SALES ILLUSTRATION

Name of Policy Owner: MR. EDUARDO BIEN Modal Premium (Php): 5,000.00
Annual Premium(Php): 10,000.00
Name of Insured: MR. EDUARDO BIEN Minimum Death Benefit (Php): 50,000.00
Issue Age of Insured: 55 Sum Insured (Php): 120,000.00
Mode of Payment: Semi Annual Premium Holiday: After 10 years
Equity Fund: 100.00%

This is a Philippine Peso denominated variable life product where regular premium payments are required for a whole life coverage providing
living and death benefits.  The living benefit, which may be withdrawn in part or in full, will depend on the investment performance of your
chosen fund/s and on the distribution you indicated.  Our investment objectives for each fund are as follows:

For the Peso Money Market Fund, we seek to provide policyholders a facility to invest in a portfolio of highly liquid and less volatile
investment securities that aim to preserve the principal invested and at the same time maximize yields on short-term investments. This fund
will be investing mostly in time deposits and/or short term promissory notes.

For the Fixed Income Fund, we seek to achieve an optimal level of income in the medium term together with long-term capital growth while
achieving level security and stability through investment in Peso denominated fixed income securities and money market instruments.

For the Balanced Fund, we seek to optimize medium to long-term capital and income growth through investment in Peso denominated fixed
income securities such as bonds, money market instruments, and shares listed on the Philippine Stock Exchange.  The asset allocation is to
be determined by the fund manager and may be changed from time to time.

For the Equity Fund, we seek to optimize long-term capital appreciation through investment in ranking listed equity securities, diversified
across all sectors to reduce portfolio volatility.

For the Growth Fund, we seek to provide a vehicle for long-term growth and capital appreciation by investing in medium to large capitalised
listed companies in the Philippine Stock Exchange.

For Select Equities Fund, we seek to provide long-term portfolio growth and capital appreciation by primarily investing in ten (10) of the most
liquid and well-capitalized dividend paying stocks listed in the Philippine Stock Exchange.

For the Guardian Fund, we seek to deliver growth and capital appreciation in the long-term by initially investing in ten (10) listed companies
deemed to be the next set of the most liquid and well-capitalized dividend-paying stocks in the Philippine Stock Exchange.

The death benefit, on the other hand, is the total of the living benefit and the sum insured, where sum insured should not go lower than the
minimum death benefit which is equal to 5x the regular premium. The minimum death benefit will increase by 125% of each top-up, if any,
and will decrease by 125% of each partial withdrawal, if any. All figures illustrated in this page are based on the original plan applied for and
do not consider any top-ups or withdrawals. INVESTMENT RISKS ASSOCIATED WITH THIS PRODUCT ARE TO BE BORNE SOLELY BY
THE POLICYOWNER.

This sales illustration shall form part of your insurance contract once the Policy is issued.  If after buying the Policy you decide it is not
suitable for your needs, simply return to us the Policy with the Policy Data Page and this sales illustration within fifteen (15) days from
the date you received them.  We will then refund to you the market value of the fund/s linked to the Policy including initial acquisition,
administration, and insurance charges.

The information contained in this sales illustration may change as deemed necessary by the Insurance Commission.

I have read and understood the disclosures in this proposal.  My agent has explained to my satisfaction the principal features of the Policy,
the manner in which the benefits will reflect the investment performance of the fund/s, and the guarantees on minimum death benefit and
maximum charges.  I fully understand that in buying this Policy, I am assuming all investment risks associated with it.

Policy Owner
Presented By: EDITHA BULANDOS VENDIVIL Agent Code: 0000A03945
Date: 08 Jun 2018 09:16AM Agent's Signature:

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 WEALTH SECURE
SALES ILLUSTRATION OF BENEFITS - EQUITY FUND

The values below are based on assumed investment return rates of 4%, 8%, and 10% representing low, medium, and high investment returns from
the fund, respectively.  However, these rates are for illustration purposes only and are not indicative of the actual rate that may occur.  Illustrative
benefits using these rates can only give us an idea as to the range of possible returns that may be achieved by the fund.   Furthermore, the
performance of the fund is not guaranteed and that the fund value may be less than the amount invested. In case of insufficient funds, we may advise
you to make a top-up, or resume premium payments in case of a premium holiday option, to ensure your continuous coverage under this policy.

The amounts to be invested per year are made up of the premium allocation less insurance charges shown below. Unallocated premiums will be used
to cover acquisition and administrative expenses. Furthermore, charges will be deducted proportionately based on fund balances.

