Dear OBINA LANANTE MARLON,

Congratulations, you are on your way to achieving your dream PROTECTION plan for you and your family. Your
personalized MyLifeChoice plan is a peso-denominated, regular-pay investment-linked life insurance plan powered
by AXA.

Your plan comes with a living and protection benefits which are summarized below:

Living Benefits
Your Benefit (Account Value)

At year 10 At year 15 At age 65

At 4.00% annual rate of return 64,067 120,534 190,271

At 4.25% annual rate of return 64,925 123,085 195,817
At 10.00% annual rate of return 88,593 201,803 388,406
*Values shown above do not incorporate premium holiday and/or withdrawals. To view your adjusted account values due to
premium holiday and/or withdrawals, please refer to the supplementary illustration of benefits in the proposal.

Protection Benefits
Your Loved Ones (Death Benefit)

At year 1 At year 10 At year 15

At 4.25% annual rate of return 360,000 360,000 360,000

Secure (if accidental death) 360,000 360,000 360,000
Total Death Benefit 720,000 720,000 720,000
Total Death Benefit Annual Regular Top-up Lump Sum Top-up
Basic Annual Premium
at Year 1 and Rider Premium At policy year 1
720,000 12,000 0 0

Your plan also comes with the following benefits:

 Waiver of Premium - waives your remaining future annual premiums of Php 12,000 in case of total and permanent
disability of insured.

This summary page is not part of the contract and is for marketing use only.
 Start-Up bonus
AXA also invests with you through the start-up bonus feature. On day 1 of your policy, AXA will add an
equivalent of 70% of your basic annual premium to your investment provided there were no premium
holidays applied and no withdrawals are made before policy years 10, 15 and 25.

At Policy Year 15,

8,400 20% of your basic

At Policy Year 10,
20% of your basic
AXA will add to your investment annual premium
equivalent to 70% of your invested as start-up
basic annual premium bonus, including gains,
if any, will be credited
to your account value.
annual premium
invested as start-up
bonus, including
gains, if any, will be
credited to your
account value.
At Policy Year 25,
30% of your basic
annual premium
invested as start-up
bonus, including
gains, if any, will be
credited to your
account value.

The accumulation of your Start-Up bonus will follow the performance of your selected funds and is not
guaranteed. Start-Up Bonus will be vested in your Account Values if premiums are paid on time or
within the grace period, no premium holidays were previously applied and no withdrawals were made.

Fund Allocation and Available Funds

Equities Balanced Bonds

Philippine Wealth Philippine Wealth Bond

Opportunity Fund 50% 0% 50%
Balanced Fund Fund

Global Dynamic
Spanish American AXA Target Date Fund
0% 0% Allocation Fund PHP – 0%
Legacy Fund 2030
Stable

AXA Target Date Fund

Chinese Tycoon Fund 0% 0%
2035

Philippine Wealth Equity AXA Target Date Fund

0% 0%
Fund 2040

Global Advantage Fund AXA Target Date Fund

0% 0%
PHP 2045

Global Dynamic Global Dynamic

Allocation Fund PHP – 0% Allocation Fund PHP – 0%
Growth Multi Asset

Thank you for choosing AXA Philippines. We look forward to being your partner in achieving your unique financial
goals.

Sincerely,

AXA Philippines.

This summary page is not part of the contract and is for marketing use only.
 Notes:
1. This summary page is not part of the contract and is for marketing use only.
2. To know the complete details of your MyLifeChoice plan, please refer to the proposal that follows

3. The rates of return shown above, approved by the Insurance Commission, are for illustration purposes only and
do not guarantee future performance. The actual return may differ. You may refer to the Historical Fund
Performance to check the past performance of AXA funds.
4. The illustrated benefits are NET of the following policy charges:
a. Premium charges of 40% of the basic premium from the first up to the fifth years of the Policy; all Top-
Ups shall be subjected to a Top-Up charge of 2%.
b. Cost of Insurance, for the basic plan coverage and supplementary benefits, shall be deducted monthly
from the account value. Plus, Administration Charge of Php1,200 per Policy year.
c. Asset Management Charge may vary depending on the chosen funds(s) plus VAT.
d. Withdrawals (partial and full) are subject to surrender charges of 100%, 100%, 50%, 30%, 10%
respectively during the 1st 5 policy years and 5% from 6th to 10th policy year of the amount withdrawn.

5. Assumptions:
a. The illustrated benefits assume the following:

i. All premiums are paid in full when due and as scheduled.

ii. Current scale of charges remains unchanged.

b. Policy charges are based on the standard risk class without taking into acccount your own circumstances
(example: occupation, heath conditions etc.). Risk class will be determined according to our
underwriting guidelines.

