Sun FlexiLink1

Make a bright choice with Sun FlexiLink1, an investment-linked life insurance product that primarily helps address your need
for:

Sun FlexiLink1 lets you enjoy these benefits:

LIFE INSURANCE COVERAGE
This is equivalent to the value of your fund or 125% of the Single Premium plus 125% of excess premiums (if any), less
125% of partial withdrawals made (if any), whichever is higher. You may also opt to increase your coverage by a
percentage of the Single Premium for added security, or avail of supplements that provide additional protection for
contingencies such as accidental death and illnesses.

SUITABLE INVESTMENT OPTIONS

Maximize your money's worth by choosing among the investment fund options that best suit your investment
objectives and risk appetite. Plus, take advantage of Sun Life's professional fund managers' investment experience and
expertise.

FUNDS FOR FUTURE NEEDS

Build funds for a comfortable retirement, an important life milestone, or for your child's education. In case of an
emergency, money comes in handy via a partial fund withdrawal.

PAYMENT FLEXIBILITY
Pay only one-time or further increase your fund's value through top-ups or excess payments on top of your Single
Premium.
Note: Benefits indicated above are subject to the specific guidelines set by Sun Life and the actual provisions of the insurance
policy contract.

SINGLE PREMIUM 150,000.00

PRIMARY BENEFITS (BASIC PLAN)
FACE AMOUNT 37,500.00
INITIAL LIFE INSURANCE COVERAGE 1 187,500.00
1 Initial
Life Insurance Coverage refers to the death benefit at the end of Month 1 based on
current charges.

DEATH BENEFIT2 LIVING BENEFIT2 FUND ALLOCATION

2The values above are computed based on 8% projected return which is subject to change and is not guaranteed by Sun Life. Projected values are net of
MyFuture 2030
all current charges.

This is for information purposes only and is not a contract of insurance. For more information on the above benefits and additional details, please refer to the product proposal attached herein.
 Variable Life Insurance Proposal
In the Philippines, insurance products are being offered through Sun Life of Canada (Philippines), Inc., a member of the Sun Life
Financial group of companies. In this proposal, you and your refer to the policy owner while we, us, our and the Company refer to
Sun Life of Canada (Philippines), Inc.
Proposal Information
On the Life of :      Bernard Bleza Bocalan Age Last Birthday :      49 (Male)
Currency :       Philippine Peso
Basic Plan Face Amount Single Premium
Sun FlexiLink1 - Non-Smoker Ps 37,500.00 Ps 150,000.00
Additional Benefits
 
 
 
Class: Standard Total Single Premium Ps 150,000.00
Sun FlexiLink1 is a single pay variable life insurance product until age 88. The living benefit is equal to the fund value, which is
partially or fully withdrawable from the policy's share in the separate account(s). The death benefit is the higher of (1) the fund
value, or (2) the minimum death benefit which is equal to the face amount plus the entire single premium plus 125% of each
excess premium, if any, less 125% of each partial withdrawal, if any. No other benefits are payable under this product.
The policy is a variable contract. Only the minimum death benefit is guaranteed. The rest of the benefits, namely the fund value
and the actual death benefit payable depend on the investment experience of separate account(s) linked to the policy.
The investment risks associated with this product are borne solely by the policy owner.
If you decide the policy is not suitable for your needs, then you may return said documents for cancellation by giving us written
notice. We must receive such notice within 15 days from the date you receive the policy. If you opted for an electronic policy
contract, we must receive such notice not later than 20 days from the date the policy was electronically transmitted to you. We will
refund the fund value of the units allocated to your policy inclusive of the initial charges.
Notes:
(i) All payments and benefits shown are in Philippine pesos.
(ii) The illustrations assume that you will have no withdrawals on the policy beyond those illustrated and the current scale of charges remains
unchanged.
(iii) The Company reserves the right to adjust the rider premium, and any charges in this plan.
(iv) The above values are illustrations only of the key features of the recommended insurance plans. This illustration may differ from any earlier
proposal illustration.
(v) The values in the succeeding pages are illustration of possible performance of your fund. 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 value of the policy could be less than the
premiums paid.
(vi) You may consider to pay excess premiums whenever you wish to increase your benefits. The Company may require evidence of insurability of the
Life Insured with respect to payment of any excess premium.
(vii) Allocation to the MyFuture Fund is subject to the availability of that investment fund at time of settlement of the policy and of subsequent
payments.

This proposal shall form part of the insurance contract once the policy is issued. A copy of this proposal and the policy contract will be delivered to you.

While we have made every effort to ensure accuracy, errors and omissions may have occurred in the preparation of this proposal.

Should there be any discrepancy between the statement(s) contained in this material and the insurance policy contract, the provisions of the insurance policy
contract will prevail.

