UNDERWRITING: GUARANTEED INSURABILITY OFFER

USUAL UNDERWRITING RULES WILL APPLY:

For Sun MaxiLink One, Sun MaxiLink Dollar One and Sun Dollar Maximizer1

IT CAN BE SOLD THROUGH:

• Guaranteed Insurability Offer (GIO); or
• Regular Underwriting

TO DETERMINE IF THE CLIENT WILL QUALIFY UNDER GIO:

• Check if the client meets the Eligibility Requirements; and
• If qualified, check GIO Limits

REGULAR UNDERWRITING APPLIES IF:

• Client fails to meet the Eligibility Requirements for GIO; or
• GIO limits are exceeded

1 Sun Dollar Maximizer is a single pay, structured VUL product that offers capital protection if held to maturity. The guarantee on
capital protection is dependent on the ability of the note issuer to perform its obligations. The product offer is limited-period only.
 UNDERWRITING: GUARANTEED INSURABILITY OFFER

GIO GUIDELINES

GIO LIMITS

AGE 0 to 70**
*The GIO Limits are for any one life measured based on all
in-force GIO policies and pending GIO applications for the
SINGLE PREMIUM
250M following products: Sun MaxiLink One, Sun Dollar Maximizer1
LIMIT IN PS.
series and Sun MaxiLink Dollar One. Conversion rate to be
used is USD 1= Ps. 50.
FACE AMOUNT
LIMIT IN PS.
62.5M
**Although the increased GIO limits apply to all ages, the
actual acceptance age will still depend on specific guidelines
SINGLE PREMIUM
LIMIT IN USD*
5M per product.

FACE AMOUNT
LIMIT IN USD*
1.250M

1 Sun Dollar Maximizer is a single pay, structured VUL product that offers capital protection if held to maturity. The guarantee on
capital protection is dependent on the ability of the note issuer to perform its obligations. The product offer is limited-period only.
 UNDERWRITING: GUARANTEED INSURABILITY OFFER

USUAL UNDERWRITING RULES WILL APPLY:

For Sun MaxiLink One, Sun MaxiLink Dollar One and Sun Dollar Maximizer1

GUARANTEED INSURABILITY OFFER (GIO)

ELIGIBILITY REQUIREMENTS:

1 Proposed insured does not have a declined/postponed application

within the past three (3) years. This is waived under limited offer
structured notes.

2 Total GIO must be within GIO issue limits.

3 All other existing guidelines for GIO still apply.

1 Sun Dollar Maximizer is a single pay, structured VUL product that offers capital protection if held to maturity. The guarantee on
capital protection is dependent on the ability of the note issuer to perform its obligations. The product offer is limited-period only.
 UNDERWRITING: GUARANTEED INSURABILITY OFFER

USUAL UNDERWRITING RULES WILL APPLY:

For Sun MaxiLink One, Sun MaxiLink Dollar One and Sun Dollar Maximizer1

GUARANTEED INSURABILITY OFFER (GIO)

AGGREGATION RULES IN DETERMINING GIO LIMIT:

1 Aggregate all issued GIO policies and pending GIO applications.

2 Do not include regularly underwritten and SIO policies in the

aggregation.

1 Sun Dollar Maximizer is a single pay, structured VUL product that offers capital protection if held to maturity. The guarantee on
capital protection is dependent on the ability of the note issuer to perform its obligations. The product offer is limited-period only.
 UNDERWRITING: GUARANTEED INSURABILITY OFFER

REMINDERS

Retention limit is no longer an eligibility requirement for GIO. Clients who have exceeded
their retention limit based on the total of their regular and SIO policies are still qualified
under GIO as long as the above-mentioned eligibility requirements are met.

Applications that do not qualify under GIO can be submitted as regular applications
and will be subjected to the regular underwriting guidelines.

Note: Just like all NB applications, GIO applications will also pass through Enhanced Due Diligence (EDD) checking to comply with AMLA. Additional requirements might be ordered and evaluated
depending on the result of the process check
 UNDERWRITING: GUARANTEED INSURABILITY OFFER

UNDERWRITING APPROACHES FOR GIO:

Approve or decline only.

Approve if eligibility requirements and GIO limits are met.

Decline if any of the eligibility requirements were not met

and GIO limits are exceeded.

APPLICATION FORMS:
GIO Application Form will be used if under GIO. The
application form would contain statement pertaining to
conditions under the GIO.

Regular Application Form will be used for regular

underwriting.

Note: 1. There should be beneficiary for death and maturity