6. Charges for the basic policy and administration charges shall be deducted monthly until the termination of the
policy. Charges for any supplementary benefits/riders shall be deducted monthly until the end the rider coverage.
7. Any withdrawals from the Account Values will correspondingly reduce the Death Benefit payable.
8. Policy charges are not guaranteed and may change subject to prior approval of the Insurance Commission.
9. For policies with Care Rider and/or Critical Condition Rider, pay out benefits are subject to the following
exclusions:

a. Waiting period, prior any commencement of claim, of thirty (30) days for Care Rider and sixty (60) days
for Critical Condition Rider from the effective date of this rider or date of its last reinstatement; or

b. Hospitalizations arising from pre-existing conditions which means a condition (a) for which the Insured
received medical advice, consultation or treatment, or (b) whose signs or symptoms are evident, or
should have been evident to the Insured, even if the Insured did not seek medical advice, consultation or
treatment during the two years preceding the supplement effective date, or reinstatement date, whichever
date is later. “Condition” means any type of illness, specific injury, disease or infirmity including all
underlying or related conditions and any manifestation thereof, whether in one or more than one body
system, that are claimed within twelve months from the Effective Date of this Supplement or date of its
last reinstatement (whichever is later)
(For the complete benefits- and exclusions- list of the riders, you may refer to the policy contract).

10. If after purchasing the variable life insurance contract, you realize that it does not fit your financial needs, you may
return the contract to AXA Philippines within fifteen (15) days from the time you received it. AXA Philippines with
return to you the Account Values and all initial charges.

This summary page is not part of the contract and is for marketing use only.
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male
Dear OBINA LANANTE MARLON,

Congratulations, you are on your way to achieving your dream MEDIUM-TO-LONG TERM INVESTMENT in 12 years.

We are glad you chose MyLifeChoice, a peso-denominated, regular-pay investment-linked life insurance product that will
cater to your savings and protection needs by placing your premiums in expertly managed fund/s while providing you with
insurance coverage.

You can look forward to your goals with a plan that lets you enjoy these benefits:

Plan Summary (in PHP)

Annual Premium 12,000.00
Premium Payment
Period* Up to age 90 of the insured
Sum Insured 360,000
Death Benefit Option Level Death Benefit
Contract Term Up to age 90 of the insured
Philippine Wealth Bond Fund 50%
Opportunity Fund 50%
Chosen fund/s
TOTAL 100%

Account Values at year With assumed fund growth rate at 4.00% 83,980
of goal: Policy Year 12** With assumed fund growth rate at 4.25% 85,329
With assumed fund growth rate at 10.00% 124,020
*Depending on the current market conditions, you may be requested to pay additional premiums, if your Account Values
will not be sufficient to pay for the recurring Policy charges to sustain the plan’s coverage.
**The rates of return shown above, approved by the Insurance Commission, are for illustration purposes only and do not
guarantee future performance. The actual return may differ based on actual market performance on valuation date.

Your plan automatically comes with these additional benefits:

Waiver of Premium
AXA will ensure that your remaining basic premiums will be paid for even if you become totally
and permanently disabled before the age of 60, to ensure that you achieve your goals no
matter what happens.

Accidental Death and Disability

AXA will provide you and your loved ones with financial assistance in case of death,
dismemberment, disablement, and/or major burns caused by accidents.

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.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 1 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male

You also enjoy these unique offerings:

Start Up bonus
At the beginning of your Policy effective date, AXA will put in additional amount to your fund
equivalent to 70% of your first year basic annual premium. Start Up Bonus will be vested in
your Account Values if premiums are paid on time or within the grace period, no premium
holidays were previously applied and no withdrawals were made. The longer you maintain
your good savings habits, the higher bonus you will receive.

The value of your Start Up bonus will be vested accordingly:

Vesting Year* Start Up Bonus

Policy Year 10 20% of your first year basic annual premium
Policy Year 15 20% of your first year basic annual premium
Policy Year 25 30% of your first year basic annual premium
Total Bonus 70% of your first year basic annual premium
*Vesting Year is the time when the portion of the Start Up bonus will be accessible to you for
withdrawals and fund switching.

The accumulation of your Start Up bonus will follow the performance of your selected funds and is
not guaranteed. The unit price that will be used is the NAV of the selected fund/s at the end of each
vesting year.

The benefits of this Policy may be subject to limits, please refer to the notes of your chosen plan’s
inclusions/exclusions/limits. The succeeding pages of this proposal will provide more details on the features and benefits
of MyLifeChoice.

Thank you for your interest in MyLifeChoice. For additional assistance, you may call me at my contact number below or
the AXA Customer Care Hotline No. (02)85815-292.

LANANTE, MARIAN OBINA

221904
60177
639369777790

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 2 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male

Below are important details of your proposal and descriptions of available funds:

Maximum Sum Insured Annual Premium

Basic Plan: coverage age (in PHP) (in PHP)

MyLifeChoice 90 360,000 12,000

Supplements (additional benefits):

Waiver of Premium - waives all future 60 12,000 0.00
premiums in case of total and permanent
disability

Secure - accidental death and dismemberment 70 360,000 0.00

benefit

TOTAL 12,000.00

You may also pay your premium in the following modes:

Mode of Payment Modal Premium
(in PHP)
Annual 12,000.00
Semi-annual 6,000.00
Quarterly 3,000.00
Monthly 1,000.00

You may choose to invest in any of the following funds. If you choose to invest in more than one fund, a minimum allocation
of 10% per fund is required. The total allocation should always be equal to 100%.
a. Opportunity Fund - This equity fund aims to achieve long term growth capital gains and dividends by investing in a
diversified portfolio of equities of Philippine corporations from different industries.

b. Spanish American Legacy Fund - This equity fund aims to achieve medium-to-long-term growth through capital
gains and dividends by investing in a management themed-portfolio comprised of Philippine companies from
different industries with Spanish-American heritage.

