DIVERSIFY PESO VER.

2
PRODUCT HIGHLIGHT SHEET

1. WHAT ARE YOU INVESTING IN AND WHO ARE YOU INVESTING WITH?
DIVERSIFY PESO VER. 2 is a regular-pay peso-denominated variable unit-linked (VUL) life insurance plan of ALLIANZ PNB LIFE INSURANCE, INC.
This product brings together the opportunities of investing in expertly managed funds while providing you with lifetime insurance protection.
2. WHAT ARE THE KEY BENEFITS FROM THIS INVESTMENT?
Life Insurance Component:
• This plan provides life insurance coverage. Since the Level Death Benefit option was chosen, the death benefit is the higher of the Total Fund
Value or the Total Sum Assured.The Total Sum Assured is 500% of Regular Premium plus 125% of each Subsequent Top-Up Premiums; less
125% of each partial withdrawal.
Note that the Owner may elect an Insured other than himself.
Investment component:
• The Total Fund Value is based on your premiums less charges; less withdrawals; plus earnings of the Fund/s chosen.
• Your investment is used to purchase units in any of the seven (7) available Funds. Each Fund’s performance may vary and presents a
different level of risk for the client.
i. Peso Multi-Sector Equity Fund (PMSEF) iv. Peso Fixed Income Fund (PFIF)
The Fund is a peso denominated equity fund that seeks long- The Fund aims to achieve preservation of capital and income
term capital appreciation by investing in a diversified basket of growth over a period of time by investing in a diversified
stocks listed in the Philippine Stock Exchange that are portfolio of Philippine Peso denominated fixed income
considered highly liquid, actively traded, and belong to the top instruments.
companies in each of the six (6) sector indices. v. Peso Balanced Fund (PBF)
ii. Peso Optimized Dividend Equity Fund (PODEF) The Fund aims to achieve long term capital and income growth,
The Fund is a peso denominated equity fund that seeks dividend by investing in both Philippine Peso-denominated fixed income
income and capital appreciation by investing in a customized securities and a concentrated portfolio of stocks listed in the
basket of no more than twenty (20) companies listed in the Philippine Stock Exchange.
Philippine Stock Exchange with 1) a history of regular vi. Peso Dynasty Equity Fund (PDEF)
declaration of dividends; 2) that have recently provided the The Fund is a peso denominated equity fund that seeks long-
highest dividend yields; and 3) are considered very liquid and term capital appreciation by investing in a customized basket of
actively traded. stocks listed on the Philippine Stock Exchange (1) that are
iii. Peso Equity Fund (PEF) considered highly liquid and actively traded; and (2) of
The Fund aims to attain long term capital growth, investing in a companies owned and/or controlled by business of Chinese
concentrated portfolio of stocks listed in the Philippine Stock ethnic origins.
Exchange. vii. Peso Money Market Fund (PMMF)
The Fund is designed to ensure capital preservation and
liquidity while still earning yields on short-term placements.
The fund will invest only in cash and near-cash investments
with an investment horizon of up to one (1) year. This fund will
provide a safe haven to clients during times of market volatility
or while waiting for an opportunity to invest in the other Peso
funds.
3. WHAT ARE THE KEY RISKS OF THIS INVESTMENT?
DIVERSIFY PESO VER. 2 is a VUL product which is an insurance policy with an inseparable investment component which allows the policyholder
to invest in any of the seven (7) available funds. Like all other financial products, VULs have their advantages and trade-offs.
As an investment-linked insurance product, the policyholder must understand and realize that the product is subject to certain risks, such as, but
not limited to investment, credit, interest rate, liquidity, mark-to-market, regulatory, and taxation risks which could affect the account or fund
value of the whole VUL policy.
Allianz PNB Life Insurance, Inc. is guided by the investment policies approved by the Insurance Commission (IC) including the IC-issued
“Guidelines on Variable Life Insurance Contracts”. The supervision and regulation by the IC, however, does not guarantee the investment returns
nor protection of the VUL policy against capital loss.
For a better understanding of the nature of these aforementioned risks, a table of Definition of Risks is provided in the succeeding page.
4. WHAT ARE THE FEES AND CHARGES FOR THIS INVESTMENT?
The following are the charges for this investment:
a. Premium charge (% of regular premium) – 50% on the first year, 10% on the second year, 5% on the third to fifth year, and 0% on 6th
year onwards.
b. Premium policy fee (% of regular premium charged monthly) - 1.50% per month for the first two years, 1% per month on the third year,
0.5% per month on the fourth to tenth year, and 0.05% per month on 11th year onwards.
c. Top-up charge – 6% of Top-up premium
d. Top-up set-up charge – PHP 600 charged to Top-up premium
e. Monthly insurance charge – This charge is for providing insurance coverage on your policy and charged to your Total Fund Value by
selling the appropriate number of units. This charge is also expected to decrease as the Fund Value increases.
f. Fund management charge –This charge is already reflected in the published Net Asset Value Price per Unit (NAVPU) and is based on an
annual rate of:
• 2.00% for Peso Multi-Sector Equity Fund (PMSEF) • 1.50% for Peso Fixed Income Fund (PFIF)
• 2.00% for Peso Optimized Dividend Equity Fund (PODEF) • 1.75% for Peso Balanced Fund (PBF)
• 2.00% for Peso Dynasty Equity Fund (PDEF) • 0.50% for Peso Money Market Fund (PMMF)
• 2.20% for Peso Equity Fund (PEF)
g. Partial withdrawal charge – You have four (4) free partial withdrawals per year. Subsequent withdrawals will be subject to a fee of PHP
200 each.
h. Fund switching charge – You have to two (2) free fund switching allowed per year. Each subsequent switching will be subject to an
administration fee equal to the higher of PHP 500 or 1.0% of the amount switched.
Subject to prior approval by the Insurance Commission, the Company reserves the right to impose additional charges or change any of the
above-mentioned charges by giving the Owner at least thirty (30) days prior notice.
5. HOW OFTEN ARE VALUATIONS AVAILABLE?
Fund valuation will be on a daily basis. The frequency of the Fund valuation is at the absolute discretion of the Company, but will not be less
frequent than monthly. This is published in a major daily newspaper and company website at www.allianzpnblife.ph.