1. Values reflected in this page are based on the mode of payment chosen and assumes that all modal premiums are paid in full when due and
as planned.
2. Initial acquisition and administration charges amount to PhP8,500.00.  All top-ups are subject to an initial charge of 7% of the top-up
premium.  Top-ups made, if any, will automatically increase the minimum death benefit by 125% of the top-up premium.  If sum insured falls
below the minimum death benefit, we will automatically increase the sum insured to be equal to the minimum death benefit.
3. Top-up made on the first policy year is assumed to take place one month after issuance to give way to the cooling off period. Top-ups in the
succeeding years are assumed to be made together with the payment of the regular annual premium.
4. Initial insurance charge of PhP61.20 will be deducted monthly from the fund for the first year. Insurance charges for the succeeding years
shall depend on the attained age. Future increases in sum insured will also be subject to an insurance charge based on the insured's attained
age at the time of such increases.
5. The investment return rates are net of the 2.00% annual investment management charge, fund accounting charge, taxes and other fees.
6. Rider charges of Php 0.00 will be deducted monthly up to termination date of rider.
7. Insurance and rider charges are not guaranteed but are subject to maximum rates. They are based on an applicant rated as standard. For
substandard applicants, the charges will be different.
8. Withdrawals, if any, are assumed to be made at the end of the policy year. Withdrawals will automatically decrease the minimum death
benefit by 125% of the withdrawal amount. A minimum maintaining balance of P20,000 should be kept in the fund for the policy to remain
active and in-force.
9. Changes in the timing of top-ups and withdrawals will have an effect on the fund balance and death benefit.
10. Top-ups and/or increase in regular premium may result to an increase in sum insured. All increases in sum insured are subject to
underwriting approval.

ILLUSTRATIVE BENEFITS
Policy Year Attained Age TOTAL PREMIUMS PAID Full Withdrawal Value Death Benefit
Low Medium High Low Medium High
1 56 10,000.00 794.64 823.57 838.01 120,794.64 120,823.57 120,838.01
2 57 10,000.00 5,034.46 5,225.62 5,321.78 125,034.46 125,225.62 125,321.78
3 58 10,000.00 10,885.77 11,464.14 11,759.35 130,885.77 131,464.14 131,759.35
4 59 10,000.00 20,605.22 21,941.28 22,632.69 140,605.22 141,941.28 142,632.69
5 60 10,000.00 30,625.19 33,166.48 34,502.36 150,625.19 153,166.48 154,502.36
6 61 10,000.00 40,942.98 45,184.59 47,452.81 160,942.98 165,184.59 167,452.81
7 62 10,000.00 51,541.10 58,028.99 61,561.78 171,541.10 178,028.99 181,561.78
8 63 10,000.00 62,401.33 71,735.76 76,914.81 182,401.33 191,735.76 196,914.81
9 64 10,000.00 73,519.45 86,358.88 93,621.11 193,519.45 206,358.88 213,621.11
10 65 10,000.00 84,891.06 101,956.62 111,800.84 204,891.06 221,956.62 231,800.84
11 66 - 86,227.28 108,010.82 120,857.32 206,227.28 228,010.82 240,857.32
12 67 - 87,411.01 114,339.12 130,607.08 207,411.01 234,339.12 250,607.08
13 68 - 88,450.86 120,978.47 141,134.62 208,450.86 240,978.47 261,134.62
14 69 - 89,311.65 127,923.71 152,487.39 209,311.65 247,923.71 272,487.39
15 70 - 89,986.22 135,199.33 164,747.91 209,986.22 255,199.33 284,747.91
16 71 - 90,422.99 142,786.69 177,961.44 210,422.99 262,786.69 297,961.44
17 72 - 90,583.03 150,680.71 192,192.95 210,583.03 270,680.71 312,192.95
18 73 - 90,367.01 158,815.82 207,453.23 210,367.01 278,815.82 327,453.23
19 74 - 89,730.46 167,181.27 223,814.81 209,730.46 287,181.27 343,814.81
20 75 - 88,656.57 175,795.48 241,387.84 208,656.57 295,795.48 361,387.84

25 80 - 73,815.22 220,943.18 349,634.33 193,815.22 340,943.18 469,634.33

This sales illustration shall form part of the insurance contract once the Policy is issued. For more information on what constitutes the entire
insurance contract, please refer to your Policy.

The information contained in this sales illustration may change as deemed necessary by the Insurance Commission.

Presented By: EDITHA BULANDOS VENDIVIL Agent Code: 0000A03945

Date: 08 Jun 2018 09:16AM Agent's Signature:

I-Quote version 1.43

 Wealth Secure

ACKNOWLEDGMENT OF VARIABILITY

Applicant : MR. EDUARDO BIEN

Application No : 2
Agent's Name : EDITHA BULANDOS VENDIVIL Code No : _____ Unit : _____

I acknowledge that:

I have applied with The INSULAR LIFE Assurance Company, Ltd. for a Wealth Secure policy,
and have reviewed the illustration(s) that shows how a variable life insurance policy performs using
company's 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.

_____________________________________ 08 Jun 2018 09:16AM

 Applicant's Signature over Printed Name Date

I-Quote version 1.43