c. Chinese Tycoon Fund - This fund aims to achieve medium-to-long-term growth through capital gains and
dividends by investing in a management themed-portfolio reflective of the Chinese-Filipino entrepreneurial spirit
through strategic investment in Philippine companies from different industries.

d. Philippine Wealth Balanced Fund - This balanced fund is designed to achieve long-term growth through both
interest income and capital gains with an emphasis on providing a modest level of risk. It seeks to manage risk by
diversifying asset classes and industry groups through investment in bonds issues by the Philippine government
and equities issued by Philippine corporations comprising the Philippine Stock Exchange index.

e. Philippine Wealth Bond Fund - This bond fund is an actively managed fixed income fund that seeks to capitalize
on capital and income growth through investments in interest-bearing securities issued by the Philippine
Government and money market instruments issued by banks.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 3 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male

f. Philippine Wealth Equity Fund - This equity fund seeks to achieve long-term growth of capital by investing mainly
in equities of Philippine corporations comprising the Philippine Stock Exchange index. The fund aims to provide
access to a diversified portfolio of equities from different industries.

g. AXA Target Date Funds 2030, 2035, 2040, 2045 - These funds use (1) long term risk and return assumptions and
(2) estimates of the average client’s risk aversion. As the fund moves closer to the target date, the fund will
rebalance the portfolio to reflect the changing needs and priorities of the average client. The fund will prioritize
growth assets early on in the fund’s life and will move closer to a balanced portfolio with more conservative
investments as it nears the target date.

h. Global Advantage Fund PHP - The Fund is a passive equity fund that aims to provide investment returns
corresponding to the general performance of the 100 largest and most active non-financial stocks in the US. It
achieves this by investing in exchange-traded funds listed globally.

i. Global Dynamic Allocation Fund PHP – Stable - The Fund is an actively-managed fund-of-funds that seeks to
provide its investors access to a diversified portfolio of fixed income securities spread across five major regions in
the world while maintaining a lower level of portfolio risk.

j. Global Dynamic Allocation Fund PHP – Multi Asset - The Fund is an actively-managed fund-of-funds that seeks
to provide its investors access to a diversified portfolio of fixed income and equities securities spread across five
major regions in the world maintaining a moderate level of portfolio risk.

k. Global Dynamic Allocation Fund PHP – Growth - The Fund is an actively-managed fund-of-funds that seeks to
provide its investors access to a diversified portfolio of equities securities spread across five major regions in the
world while maintaining a high level of portfolio risk.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 4 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male

SPECIAL FEATURES
Fund switching allows you to manage your investment by choosing from the available
AXA peso-denominated funds. Minimum switch amount is the peso equivalent of
Fund Switch USD 400. Fund switching is allowed any time after the Policy issue date. There will
be eight free switches per year, and you will be charged 1% of the switch amount in
excess of the free.
Top-Ups are additional premium that go directly to your chosen investment fund to
accelerate the growth potential of your Account Values. Top-ups also shares a part
on the calculation of the Minimum Death Benefit.
Your Minimum Death Benefit for any Policy year is equal to the Sum Insured, plus
125% of total Top-Up premiums paid less 125% of total partial withdrawals made.
There are two types of Top-Ups:
Top-Ups · Lump Sum Top-Up - is an additional premium that goes directly to your
chosen investment fund/s which you can do anytime. The minimum Lump
Sum Top-Up amount is PHP 5,000
· Regular Top-Up - is a committed additional premium that goes directly to
your chosen investment fund/s paid together with your regular premium. The
minimum Regular Top-Up amount is PHP 1,000

Premiums are paid depending on your chosen premium payment schedule. In

circumstances that prevent you from being able to pay your premium, you may
Premium Holiday request for a temporary premium holiday as long as your Account Values is sufficient
to pay the charges, including Premium Charges, to sustain your Policy.

Your bonus will grow along with your fund and will be added to your Account Values
per the schedule identified in Page 2 of this document. The Start-Up bonus will be
allocated to Your Policy in proportion to the Account Values of each investment fund
Start-Up Bonus relative to the Account Values of Your Policy. The Units to be created will be credited
on the Valuation Dates of the relevant Investment Funds immediately following the
date of the bonus is credited, in accordance with the rules We set from time to time.

You have the option to choose between two Death Benefit options:

· Level Death Benefit - provides Death Benefit equal to the Minimum Death
Benefit or Account Values, whichever is higher.
Increasing or Level Death · Increasing Death Benefit - provides Death Benefit equal to Minimum Death
Benefit options Benefit plus Account Values.
Minimum Death Benefit is equal to the Sum Insured, plus 125% of total Top-Up
premiums paid less 125% of total partial withdrawals made.

You have the option every year to increase your insurance coverage to ensure that
the amount you leave for your loved ones will be protected against inflation.
You can choose to increase your coverage based on the current Consumer Price
Inflation Shield Index subject to a minimum percentage that AXA Philippines may determine from
time to time with no further proof of insurability and with a minimal additional
premium. This offer is only available during your premium paying period.

