12 34 17,976 2,520 1,129 1,391
13 35 17,976 2,520 1,129 1,391
14 36 17,976 2,520 1,129 1,391
15 37 17,976 2,520 1,129 1,391
16 38 17,976 2,520 1,129 1,391
17 39 17,976 2,520 1,129 1,391
18 40 17,976 2,520 1,129 1,391
19 41 17,976 2,520 1,129 1,391
20 42 17,976 2,520 1,129 1,391
 
33 55 17,976 2,520 1,129 1,391
38 60 17,976 2,520 1,129 1,391
43 65 16,847 1,391 1,391
   
*TDB premium payment terminates at attained age 60.
^ADDD premium payment terminates at attained age 70.

This is only an illustration.

5.2 / 2.8 130244I121020200006118073636 Page 5 of 10
 PATRICK JOHN GAYO 22 (Male)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 350,000.00 Total Premium to be Billed : Ps 18,000.00

Illustration of Benefits - Balanced Fund (50%)

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 23 8,988 8,215 857 942 985 701,714 701,884 701,969
2 24 8,988 6,585 3,500 3,834 4,004 706,999 707,667 708,008
3 25 8,988 3,647 9,245 10,012 10,410 718,490 720,025 720,820
4 26 8,988 3,652 15,209 16,669 17,437 730,418 733,338 734,874
5 27 8,988 3,672 21,385 23,825 25,130 742,771 747,650 750,260
6 28 8,988 3,691 27,782 31,520 33,554 755,564 763,040 767,108
7 29 8,988 3,711 34,408 39,795 42,781 768,816 779,591 785,562
8 30 8,988 3,731 41,272 48,697 52,889 782,543 797,394 805,777
9 31 8,988 3,751 48,383 58,274 63,964 796,765 816,548 827,927
10 32 8,988 3,752 56,605 69,568 77,166 813,210 839,136 854,332
11 33 8,988 3,099 64,984 81,466 91,315 829,969 862,933 882,630
12 34 8,988 3,100 73,689 94,294 106,846 847,379 888,588 913,691
13 35 8,988 3,101 82,732 108,123 123,893 865,465 916,246 947,787
14 36 8,988 3,102 92,126 123,031 142,606 884,253 946,062 985,212
15 37 8,988 3,104 103,531 141,219 165,553 907,063 982,438 1,031,106
16 38 8,988 3,105 113,734 158,712 188,336 927,467 1,017,423 1,076,672
17 39 8,988 3,106 124,332 177,570 213,345 948,664 1,055,140 1,126,689
18 40 8,988 3,107 135,343 197,902 240,797 970,685 1,095,803 1,181,594
19 41 8,988 3,108 146,781 219,821 270,931 993,562 1,139,641 1,241,862
  20 42 8,988 3,157 161,293 247,251 308,608 1,022,585 1,194,501 1,317,217
33 55 8,988 4,334 368,140 806,664 1,219,155 1,436,279 2,313,327 3,138,310
38 60 8,988 4,759 479,277 1,223,817 2,005,513 1,658,555 3,147,634 4,711,025
43 65 8,424 6,683 607,616 1,832,237 3,269,226 1,915,233 4,364,474 7,238,452
*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.

5.2 / 2.8 130244I121020200006118073636 Page 6 of 10
 PATRICK JOHN GAYO 22 (Male)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 350,000.00 Total Premium to be Billed : Ps 18,000.00

Illustration of Benefits - Index Fund (50%)