STANDARD DISCLOSURE STATEMENT: 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.
I CONFIRM THAT I HAVE READ AND UNDERSTOOD THIS PRODUCT HIGHLIGHT SHEET FOR DIVERSIFY PESO VER. 2 FROM ALLIANZ PNB LIFE INSURANCE, INC.

Ranilyn A. Pudadera
Applicant Owner's Name Applicant Owner's Signature Date

A Variable Unit-Linked Life Insurance Proposal specially designed for Ms. Ranilyn A. Pudadera. Generated on 10/14/2018 Page 1 of 6 - [OCT18RPPF039]
 DIVERSIFY PESO VER. 2
PRODUCT HIGHLIGHT SHEET

6. HOW CAN YOU EXIT FROM THIS INVESTMENT, WHAT ARE THE RISKS AND COSTS IN DOING SO?
If you are not completely satisfied with the policy that you purchased, you may return it within fifteen (15) days of receipt of policy together
with a signed written notice requesting cancellation. After this period, you may surrender this Policy and receive the Total Fund Value based on
the next NAVPU. You may also withdraw a portion of your Fund or switch from one Fund to another, subject to the charges stated above.
7. HOW DO YOU CONTACT US?
Allianz PNB Life Head Office is at 9F Allied Bank Center, 6754 Ayala Ave corner Legaspi St., Makati City, Philippines Trunkline No.: (63 2) 818-LIFE
(5433); Domestic Trunkline No.: 1-800-10-818-LIFE (5433); Fax No.: (63 2) 818-2701; Email: info@allianzpnblife.ph. Allianz PNB Life Regional
Business Centers are also located in Manila, La Union, Pampanga, Cebu, Iloilo, Davao and Zamboanga. Please visit www.allianzpnblife.ph for
more details.
8. WHAT OTHER IMPORTANT INFORMATION SHOULD YOU KNOW BEFORE YOU INVEST?
Financial products of Allianz PNB Life Insurance, Inc. are not insured by the Philippine Deposit Insurance Corporation and are not guaranteed by
the Philippine National Bank and Allianz S.E.
DISCLOSURE OF CONFLICT OF INTEREST
The Manager of the available Funds makes investment decisions based on the circumstances of each Fund and independently of decisions made
for other funds.There are times when the Manager may take the same investments for a Fund and one or more 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, the Manager will attempt to allocate the investment fairly between the Fund and other funds. Factors the Manager
considers in allocations include the size and timing of previous allocation, whether the security meets the objectives of the respective portfolios,
the relative portfolio size and the rate of growth of the portfolios.
DEFINITION OF RISKS