*Additional premium is still subject to premium charges.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 5 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male
ILLUSTRATION OF BENEFITS
The values indicated below reflects timely payment of premiums depending on your chosen premium payment period. In
addition, you have the option to accelerate the growth potential of your Account Values by paying Top-Up premiums which
go directly to your chosen investment fund/s.
The following table, assuming different rates of return, illustrates your Account Values when premiums are paid in full when
due for the duration of the policy, no unpaid premium (Premium Holiday), no withdrawals, and the current scale of charges
remain unchanged. The illustrated values below are inclusive of the Start-Up Bonus.

ILLUSTRATION OF BENEFITS (in PHP)

Total
cumulative
End of regular basic Start Up Low Current High
Policy Year premiums and Bonus 4.00% rate of return 4.25% rate of return 10.00% rate of return
Top-Ups, if any

Living Benefit Death Benefit Living Benefit Death Benefit Living Benefit Death Benefit

1 12,000.00 8,400 3,163 360,000 3,176 360,000 3,461 360,000

2 24,000.00 6,371 360,000 6,404 360,000 7,185 360,000
3 36,000.00 9,620 360,000 9,683 360,000 11,195 360,000
4 48,000.00 12,906 360,000 13,008 360,000 15,514 360,000
5 60,000.00 16,223 360,000 16,374 360,000 20,168 360,000
10 120,000.00 64,067 360,000 64,925 360,000 88,593 360,000
12 144,000.00 83,980 360,000 85,329 360,000 124,020 360,000
15 180,000.00 120,534 360,000 123,085 360,000 201,803 360,000
20 240,000.00 190,271 360,000 195,817 360,000 388,406 388,406
23 276,000.00 239,331 360,000 247,698 360,000 554,530 554,530
30 360,000.00 405,340 405,340 425,276 425,276 1,254,691 1,254,691
40 480,000.00 735,120 735,120 781,850 781,850 3,444,573 3,444,573
50 540,000.00 *** *** *** *** *** ***
Age 60 180,000.00 120,534 360,000 123,085 360,000 201,803 360,000
Age 70 300,000.00 285,782 360,000 297,229 360,000 733,818 733,818
Age 80 420,000.00 554,114 554,114 585,078 585,078 2,093,562 2,093,562
Age 90 540,000.00 955,342 955,342 1,024,144 1,024,144 5,620,390 5,620,390
The rates of return shown above, which are approved by the Insurance Commission, are for illustration purposes
only, nor they guarantee future performance. These return figures do not represent expected returns. The actual
return may differ. You may refer to the Historical Fund Performance to check the past performance of AXA Funds.

Current rates are derived as follows:

1. Global Dynamic Allocation Peso funds: middle of the projected long-term returns based on 10-year economic
forecast and the historical long-term returns using the benchmark or a comparable index of the fund/s for the past
ten(10) years;
2. Global Advantage Fund Peso: middle of the projected long-term returns based on 10-year economic forecast and
the historical long-term returns of the fund or comparable index for the past fifteen (15) years;
3. Other funds: historical experience of the fund/s in the past three (3) years; and
4. If you have chosen multiple funds, the current rate illustrated is the average rate based on the weight of your
selected fund.

Your Living Benefit will only be withdrawn and be payable to you when you make a formal request to AXA Philippines. If no
request has been made, this Policy shall continue to provide its benefits as long as it is in-force or until the insured reach
age 90.

Your contract term is specified in the illustration of benefits in this proposal. Please refer to the additional notes below
applicable to the illustration of benefits table.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 6 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male
Notes:
1. This illustration shall form part of the insurance contract once the Policy is issued.
2. These funds and corresponding illustrations are only valid in connection with AXA products solely distributed within
the Philippines

3. All payments and benefits shown are in Philippine Peso.

4. The values in the illustration of benefits table are based on the projected performance of your chosen fund/s. 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 projected returns, which are approved by the Insurance
Commission, on investments are based on assumed annual rates of 4%, current interest rates as explained
above, and 10%. These rates are for illustration purposes only and do not represent maximum or minimum return
on your fund.

5. The illustrated values are NET of:

a. Premium charges of 40% of the basic premium from the first up to the fifth years of the Policy; all Top-Ups
shall be subjected to a Top-Up charge of 2%.

b. Cost of Insurance, for the basic plan coverage and supplementary benefits, shall be deducted monthly
from the illustrated values. Plus, Administration Charge of Php1,200 per Policy year.

c. Asset Management Charge depending on the chosen fund/s, plus VAT and any additional expenses or
charges related to the chosen Investment Fund/s. Please refer to the individual Fund Fact Sheets
available at www.axa.com.ph for more details.
6. The illustrated benefits assume that no withdrawals are made and the current scale of charges remains
unchanged.

7. The illustrated values are still subject to a surrender charge for withdrawals (partial and full) up to the 10th Policy
year. The surrender charge is equal to the amount withdrawn multiplied by surrender factor of
100%/100%/50%/30%/10%/5%/5%/5%/5%/5% for the 1st to 10th Policy years.
8. At the beginning of your Policy effective date, AXA will put in additional amount to your fund equivalent to 70% of
your first year basic annual premium. The schedule of the Start-Up Bonus will be 20%/20%/30% of your first year
basic annual premium on Policy Years 10, 15 and 25, respectively. The accumulation of your Start-Up bonus will
follow the performance of your selected funds and is not guaranteed. Start-Up Bonus will be vested in your
Account Values if premiums are paid on time or within the grace period, no premium holidays were previously
applied and no withdrawals were made.
9. Assumptions:

a. All premiums shown in the illustration of benefits table are paid in full when due and as scheduled. It
assumes the current scale of charges remains unchanged.
b. The proposed policy charges used in this illustration summary are based on the standard risk class without
taking into account your own circumstances (example: occupation, health conditions etc.). Risk class will
be determined according to our underwriting guidelines.
10. Charges for the basic policy and administration charges shall be deducted monthly until the termination of the
policy. Charges for any supplementary benefits/riders shall be deducted monthly until the end of the rider
coverage.