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 23 8,988 8,215 857 942 985 701,714 701,884 701,969
2 24 8,988 6,585 3,500 3,834 4,004 706,999 707,667 708,008
3 25 8,988 3,647 9,245 10,012 10,410 718,490 720,025 720,820
4 26 8,988 3,652 15,209 16,669 17,437 730,418 733,338 734,874
5 27 8,988 3,672 21,385 23,825 25,130 742,771 747,650 750,260
6 28 8,988 3,691 27,782 31,520 33,554 755,564 763,040 767,108
7 29 8,988 3,711 34,408 39,795 42,781 768,816 779,591 785,562
8 30 8,988 3,731 41,272 48,697 52,889 782,543 797,394 805,777
9 31 8,988 3,751 48,383 58,274 63,964 796,765 816,548 827,927
10 32 8,988 3,752 56,605 69,568 77,166 813,210 839,136 854,332
11 33 8,988 3,099 64,984 81,466 91,315 829,969 862,933 882,630
12 34 8,988 3,100 73,689 94,294 106,846 847,379 888,588 913,691
13 35 8,988 3,101 82,732 108,123 123,893 865,465 916,246 947,787
14 36 8,988 3,102 92,126 123,031 142,606 884,253 946,062 985,212
15 37 8,988 3,104 103,531 141,219 165,553 907,063 982,438 1,031,106
16 38 8,988 3,105 113,734 158,712 188,336 927,467 1,017,423 1,076,672
17 39 8,988 3,106 124,332 177,570 213,345 948,664 1,055,140 1,126,689
18 40 8,988 3,107 135,343 197,902 240,797 970,685 1,095,803 1,181,594
19 41 8,988 3,108 146,781 219,821 270,931 993,562 1,139,641 1,241,862
  20 42 8,988 3,157 161,293 247,251 308,608 1,022,585 1,194,501 1,317,217
33 55 8,988 4,334 368,140 806,664 1,219,155 1,436,279 2,313,327 3,138,310
38 60 8,988 4,759 479,277 1,223,817 2,005,513 1,658,555 3,147,634 4,711,025
43 65 8,424 6,683 607,616 1,832,237 3,269,226 1,915,233 4,364,474 7,238,452
*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.

5.2 / 2.8 130244I121020200006118073636 Page 7 of 10
 PATRICK JOHN GAYO 22 (Male)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 350,000.00 Total Premium to be Billed : Ps 18,000.00

Illustration of Benefits - All Chosen Funds

It is assumed in the table below that the regular premiums are paid in full throughout the duration of the contract.

The values illustrated below are not guaranteed. The investment returns used are for illustrative purposes and are not based on past
performance with respect to the fund where your policy is linked. The returns are likely to change during the investment period.
Also, the assumed returns do not represent the upper and lower limits of the actual return that may be realized. Values are
calculated assuming the fund is earning 4%*, 8%* and 10%*. It is assumed that the mode of payment is annual. If mode of
payment is other than annual, values shown may change.

PROJECTED BENEFITS
End Attained Premiums   Fund Value   Death Benefit
of Age Paid Charges**   4% 8% 10%   4% 8% 10%
Year              
 
1 23 17,976 16,430 1,714 1,884 1,969 701,714 701,884 701,969
2 24 17,976 13,170 6,999 7,667 8,008 706,999 707,667 708,008
3 25 17,976 7,294 18,490 20,025 20,820 718,490 720,025 720,820
4 26 17,976 7,303 30,418 33,338 34,874 730,418 733,338 734,874
5 27 17,976 7,343 42,771 47,650 50,260 742,771 747,650 750,260
6 28 17,976 7,383 55,564 63,040 67,108 755,564 763,040 767,108
7 29 17,976 7,422 68,816 79,591 85,562 768,816 779,591 785,562
8 30 17,976 7,462 82,543 97,394 105,777 782,543 797,394 805,777
9 31 17,976 7,502 96,765 116,548 127,927 796,765 816,548 827,927
10 32 17,976 7,504 113,210 139,136 154,332 813,210 839,136 854,332
11 33 17,976 6,198 129,969 162,933 182,630 829,969 862,933 882,630
12 34 17,976 6,200 147,379 188,588 213,691 847,379 888,588 913,691
13 35 17,976 6,203 165,465 216,246 247,787 865,465 916,246 947,787
14 36 17,976 6,205 184,253 246,062 285,212 884,253 946,062 985,212
15 37 17,976 6,207 207,063 282,438 331,106 907,063 982,438 1,031,106
16 38 17,976 6,209 227,467 317,423 376,672 927,467 1,017,423 1,076,672
17 39 17,976 6,212 248,664 355,140 426,689 948,664 1,055,140 1,126,689
18 40 17,976 6,214 270,685 395,803 481,594 970,685 1,095,803 1,181,594
19 41 17,976 6,216 293,562 439,641 541,862 993,562 1,139,641 1,241,862
  20 42 17,976 6,315 322,585 494,501 617,217 1,022,585 1,194,501 1,317,217
33 55 17,976 8,668 736,279 1,613,327 2,438,310 1,436,279 2,313,327 3,138,310
38 60 17,976 9,517 958,555 2,447,634 4,011,025 1,658,555 3,147,634 4,711,025
43 65 16,847 13,366 1,215,233 3,664,474 6,538,452 1,915,233 4,364,474 7,238,452

*The investment returns used are net of the fund management charge of 2.00% (plus VAT) of the fund value for Balanced Fund and 2.00%
(plus VAT) of the fund value for Index Fund.