This risk refers to the probability or likelihood of occurrence of losses relative to the expected return on any
Investment Risk particular investment.

This risk refers to the probability that a counterparty to an investment may not be able to fulfill its obligations
Credit Risk accordingly, resulting to an adverse effect on the value of a money market or debt security such as a bond.

This risk refers to the possibility that the value of investments in fixed-income securities such as bonds may rise
Interest Rate Risk and fall rates contrary, when interest rate rise, the value of an existing bond generally falls.

This risk refers to the possibility that assets or securities may not be bought or sold within a desired time and at
Liquidity Risk fair value, which in turn may affect the value of an investment or satisfy investment purchase and redemption
services of the Company to its policyholders.

This risk refers to the probability that the market value of an investment will rise or fall based on overall market
Mark-to-Market Risk 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.

This risk refers to the probability that certain laws and regulations applicable to investments, including income
Regulatory Risk tax and securities law, and the administrative policies and practices of regulatory authorities may change in a
manner that adversely affects the value of an investment.

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 of redemption date of an investment. For more
Taxation Risk information on the effects of tax on the acquisition, ownership or liquidation or investment funds, it is best for
the customer to consult a personal, independent tax adviser.

STANDARD DISCLOSURE STATEMENT: 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.
I CONFIRM THAT I HAVE READ AND UNDERSTOOD THIS PRODUCT HIGHLIGHT SHEET FOR DIVERSIFY PESO VER. 2 FROM ALLIANZ PNB LIFE INSURANCE, INC.

Ranilyn A. Pudadera
Applicant Owner's Name Applicant Owner's Signature Date

A Variable Unit-Linked Life Insurance Proposal specially designed for Ms. Ranilyn A. Pudadera. Generated on 10/14/2018 Page 2 of 6 - [OCT18RPPF039]
An Insurance Proposal specially designed for:
Insured: RANILYN A. PUDADERA
Age 39, Female, Standard
Plan Information:
Basic: Diversify Peso Ver. 2
A regular-pay, unit-linked life insurance plan
Premium Holiday Option: Pay 10-Years
Death Benefit Option: Level Death Benefit Generated on 10/14/2018
Currency: Philippine Peso PROPOSAL REF. NO OCT18RPPF039-OQUXZCEHQ-61-L-F

PLAN SUMMARY
Basic Plan Premium Direction
Type of Coverage Quarterly Premium Sum Assured Fund Allocation FMC*
Diversify Peso Ver. 2 7,500.00 150,000.00 Peso Multi-Sector Equity Fund (PMSEF) 0.00% 2.00% p.a.
Peso Optimized Dividend Equity Fund (PODEF) 0.00% 2.00% p.a.
Peso Equity Fund (PEF) 100.00% 2.20% p.a.
Peso Fixed Income Fund (PFIF) 0.00% 1.50% p.a.
Peso Balanced Fund (PBF) 0.00% 1.75% p.a.
Peso Dynasty Equity Fund (PDEF) 0.00% 2.00% p.a.
Peso Money Market Fund (PMMF) 0.00% 0.50% p.a.