11. Any withdrawals from the Account Values will correspondingly reduce the Death Benefit payable.
12. The investment gains/risks associated with this plan are solely to your account.
13. If after purchasing the variable life insurance contract, you realize that it does not fit your financial needs, you may
return the contract to AXA Philippines within fifteen (15) days from the time you received your policy. AXA
Philippines will return to you the Account Values and all initial charges.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 7 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male
SUPPLEMENTARY ILLUSTRATION OF BENEFITS
You may choose to further customize your Policy through placement of Lump-Sum Top-Ups any time and/or scheduled
withdrawals.
Highlighted in the table is the assumed withdrawable Account Values on Policy Year 12 that can be used for your dream
MEDIUM-TO-LONG TERM INVESTMENT. If you wish to fully withdraw, the Policy will automatically be terminated together
with the insurance coverage and supplementary benefits.

Total Lump Sum SUPPLEMENTARY ILLUSTRATION OF BENEFITS (in PHP)

cumulative Top-Up
End of regular basic premiums or Low Current High
Policy Year premiums and withdrawals 4.00% rate of return 4.25% rate of return 10.00% rate of return
Top-Ups, if any at Given
Years Living Benefit Death Benefit Living Benefit Death Benefit Living Benefit Death Benefit

1 12,000.00 3,163 360,000 3,176 360,000 3,461 360,000

2 24,000.00 6,371 360,000 6,404 360,000 7,185 360,000
3 36,000.00 9,620 360,000 9,683 360,000 11,195 360,000
4 48,000.00 12,906 360,000 13,008 360,000 15,514 360,000
5 60,000.00 16,223 360,000 16,374 360,000 20,168 360,000
10 120,000.00 64,067 360,000 64,925 360,000 88,593 360,000
12 144,000.00 83,980 360,000 85,329 360,000 124,020 360,000
15 144,000.00 76,483 360,000 78,681 360,000 147,206 360,000
20 144,000.00 62,538 360,000 66,403 360,000 210,521 360,000
30 144,000.00 *** *** *** *** 497,790 497,790
31 144,000.00 *** *** *** *** 546,305 546,305
40 144,000.00 *** *** *** *** 1,270,993 1,270,993
50 144,000.00 *** *** *** *** *** ***
Age 60 144,000.00 76,483 360,000 78,681 360,000 147,206 360,000
Age 70 144,000.00 32,554 360,000 38,506 360,000 314,771 360,000
Age 80 144,000.00 *** *** *** *** 793,978 793,978
Age 90 144,000.00 *** *** *** *** 2,039,230 2,039,230
The rates of return shown above, which are approved by the Insurance Commission, are for illustration purposes
only and are not based on past performance, nor they guarantee future performance. The return figures do not
represent expected returns. The actual return may differ. You may refer to the Historical Fund Performance to
check the past performance of AXA Funds.
Current rates are derived depending on the client’s chosen fund/s. See notes under Illustration of Benefits.
Your Living Benefit will only be withdrawn and be payable to you when you make a formal request to AXA Philippines. If no
request has been made, this Policy shall continue to provide its benefits as long as it is in-force or until the insured reach
age 90.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 8 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male
Attached Supplements
Summary of the Riders Attached to this Proposal

1. SECURE is an additional coverage for Accidents on top of the life insurance benefit. If the insured, because of
an accident, dies or sustains bodily injury in ways describing below, a percentage of the amount insured by
SECURE will be given based on the following:

TYPE OF INJURY % of SECURE

Sum Insured

· Permanent loss of:

- Life 100%
- Two or more limbs 100%
- Sight of both eyes 100%
- Sight of one eye and one limb 100%
- Hearing of both ears 75%
- Hearing of one ear 15%
- Speech 50%
- Sight of one eye 50%
- One limb 50%
- All joints of four fingers and thumb of right hand 40%
- All joints of four fingers and thumb of left hand 35%
- All joints of four fingers of right hand 35%
- All joints of four fingers of left hand 30%
- Two joints of right thumb 25%
- One joint of right thumb 15%
- Two joints of left thumb 20%
- One joint of left thumb 10%
- Three joints of one finger of right hand 10%
- Two joints of one finger of right hand 7.5%
- One joint of one finger of right hand 5%
- Three joints of one finger of left hand 7.5%
- Two joints of one finger of left hand 5%
- One joint of one finger of left hand 2%
- All joints of all toes of one foot 15%
- All joints of big toe 5%
- One joint of big toe 3%

· Fractured leg or patella 10%

· Shortening of leg by at least 5 cms. 7.5%
· Major burns as percent of total body surface
- Head
- 2% but less than 4% 25%
- 4% but less than 6% 50%
- 6% but less than 8% 75%
- 8% or more 100%
- Body
- 10% but less than 12.5% 25%
- 12.5% but less than 15% 50%
- 15% but less than 20% 75%
- 20% or more 100%
SECURE Premiums are payable up to age 70.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 9 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male

