ILLUSTRATION OF BENEFITS

Name : VALUED CLIENT, . . Plan : ENHANCE Annual Premium : 13,535.00

Age : 35 Currency : PHP Basic Premium : 10,000.00
Gender : Female Rider/s AccCIB:1.0 - 500,000.00 Semi Annual Premium : 6,767.50
: Quarterly Premium : 3,383.75
Fund Allocation
100.00% Equity Fund Monthly Premium : 1,127.92
Substandard/Extra Ratings: A
Policy Amount : 1,000,000.00
1,000,000.00 Projected Benefits
Pol Att. Annual 4% 8% 10 %
Top Ups Withdrawals
Year Age Premium Living Benefit Death Benefit Living Benefit Death Benefit Living Benefit Death Benefit
1 36 13,535.00 0.00 0.00 1,381.12 1,001,381.12 1,526.01 1,001,526.01 1,597.81 1,001,597.81
2 37 13,535.00 0.00 0.00 4,567.79 1,004,567.79 5,037.86 1,005,037.86 5,277.22 1,005,277.22
3 38 13,535.00 0.00 0.00 9,352.54 1,009,352.54 10,359.41 1,010,359.41 10,882.40 1,010,882.40
4 39 13,535.00 0.00 0.00 14,737.30 1,014,737.30 16,523.81 1,016,523.81 17,469.44 1,017,469.44
5 40 13,535.00 0.00 0.00 20,209.76 1,020,209.76 23,051.01 1,023,051.01 24,583.52 1,024,583.52
6 41 13,535.00 0.00 0.00 28,843.73 1,028,843.73 33,122.65 1,033,122.65 35,470.92 1,035,470.92
7 42 13,535.00 0.00 0.00 37,657.06 1,037,657.06 43,830.56 1,043,830.56 47,275.89 1,047,275.89
8 43 13,535.00 0.00 0.00 46,631.38 1,046,631.38 55,199.57 1,055,199.57 60,063.85 1,060,063.85
9 44 13,535.00 0.00 0.00 55,747.60 1,055,747.60 67,256.51 1,067,256.51 73,906.76 1,073,906.76
10 45 13,535.00 0.00 0.00 65,971.77 1,065,971.77 81,176.39 1,081,176.39 90,121.01 1,090,121.01
11 46 13,535.00 0.00 0.00 75,909.14 1,075,909.14 95,369.16 1,095,369.16 107,032.45 1,107,032.45
12 47 13,535.00 0.00 0.00 85,975.86 1,085,975.86 110,423.62 1,110,423.62 125,358.52 1,125,358.52
13 48 13,535.00 0.00 0.00 96,151.55 1,096,151.55 126,382.62 1,126,382.62 145,214.35 1,145,214.35
14 49 13,535.00 0.00 0.00 106,427.81 1,106,427.81 143,305.49 1,143,305.49 166,739.75 1,166,739.75
15 50 13,535.00 0.00 0.00 118,739.25 1,118,739.25 163,767.14 1,163,767.14 192,952.83 1,192,952.83
16 51 13,535.00 0.00 0.00 129,229.48 1,129,229.48 182,976.87 1,182,976.87 218,541.05 1,218,541.05
17 52 13,535.00 0.00 0.00 139,769.01 1,139,769.01 203,345.35 1,203,345.35 246,306.24 1,246,306.24
18 53 13,535.00 0.00 0.00 150,308.74 1,150,308.74 224,913.15 1,224,913.15 276,413.43 1,276,413.43
19 54 13,535.00 0.00 0.00 160,810.37 1,160,810.37 247,737.10 1,247,737.10 309,057.32 1,309,057.32
20 55 13,535.00 0.00 0.00 174,229.11 1,174,229.11 276,287.64 1,276,287.64 349,835.25 1,349,835.25
21 56 13,535.00 0.00 0.00 184,551.09 1,184,551.09 302,061.41 1,302,061.41 388,649.44 1,388,649.44
25 60 13,535.00 0.00 0.00 226,501.83 1,226,501.83 426,317.73 1,426,317.73 587,633.30 1,587,633.30
30 65 13,535.00 0.00 0.00 265,830.67 1,265,830.67 622,485.42 1,622,485.42 947,433.13 1,947,433.13
35 70 10,000.00 0.00 0.00 273,073.81 1,273,073.81 869,650.02 1,869,650.02 1,487,923.85 2,487,923.85
64 99 10,000.00 0.00 0.00 0.00 0.00 1,597,969.88 2,597,969.88 16,273,499.95 17,273,499.95