Plan Riders Premium Mode

Type of Coverage Sum Assured Other Modes Available Modal Premium
Life Event Benefit: 10,000.00 Annual 30,000.00
Semi-Annual 15,000.00

SNAPSHOT OF BENEFITS
For You (Total Living Benefit) For Your Beneficiaries (Total Death Benefit)
Attained Age at 4.00 % at 6.00 % at 10.00 % Attained Age at 4.00 % at 6.00 % at 10.00 %
49 304,448 334,802 405,773 49 304,448 334,802 405,773
50 316,442 354,705 446,160 50 316,442 354,705 446,160
65 566,212 845,746 1,857,697 65 566,212 845,746 1,857,697
70 687,888 1,130,751 2,990,683 70 687,888 1,130,751 2,990,683
90 1,501,771 3,619,638 20,108,958 90 1,501,771 3,619,638 20,108,958
Allianz PNB Life's DIVERSIFY PESO VER. 2 is a regular-pay variable unit-linked (VUL) life insurance plan that brings together the opportunities of investing in expertly
managed funds while providing you with lifetime insurance protection. This plan provides you the freedom to decide the amount of premium you are comfortable
with. You choose the amount of regular premium from a minimum amount of PHP 15,000. This plan also features a Level Death Benefit Option type where your
beneficiaries will receive the higher of the Total Sum Assured or the Total Fund Value. The Total Sum Assured is 500% of the Regular Annual Premium; plus 125% of
each subsequent Top-up Premiums; less 125% of each partial withdrawals. The living benefit is the Total Fund Value of the policy which can be withdrawn in part or
in full. The Total Fund Value is based on your premiums less charges; less withdrawals; plus earnings of the Fund/s chosen.

NOTES:
1. The projected benefits shown are for illustration purposes only and are not based on the past performance nor do they guarantee future performance of the
different Fund/s to which the Policy is linked. Since the fund performance may vary, your fund values are not guaranteed and will depend on the actual
investment performance. The Fund Value of the policy could be less than the total premiums paid.
2. The investment returns are net of taxes and investment deductions.
3. This illustration assumes that you will pay for 10 years and no withdrawals were made. At the time your Fund value is insufficient to cover all monthliversary
charges, you will be required to pay additional premiums to keep your policy in force.
4. Maximum Life Event Benefit Rider is PHP 10,000.
5. A copy of this proposal will be delivered to you together with the policy contract once the policy is issued. While we have made every effort to ensure accuracy,
errors and omissions may have occurred in the preparation of the proposal.
*Fund Management Charge (FMC) shall be deducted monthly from the investment fund.
Cooling-Off Period
If you are not completely satisfied with this policy, you may return it to our Home Office or any of our branch offices within fifteen (15) days after receipt of
the Policy document, together with a written notice, signed by you, requesting cancellation. The Policy document is considered delivered to and received by
you on the date indicated in the Policy Receipt Acknowledgement. On such cancellation, the amount refundable shall be the sum of the Insurance Charges
plus the Premium charges plus the Initial set-up charges plus the policy fee paid from the Policy Date plus the Total Fund Value. Any outstanding Contract
Debt will be deducted from the amount refundable. The Total Fund Value will be calculated on the next Pricing Date immediately following the date the
receipt of the written notice on your request for Policy cancellation, subject to the Cut-Off Time.

DECLARATION OF UNDERSTANDING
I confirm that I have read and understood the disclosures in this illustration.
I fully understand that I will assume all investment risks associated with the policy. This illustration and the Acknowledgment of Variability shall form part of
the insurance contract once the policy is issued.
Ranilyn A. Pudadera
Applicant Owner's Name Applicant Owner's Signature Agent's Signature Date
For Allianz PNB Life's use only:SAM 5.00
Your Allianz PNB Life Financial Advisor should explain the features of your chosen product. As product Policy Number 123456782
values and availability may change without prior notice, please ask your Financial Advisor for the most Client Type Agency
current sales illustration.

THIS IS ONLY AN ILLUSTRATION.

v3.1.0-10142018 Page 3 of 6 - [OCT18RPPF039]
 Illustration of Benefits for Diversify Peso Ver. 2
(Level Death Benefit)
WITH PREMIUM HOLIDAY

In this Proposal, the words “You”, “Your”, and “Owner” mean the Owner named in the application. The Owner may be someone other than the
Insured. While “We”, “Us’”, “Our”, and “Company” mean Allianz PNB Life Insurance, Inc.