We will not pay You any benefit under this Supplement if Your Death, Dismemberment or Loss of Use shall result, directly or indirectly,
wholly or partly, from any of the following causes:

(1) self-inflicted injury, suicide or any attempt thereat; or

(2) disease or infection (except infection which occurs through an accidental cut or wound), including infection with any Human
Immunodeficiency Virus (HIV) and/or any HIV-related illness including Acquired Immune Deficiency Syndrome (AIDS) and/or any mutations,
derivations or variations thereof; or
(3) strike, riot, civil commotion, Acts of Terrorism, revolution, insurrection, declared or undeclared war, or any warlike operation; or
(4) murder, provoked assault or participation in any brawl; or
(5) any violation or attempted violation of the law or resistance to arrest; or
(6) while the Insured is affected by alcohol or unprescribed drug; or
(7) bodily or mental infirmity, hernia, ptomaines or infection other than infection occurring at the same time with or because of an accidental
cut or wound, disease or sickness of any kind; or
(8) poison, gas or fumes voluntarily or involuntarily taken, atomic explosion, nuclear fission, or radioactive gas; or
(9) while entering, operating, servicing, or ascending from or with any aerial or marine device or conveyance except while traveling as a
passenger in an aircraft or marine transportation operated by a commercial passenger airline or shipping line on a scheduled air or sea
service over an established passenger route; or
(10) service in the military, naval or air force in time of declared or undeclared war or while under the orders for warlike operations or
restoration of public order; or
(11) while undergoing medical or surgical treatment except as a result of accidental injury; or
(12) when occasioned by or happening through pregnancy or childbirth; or
(13) while engaged in hunting, racing of any kind, martial arts, scuba diving, hang-gliding, yachting beyond five (5) kilometer of coast-line,
bungee-jumping, parachuting, sky-diving, mountaineering, and other forms of extreme sports; or
(14) nuclear, biological or chemical (NBC) contamination; or
(15) Pre-Existing Conditions as defined in this Supplement.

“Pre-existing condition” means a condition (1) for which the Insured received medical advice, consultation or treatment, or (2) whose signs
or symptoms are evident, or should have been evident to the Insured, even if the Insured did not seek medical advice, consultation or
treatment for it, prior to the Effective date of this Supplement or date of effectivity of its last reinstatement, if any. “Condition” means any type
of Bodily Injury as defined in this Supplement.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 10 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male
2. WAIVER OF PREMIUM waives premium payments in the event you are suddenly unable to work and pay for the premiums
because of a disability. In effect, with a Waiver of Premium supplement, your policy will be allowed to continue as if premiums
are regularly and continuously paid.

The premium term of the supplement for waiver of premium is the same as the premium term of the plan to which the
supplement for waiver of premium is attached.
3. The Index-linked Increase Endorsement (IIE) allows you to increase insurance benefits at the rate of inflation with no
additional medical or processing requirements so you can be sure the value of your benefits cope with future costs. Additional
premium will be subject to premium charges.
NOTES:
1. The rates shown, if any, are those currently in effect. The rates may change subject to the approval of the Insurance Commission.
2. For a detailed description of the Supplements, including exclusions and other provisions, please refer to the policy contract.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 11 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male

HISTORICAL FUND PERFORMANCE (as of December 31, 2022)