TOTAL ANNUAL PREMIUM AND TOP UPS : 746,050.00

The rates of return shown above are for illustration purposes only. The projected values are NOT GUARANTEED and will depend on the actual performance of the
fund/s selected.
The above demonstrates possible benefits assuming an 8% rate of return. This is for illustration only and is not a guarantee of future results.
The projected values are net of the following:
1. An Insurance Charge that is imposed in respect of the Death Benefit starting on the 1st policy year and in respect of any Rider benefit upon its effectivity. For
the 1st deduction of Insurance Charge, units of the relevant Fund/s will be cancelled on the Valuation Date immediately after the Policy Date. The Due Dates for
succeeding Insurance Charges are on every Monthly Anniversary.
2. A Premium Charge of 72% on the 1st year, 30% on the 2nd year, 15% on the 3rd year until the 5th year and 5% on the 6th year until the 10th year will be applied
on the Regular Premium less any Rider Premium and 5.0 % on every Top-up Premium thereafter. Monthly Periodic Charge of 25% on the 2nd & 3rd year, 20% on the
4th & 5th year applied on the Regular Premium less any Rider premium will be deducted from the fund.
3. A Fund Management Charge of 2% of the Fund Value for the Equity Fund. It is deducted in the calculation of the Net Asset Value (NAV) of Equity Fund in
accordance with the Valuation Provision.
The above charges are subject to change. The Insurer reserves the right to adjust any charges in this plan at any time.
Notes:
1. All payments and benefits shown are in Philippine Peso. Payments are accepted in Philippine Peso only.
2. The Annual Contribution includes Regular Premium and other additional benefit charges. Regular Premium includes any extra premium, any Rider Premium,
initial deposit to the fund and all charges enumerated above.
3. The Living Benefits reflected above are the projected Total Fund Value. The projected values of the fund/s are based on assumed annual returns of 4%, 8%
and 10%. These are hypothetical figures and are not meant to represent or be indicative of the actual returns of the fund/s. The Total Fund Value may be less
than the amount invested. The investment risks associated with this policy are to be borne solely by the Policyowner.
4. The assumed annual rates of return above are based on your selected fund/s. This illustration shows that 100.00% of your Initial Fund Deposit is deposited to
the Equity Fund.
5. The illustration summary relates to your ENHANCE.
6. A Loyalty Bonus may be credited to each of the Policyowner's Fund/s at the end of the 10th policy year and each 5th policy year thereon while the policy is in
force. The amount of Loyalty Bonus is determined by multiplying the loyalty bonus percentage, as determined by the Insurer from time to time, with the average
monthly Total Fund Value at the end of each policy month for the previous five years. The Loyalty Bonus is not guaranteed and will depend on the actual
7. If you decide that this plan is not suited to your needs, simply return the policy to Pioneer Life Inc. within 15 days from the date you received it. The amount
refundable shall be the sum of the Insurance Charges, and the Premium Charges paid from the Policy Date plus the Total Fund Value.
8. This Illustration of Benefits shall form part of the insurance contract once your variable life policy is issued.

. . VALUED CLIENT
Proposed Owner's Name and Signature

Pioneer Life Inc.

Pioneer House Makati, 108 Paseo de Roxas, Legaspi Village, Makati City 1229
Runtime : 10.09.54 PM Version : 03.31.2021
Tel: +632 8812 7777 Fax: +632 8817 1461 www.pioneer.com.ph
Insured's Name : . . VALUED CLIENT
Policyowner's Name : . . VALUED CLIENT
Agent's Name : RONALD CATALAN FFSI, ASRI, ALMI, ACS

POLICYOWNER ACKNOWLEDGMENTS

ACKNOWLEDGMENT OF VARIABILITY

I acknowledge that:

I have applied with Pioneer Life Inc. for a Variable Unit Linked(VUL) Policy, and have
reviewed the illustration/s that shows how a VUL policy performs using the Insurer’s
assumptions and based on the Insurance Commission’s guidelines on interest rates.

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

I understand that the investment risks under the VUL Policy are borne solely by me, as the
Policyowner.

. . VALUED CLIENT

Proposed Owner's Name Proposed Owner's Signature Date Agent's Signature

Pioneer Life Inc.

Pioneer House Makati, 108 Paseo de Roxas, Legaspi Village, Makati City 1229
Runtime : 10.09.54 PM Version : 03.31.2021
Tel: +632 8812 7777 Fax: +632 8817 1461 www.pioneer.com.ph