A Variable Unit-Linked Life Insurance Proposal specially designed for Ms. Ranilyn A. Pudadera.
Projected Benefits (EOY)
Policy Attained Partial Total Fund Value Death Benefit
Age Premiums Paid Withdrawals Charges
Year (BOY)
(EOY) (BOY) Low (4.00%) Mid (6.00%) High (10.00%) Low (4.00%) Mid (6.00%) High (10.00%)

1 40 30,000 0 21,049 9,194 9,315 9,555 150,000 150,000 150,000

2 41 30,000 0 9,013 31,089 31,671 32,846 150,000 150,000 150,000
3 42 30,000 0 5,626 57,321 58,873 62,055 150,000 150,000 150,000
4 43 30,000 0 3,700 86,562 89,695 96,229 150,000 150,000 150,000
5 44 30,000 0 3,537 118,159 123,598 135,149 150,000 150,000 150,000
6 45 30,000 0 1,843 151,718 160,227 178,610 151,718 160,227 178,610
7 46 30,000 0 1,800 186,694 199,100 226,427 186,694 199,100 226,427
8 47 30,000 0 1,800 223,070 240,305 279,027 223,070 240,305 279,027
9 48 30,000 0 1,800 260,900 283,982 336,886 260,900 283,982 336,886
10 49 30,000 0 1,800 304,448 334,802 405,773 304,448 334,802 405,773
11 50 0 0 180 316,442 354,705 446,160 316,442 354,705 446,160
12 51 0 0 180 328,916 375,801 490,587 328,916 375,801 490,587
13 52 0 0 180 341,888 398,163 539,456 341,888 398,163 539,456
14 53 0 0 180 355,380 421,867 593,212 355,380 421,867 593,212
15 54 0 0 180 369,411 446,994 652,343 369,411 446,994 652,343
16 55 0 0 180 384,004 473,628 717,388 384,004 473,628 717,388
17 56 0 0 180 399,180 501,859 788,937 399,180 501,859 788,937
18 57 0 0 180 414,964 531,785 867,641 414,964 531,785 867,641
19 58 0 0 180 431,378 563,506 954,216 431,378 563,506 954,216
20 59 0 0 180 448,450 597,131 1,049,448 448,450 597,131 1,049,448

16 55 0 0 180 384,004 473,628 717,388 384,004 473,628 717,388

21 60 0 0 180 466,204 632,773 1,154,203 466,204 632,773 1,154,203
26 65 0 0 180 566,212 845,746 1,857,697 566,212 845,746 1,857,697
31 70 0 0 180 687,888 1,130,751 2,990,683 687,888 1,130,751 2,990,683
36 75 0 0 180 835,925 1,512,153 4,815,367 835,925 1,512,153 4,815,367
41 80 0 0 180 1,016,034 2,022,554 7,754,039 1,016,034 2,022,554 7,754,039
46 85 0 0 180 1,235,165 2,705,587 12,486,799 1,235,165 2,705,587 12,486,799
51 90 0 0 180 1,501,771 3,619,638 20,108,958 1,501,771 3,619,638 20,108,958
The projected returns on investments shown are for illustration purposes and do not represent maximum or minimum return on your fund value.
The investment return assumptions are net of taxes and investment deductions. A non-guaranteed Loyalty Bonus is assumed awarded at the end
of every 5 years starting at the end of the 5th Policy Year. The Loyalty Bonus is 2.0% of the average monthly Total Fund Value of the preceding five
years.
*Total charges (5th column of above table) are based on 6.0% investment return scenario .
1. Premium charges, expressed as a percentage of the premium paid, is 50% for year 1, 10%
for year 2, and 5% for years 3 to 5.
2. Monthly Policy Fee is equal to 1.50% of regular premium or PHP 450.00 per month for
years 1 and 2, 1.00% of regular premium or PHP 300.00 per month for year 3, 0.50% of
regular premium or PHP 150.00 per month for years 4 to 10, and 0.05% of regular
premium or PHP 15.00 per month thereafter.
3. Monthliversary charges deducted from the Fund include cost of insurance and rider (if
any) based on the Net Amount at Risk, insured's sex and attained age. The projected COI
charge for the 1st year is PHP 649.21.
4. All top-ups shall be subject to a premium charge of 6% and set-up charge of PHP 600.00.
5. This illustration assumes that you will pay for 10 years. A premium holiday may be taken
each year provided that your Total Fund Value is sufficient to pay for your monthliversary
charges. You may resume payment anytime to maximize your benefits.