Year-to-Date Returns Average Annualized
Annualized Annualized
PHP Fund Name Return for Return Returns
(Launch Date) 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- the last 3 (since fund
years inception) 1 yr. 3 yr. 5 yr.
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Philippine Wealth Bond
Fund - PHP 2.95% 1.71% -2.27% 0.10% -1.49% -4.76% 16.55% 7.77% -5.39% -5.44% -1.21% 3.22% -5.44% -1.21% 1.37%
(9/9/2004)
Philippine Wealth
Balanced Fund - PHP 3.84% 7.55% -3.51% -2.19% 9.66% -9.18% 10.23% -0.25% -3.11% -6.48% -3.31% 5.17% -6.48% -3.31% -1.98%
(9/9/2004)
Philippine Wealth Equity
Fund - PHP 2.91% 22.68% -3.85% -3.42% 24.47% -13.68% 4.14% -10.21% 0.12% -7.43% -5.94% 7.75% -7.43% -5.94% -5.64%
(4/6/2006)
Opportunity Fund - PHP
2.34% 25.74% -4.23% -4.40% 23.58% -13.50% 3.73% -10.97% -1.17% -8.82% -7.08% 6.74% -8.82% -7.08% -6.36%
(8/27/2009)
Chinese Tycoon Fund -
PHP 4.93% 24.64% 0.50% -1.31% 25.37% -13.21% 6.03% -12.94% -9.06% -5.30% -9.15% 4.08% -5.30% -9.15% -7.15%
(12/1/2011)
Spanish American
Legacy Fund - PHP -4.61% 16.54% -6.35% -5.62% 22.09% -9.75% -0.91% -7.18% 13.97% -11.64% -2.22% 1.66% -11.64% -2.22% -3.52%
(12/1/2011)
Philippine Peso Liquidity
Fund - PHP 1.05% 0.33% 0.61% 1.11% 1.07% 2.47% 3.67% 1.39% 0.43% 1.03% 0.95% 1.77% 1.03% 0.95% 1.79%
(5/8/2008)
AXA Target Date Fund
2030 - PHP N/A N/A N/A N/A 1.20% -10.28% 6.07% -3.54% -1.74% -7.18% -4.18% -2.93% -7.18% -4.18% -3.49%
(6/5/2017)
AXA Target Date Fund
2035 - PHP N/A N/A N/A N/A 2.23% -11.51% 5.61% -4.43% -1.51% -7.39% -4.47% -3.23% -7.39% -4.47% -4.02%
(6/5/2017)
AXA Target Date Fund
2040 - PHP N/A N/A N/A N/A N/A -11.74% 5.33% -4.92% -1.38% -7.50% -5.08% -3.42% -7.50% -5.08% -4.21%
(6/5/2017)
AXA Target Date Fund
2045 - PHP N/A N/A N/A N/A N/A -11.95% 5.14% -5.23% -1.29% -7.59% -4.74% -3.52% -7.59% -4.74% -4.36%
(6/5/2017)
Global Advantage Fund
PHP - PHP N/A N/A N/A N/A N/A N/A N/A 3.67% 30.14% -27.90% N/A -1.27% -27.90% N/A N/A
(11/9/2020)
Global Dynamic
Allocation Fund PHP –
N/A N/A N/A N/A N/A N/A N/A -0.31% 0.95% -7.42% N/A -3.25% -7.42% N/A N/A
Stable - PHP
(11/9/2020)
Global Dynamic
Allocation Fund PHP –
N/A N/A N/A N/A N/A N/A N/A 0.63% 10.57% -9.32% N/A 0.48% -9.32% N/A N/A
Multi Asset - PHP
(11/9/2020)
Global Dynamic
Allocation Fund PHP –
N/A N/A N/A N/A N/A N/A N/A 3.13% 18.77% -13.85% N/A 2.65% -13.85% N/A N/A
Growth - PHP
(11/9/2020)

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 12 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male

Notes:
1. The fund figures reflected above are not indicative of future performance. You should be aware that the
price of units per share and the potential income from them may go up or down depending on market
conditions and thus, are not guaranteed.
2. Average Annualized Performance for 1-year, 3-years and 5-years’ intervals shown in the tables above represent
the indicated Fund’s Average Annualized Performance using ANY 1-year interval, 3-years interval and 5-years
interval, respectively since inception of the funds.

3. The figures are exclusive of charges which will vary depending on the AXA Product where this fund will be used.
4. For Global Dynamic Allocation Fund - Stable Peso, Global Dynamic Allocation Fund - Multi Asset Peso, Global
Dynamic Allocation Fund - Growth Peso, and Global Advantage Fund - Peso, returns are dependent on both the
performance of the fund and the currency exchange rate. There's a possibility for an investor to experience
gains or losses due to fluctuations in the underlying fund prices and fluctuations in foreign exchange rates.

5. Philippine Peso Liquidity Fund is available for fund switching only.

6. Additional fund management charges may be deducted from certain funds. Please refer to the individual Fund
Fact Sheets available at www.axa.com.ph for more details.

Certified true and correct:

Gael Lapie

Chief Financial Officer

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 13 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male

DECLARATION AND ACKNOWLEDGEMENTS

Declaration
1. It is in my understanding that the total premium I am going to pay when I purchase this plan shall consist of the
MyLifeChoice premium, plus regular Top-Up premium, and/or supplementary premiums shown above, if any. I was
also made aware that only the MyLifeChoice premium and Top-Up premium will be allocated to purchase units of
the investment fund I will choose.

2. I confirm having read and understood the information presented in this proposal. I also confirm that I will fully
assume all investment gains and/or risks associated with the purchase of this plan. My Financial Advisor/Financial
Executive fully explained to me the features and charges that will be made on my plan, and that the actual variable
plan benefits will reflect the actual investment experience of the separate account into which my fund is invested.

Acknowledgement of Variability: Variable Life Insurance Plan

I acknowledge that:
I have applied with AXA Philippines for a Variable Life Policy, and have reviewed the illustration/s that shows how a
variable life insurance Policy performs using AXA Philippines’ assumptions and based on 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 Variable Life Insurance are periodically published.
I understand that the investment risks under the Policy are to be borne solely by me, as the policyholder.

Data Privacy
Any of my/our personal information collected or held by AXA Philippines (whether contained in the application/s or
otherwise), may be used in connection with matching for whatever purpose with such other personal information and/or
may be used, stored, disclosed, transferred (whether within or outside the Philippines) to such persons as AXA Philippines
may consider necessary, including without limitation but not limited to any of its affiliated or related companies, or any
individuals/organizations corporations/entities associated with AXA Philippines:
a. To process and deal with my application/Policy;

b. To provide all services related to my application/Policy, to promote other products/services by AXA Philippines and
its affiliated or related companies/entities, and to process my information for product development and for
marketing purposes;
c. To communicate with me for any purpose and/or to comply with the laws of any applicable jurisdiction.