** Charges are based on a 4% investment return.

The projected values are net of: (a) premium charges of 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 Balanced Fund and 2.00% (plus VAT) of the fund value for Index Fund. The figures shown
above are net of all charges. The monthly charges are deducted from the fund. No premium charge and monthly periodic charge are imposed
on any extra premium and additional benefit premium.

A loyalty bonus on the 10th policy anniversary year and every 5 years thereafter is included in the above illustration. The loyalty bonus is
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 130244I121020200006118073636 Page 8 of 10
 PATRICK JOHN GAYO 22 (Male)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 350,000.00 Total Premium to be Billed : Ps 18,000.00

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 23 18,000 16,431 1,738 1,908 1,994 701,738 701,908 701,994
2 24 18,000 13,171 7,048 7,718 8,061 707,048 707,718 708,061
3 25 18,000 7,295 18,564 20,105 20,903 718,564 720,105 720,903
4 26 18,000 7,305 30,519 33,448 34,990 730,519 733,448 734,990
5 27 18,000 7,344 42,899 47,794 50,412 742,899 747,794 750,412
6 28 18,000 7,384 55,721 63,219 67,300 755,721 763,219 767,300
7 29 18,000 7,424 69,002 79,809 85,797 769,002 779,809 785,797
8 30 18,000 7,463 82,761 97,654 106,061 782,761 797,654 806,061
9 31 18,000 7,503 97,015 116,852 128,264 797,015 816,852 828,264
10 32 18,000 7,505 113,497 139,494 154,732 813,497 839,494 854,732
11 33 6,198 111,591 143,938 163,336 811,591 843,938 863,336
12 34 6,200 109,608 148,728 172,778 809,608 848,728 872,778
13 35 6,203 107,546 153,889 183,141 807,546 853,889 883,141
14 36 6,205 105,401 159,452 194,514 805,401 859,452 894,514
15 37 6,207 105,343 168,476 210,565 805,343 868,476 910,565
16 38 6,209 103,108 175,174 224,615 803,108 875,174 924,615
17 39 6,212 100,783 182,393 240,036 800,783 882,393 940,036
18 40 6,214 98,366 190,174 256,961 798,366 890,174 956,961
19 41 6,216 95,852 198,560 275,539 795,852 898,560 975,539
20 42 6,315 95,131 211,229 300,813 795,131 911,229 1,000,813
 
33 55 8,668 34,900 415,827 855,424 734,900 1,115,827 1,555,424
38 60 560,834 1,327,613 1,260,834 2,027,613
43 65 763,938 2,080,294 1,463,938 2,780,294
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 37. If premium payment is not made on duration 38, 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 Balanced Fund and 2.00% (plus VAT) of the
fund value for Index Fund.
** Charges are based on a 4% investment return.
The projected values are net of: (a) premium charges of 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
Balanced Fund and 2.00% (plus VAT) of the fund value for Index Fund. The figures shown above are net of all charges. The monthly charges are deducted
from the fund. No premium charge and monthly periodic charge are imposed on any extra premium and additional benefit premium.
A loyalty bonus on the 10th policy anniversary year and every 5 years thereafter is included in the above illustration. The loyalty bonus is 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 130244I121020200006118073636 Page 9 of 10
 PATRICK JOHN GAYO 22 (Male)
Sun MaxiLink 100 - Non-Smoker  
Face Amount: Ps 350,000.00 Total Premium to be Billed : Ps 18,000.00

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:
Balanced Fund (50%) - 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.
Index Fund (50%) - 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.

5.2 / 2.8 130244I121020200006118073636 Page 10 of 10