These charges are subject to change by the Company, and prior approval of the Insurance Commission.
DECLARATION OF UNDERSTANDING
I confirm that I have read and understood the disclosures in this illustration.
I fully understand that I will assume all investment risks associated with the policy. This illustration and the Acknowledgment of Variability shall form part of
the insurance contract once the policy is issued.
Ranilyn A. Pudadera
Applicant Owner's Name Applicant Owner's Signature Date

Please sign on all pages.

Agent's Signature
Prepared by: MJ Qyneth Licayo Date: 14-Oct-2018
Branch: Code: SD-0-31140
THIS IS ONLY AN ILLUSTRATION.
v3.1.0-10142018 Page 4 of 6 - [OCT18RPPF039]
 Illustration of Benefits for Diversify Peso Ver. 2
(Level Death Benefit)
PAY ALL YEARS

In this Proposal, the words “You”, “Your”, and “Owner” mean the Owner named in the application. The Owner may be someone other than the
Insured. While “We”, “Us’”, “Our”, and “Company” mean Allianz PNB Life Insurance, Inc.

A Variable Unit-Linked Life Insurance Proposal specially designed for Ms. Ranilyn A. Pudadera.
Projected Benefits (EOY)
Policy Attained Partial Total Fund Value Death Benefit
Age Premiums Paid Withdrawals Charges
Year (BOY)
(EOY) (BOY) Low (4.00%) Mid (6.00%) High (10.00%) Low (4.00%) Mid (6.00%) High (10.00%)

1 40 30,000 0 21,049 9,194 9,315 9,555 150,000 150,000 150,000

2 41 30,000 0 9,013 31,089 31,671 32,846 150,000 150,000 150,000
3 42 30,000 0 5,626 57,321 58,873 62,055 150,000 150,000 150,000
4 43 30,000 0 3,700 86,562 89,695 96,229 150,000 150,000 150,000
5 44 30,000 0 3,537 118,159 123,598 135,149 150,000 150,000 150,000
6 45 30,000 0 1,843 151,718 160,227 178,610 151,718 160,227 178,610
7 46 30,000 0 1,800 186,694 199,100 226,427 186,694 199,100 226,427
8 47 30,000 0 1,800 223,070 240,305 279,027 223,070 240,305 279,027
9 48 30,000 0 1,800 260,900 283,982 336,886 260,900 283,982 336,886
10 49 30,000 0 1,800 304,448 334,802 405,773 304,448 334,802 405,773
11 50 30,000 0 180 347,188 385,821 478,013 347,188 385,821 478,013
12 51 30,000 0 180 391,638 439,902 557,477 391,638 439,902 557,477
13 52 30,000 0 180 437,866 497,227 644,888 437,866 497,227 644,888
14 53 30,000 0 180 485,943 557,992 741,040 485,943 557,992 741,040
15 54 30,000 0 180 544,360 631,933 859,108 544,360 631,933 859,108
16 55 30,000 0 180 596,697 700,780 976,681 596,697 700,780 976,681
17 56 30,000 0 180 651,128 773,758 1,106,013 651,128 773,758 1,106,013
18 57 30,000 0 180 707,735 851,114 1,248,277 707,735 851,114 1,248,277
19 58 30,000 0 180 766,607 933,112 1,404,768 766,607 933,112 1,404,768
20 59 30,000 0 180 841,560 1,036,476 1,600,870 841,560 1,036,476 1,600,870