I/We understand that we have the right to access our personal information at any time; correct or rectify any information
collected or held by AXA Philippines which are inaccurate, false, or incomplete; object in case of any unauthorized
collections; erase or block information which is incomplete, outdated and false; and such other rights as may be available
under the Data Privacy Act.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 14 of 15
 MYLIFECHOICE
Policyowner or Payor: OBINA LANANTE MARLON, 45, Male
Proposed Insured: Mr. OBINA LANANTE MARLON, 45, Male

Product Transparency Declaration

By signing off on the items listed below, I acknowledge that the product has been discussed with and thoroughly explained
to me.

· I understand that I am buying an investment-linked insurance product

· I understand that the principal and earnings are not guaranteed and the net asset value per unit (NAVPU) may go
up or down depending on the performance of the separate funds.

· I understand that the funds will be invested in equities and/or bonds or a combination thereof, and will be subject
to changes in market conditions.

· The available funds and the risks that they bear have been thoroughly discussed with me, and I have made my
fund allocation decision based on my own judgement of and tolerance for these risks.

· I understand that this product is appropriate for a long-term investment horizon.

· I understand that I will have zero withdrawal value during the first two years of the Policy because the amount
withdrawn will be subject to 100% surrender charge.

CONFORME:
These declarations and acknowledgements are made with the
knowledge of the AXA representative whose signature appears
below:

Applicant/Policyowner Date Financial Advisor/Financial Executive Date

Signature over Printed Name Signature over Printed Name

TO BE FILLED UP BY AXA PHILIPPINES

These declarations and acknowledgements are valid for the following Policy/Policies with Policy number/s:

Disclosure of Conflict of Interest

The Company adopts a Conflict of Interest Policy and undertakes to disclose any material information which gives rise to
actual or potential conflict of interest to our customers. Company likewise takes all reasonable steps to ensure fair
dealings with our customers.
General Disclaimer

· All information and opinions provided are of a general nature and for information purposes only. The information
and any options herein are based upon sources believed to be reliable. AXA Philippines, its officers and directors
make no representations or warranty, expressed or implied, with respect to the correctness, completeness of the
information and opinions in this document. Investment or participation in the Fund/s is subject to risk and possible
loss of principal. Please carefully read the Policy and endorsements and consider the investment objectives, risks,
charges and expenses before investing. You should seek professional advice from your financial, tax, accounting
or legal consultant before making an investment. Past performance is not indicative of future performance.

THIS FINANCIAL PRODUCT OF AXA PHILIPPINES IS NOT INSURED BY THE PHILIPPINE DEPOSIT INSURANCE
CORPORATION (PDIC) AND IS NOT GUARANTEED BY METROBANK NOR PSBANK.

Proposal No: 60177-202307270356-2-02 Plan code: DS9090A / Rider Code: WPUDRR, DSAPUDR
Proposal validity:Jul 27, 2023 to Sep 25, 2023
Date of next insurance age: Apr 05, 2024
Version Number: 6.2.0 Page 15 of 15
 Reference No. : 60177-202307270356-2-02

INVESTMENT PORTFOLIO RISK ASSESSMENT

You prefer a growth investment portfolio
Growth Investment Portfolio : A growth investment portfolio is characterized by a willingness to accept higher than
average level of risks and price volatility in pursuit of above average returns.

- You understand that investing allows for higher returns than savings, but there is a risk that your investments
might yield negative returns and the value of your investments can even be lower than the amount you
invested
- You understand that diversifying your investments over different equity funds and bond funds reduce the
volatility of the average annual returns on your investments
- You understand that a market can be volatile and that a longer holding period in general reduces the risk of
negative average annual returns
- You prefer the possibility of a higher average annual return on your investments even if this means that there
is a probability of higher negative return in any given year.

INVESTMENT PORTFOLIO RISK ACKNOWLEDGMENT

I acknowledge that the descriptions above match the risk profile of my intended investment portfolio. I also
acknowledge that the recommended fund allocation ranges resulting from my investment portfolio risk profile is only
intended as reference to help me assess my investment portfolio’s risk appetite and investment objectives.

WAIVER FOR RISK PORTFOLIO RE-CLASSIFICATION (For Clients Investing in Products with Different Risks)

I waive the results of my investment portfolio risk profile assessment and have decided to invest instead in another
investment fund or a combination investment funds which falls outside of the recommended fund allocation ranges
indicated by my investment portfolio risk profile.

INVESTMENT POLICY STATEMENT

I acknowledge that my fund allocation represents the Investment Policy of my portfolio. I have carefully read and
understood the investment objective(s) of my selected fund(s) as well as the risk(s) that it(they) bear(s).

Conforme:

Applicant/Policy Owner Date

Signature over Printed Name
 Reference Number: 60177-202307270356-2-02

FINANCIAL UNDERSTANDING SUMMARY

Dear OBINA,

Thank you for providing us with relevant information with regards to your financial needs.

Based on your current financial situation, which includes, among others, your personal
monthly gross income of 30,000.00, and after taking into consideration your objectives, risk
profile and priorities, you have selected MyLifeChoice for your Income Protection need.

The details of your insurance coverage and your insurance premium are summarized in your
MyLifeChoice sales illustration.

LANANTE, MARIAN OBINA

221904
60177
639369777790

This document is not intended to be a part of your sales illustration of your application form. This is a
summary of the financial needs that you have provided during assessment by your distributor.