16 55 30,000 0 180 596,697 700,780 976,681 596,697 700,780 976,681

21 60 30,000 0 180 905,785 1,129,595 1,792,620 905,785 1,129,595 1,792,620
26 65 30,000 0 180 1,288,679 1,713,428 3,127,686 1,288,679 1,713,428 3,127,686
31 70 30,000 0 180 1,763,002 2,508,316 5,312,166 1,763,002 2,508,316 5,312,166
36 75 30,000 0 180 2,350,586 3,590,557 8,886,486 2,350,586 3,590,557 8,886,486
41 80 30,000 0 180 3,078,475 5,064,028 14,734,911 3,078,475 5,064,028 14,734,911
46 85 30,000 0 180 3,980,174 7,070,159 24,304,301 3,980,174 7,070,159 24,304,301
51 90 30,000 0 180 5,097,185 9,801,507 39,962,062 5,097,185 9,801,507 39,962,062
The projected returns on investments shown are for illustration purposes and do not represent maximum or minimum return on your fund value.
The investment return assumptions are net of taxes and investment deductions. A non-guaranteed Loyalty Bonus is assumed awarded at the end
of every 5 years starting at the end of the 5th Policy Year. The Loyalty Bonus is 2.0% of the average monthly Total Fund Value of the preceding five
years.
*Total charges (5th column of above table) are based on 6.0% investment return scenario .
1. Premium charges, expressed as a percentage of the premium paid, is 50% for year 1, 10%
for year 2, and 5% for years 3 to 5.
2. Monthly Policy Fee is equal to 1.50% of regular premium or PHP 450.00 per month for
years 1 and 2, 1.00% of regular premium or PHP 300.00 per month for year 3, 0.50% of
regular premium or PHP 150.00 per month for years 4 to 10, and 0.05% of regular
premium or PHP 15.00 per month thereafter.
3. Monthliversary charges deducted from the Fund include cost of insurance and rider (if
any) based on the Net Amount at Risk, insured's sex and attained age. The projected COI
charge for the 1st year is PHP 649.21.
4. All top-ups shall be subject to a premium charge of 6% and set-up charge of PHP 600.00.
5. A premium holiday may be taken each year provided that your Total Fund Value is
sufficient to pay for your monthliversary charges. You may resume payment anytime to
maximize your benefits.

These charges are subject to change by the Company, and prior approval of the Insurance Commission.
DECLARATION OF UNDERSTANDING
I confirm that I have read and understood the disclosures in this illustration.
I fully understand that I will assume all investment risks associated with the policy. This illustration and the Acknowledgment of Variability shall form part of
the insurance contract once the policy is issued.
Ranilyn A. Pudadera
Applicant Owner's Name Applicant Owner's Signature Date

Please sign on all pages.

Agent's Signature
Prepared by: MJ Qyneth Licayo Date: 14-Oct-2018
Branch: Code: SD-0-31140
THIS IS ONLY AN ILLUSTRATION.
v3.1.0-10142018 Page 5 of 6 - [OCT18RPPF039]
Information
Name of Policy Owner Ranilyn A. Pudadera
Plan Diversify Peso Ver. 2
Agent's Name MJ Qyneth Licayo
Policy Number 123456782
Currency Philippine Peso

ACKNOWLEDGEMENT OF VARIABILITY
I acknowledge that:

I have applied with Allianz PNB Life Insurance, Inc. for a Variable Unit-Linked (VUL) Life Insurance Policy, and have reviewed the illustration(s)
that shows how a VUL life insurance policy performs using company's assumptions and based on Insurance Commission's guidelines on interest
rates.
I understand that I may apply to withdraw my funds in full or in part by filling out the prescribed form and submitting it to Allianz PNB Life
Insurance, Inc., subject to the applicable rules and guidelines set by the Company. Any values shown in this illustration will be affected if
premiums and/or withdrawals are not followed as assumed in the illustrated schedule.
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 Life Insurance Policy are
periodically published.
I understand that the investment risks under the policy are to be borne solely by me, as the policyholder.

Ranilyn A. Pudadera
Applicant Owner's Signature over Printed Name Date

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