Prepared By :      BOCALAN, DENMARK G. Date :      03 January 2020

Branch :      COACHWOOD    
This is only an illustration.
4.5 / 1.7 127486O030120201302201595807 Page 1 of 6
 Bernard Bleza Bocalan 49 (Male)
Sun FlexiLink1 - Non-Smoker  
Face Amount: Ps 37,500.00 Total Premium : Ps 150,000.00

Fund Allocation
100% MyFuture 2030 Fund

Investment Fund Description

Balanced Fund
The Fund is designed to provide optimum returns consisting of current income and capital growth through investment in a mix of fixed-income and equity
instruments.
Bond Fund
The Fund is designed to stay invested only in high-quality fixed income instruments that are classified as below average risk.
Equity Fund
The fund is designed to produce long term capital appreciation through investment in high quality stocks that are diversified across sectors.
Money Market Fund (available only for fund switching/transfers)
The fund is designed to ensure capital protection and provide adequate liquidity while maximizing yields on short-term placements.
MyFuture Fund
The fund is a target date fund that will invest primarily in high-quality stocks and a mix of government and domestic corporate debt in accordance with an
asset allocation strategy that will become increasingly conservative as the maturity of the fund approaches.
Growth PLUS Fund
The fund is designed mainly to generate long-term capital appreciation through investment in high-quality equity and equity-linked securities, diversified
across sectors, which distribute periodic dividends and provide sustainable dividend yields.
Index Fund
The Fund is designed mainly to generate long-term capital appreciation through investment in high-quality equities comprised of constituents of the
Philippine Stock Exchange Index (PSEi).
Captains Fund
The Fund is designed mainly to generate long-term capital appreciation primarily through investment in equity and equity-linked securities diversified across
sectors.
Opportunity Tracker Fund
The Fund is designed to provide optimum returns consisting of current income and capital growth through investment in a mix of fixed-income and equity
instruments.

This is only an illustration.

4.5 / 1.7 127486O030120201302201595807 Page 2 of 6
 Bernard Bleza Bocalan 49 (Male)
Sun FlexiLink1 - Non-Smoker  
Face Amount: Ps 37,500.00 Total Premium : Ps 150,000.00

Historical Investment Performance of Investment Funds of Sun Life's Variable Life Insurance Products
Year-on-Year Return
Compounded
3-Year 5-Year 10-Year
Annual Growth
Fund Name 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- 31-Dec- Return Return Return
Rate (for
(Fund Launch Date) 09 10 11 12 13 14 15 16 17 18 (2018 vs (2018 vs (2018 vs
completed
2015) 2013) 2008)
calendar years)
Peso Balanced
27.03% 26.92% 1.95% 23.20% 1.14% 11.81% -3.75% -2.74% 12.70% -9.89% 8.23% -1.22% 6.31% 117.73%
(Dec. 6, 2004)
Peso Bond
6.11% 10.69% 6.90% 6.56% 8.25% 0.16% -0.96% -0.90% 0.71% -5.32% 4.49% -5.50% -6.27% 35.75%
(Sep. 13, 2004)
Peso Equity
47.10% 36.98% 1.34% 30.97% 1.31% 19.73% -5.02% -1.78% 20.94% -9.46% 10.86% 7.54% 22.30% 231.39%
(Sep. 13, 2004)
Peso Money Market
1.49% 1.03% 0.50% 0.66% -0.34% -0.37% 0.10% -0.06% 0.60% 1.56% 0.67% 2.11% 1.83% 5.26%
(Jun. 25, 2007)
MyFuture 2020
34.12% 33.77% 1.84% 31.37% 2.88% 16.74% -4.10% -2.64% 9.01% -3.94% 10.92% 1.94% 14.13% 181.87%
(Jun. 7, 2008)
MyFuture 2025
32.88% 33.56% 2.25% 31.15% 2.97% 18.15% -5.51% -2.42% 14.71% -8.07% 10.91% 2.90% 14.87% 181.53%
(Jun. 7, 2008)
MyFuture 2030
36.04% 34.36% 1.61% 30.93% 2.10% 20.58% -5.05% -2.68% 16.78% -11.79% 11.04% 0.25% 14.76% 184.93%
(Jun. 7, 2008)
MyFuture 2035
36.48% 34.98% 1.71% 30.93% 3.31% 20.55% -4.86% -2.08% 17.67% -12.95% 11.30% 0.31% 15.04% 191.59%
(Jun. 7, 2008)
MyFuture 2040
37.44% 34.21% 1.94% 30.96% 3.14% 20.36% -4.79% -2.04% 20.54% -13.12% 11.56% 2.60% 17.58% 198.61%
(Jun. 7, 2008)
Growth PLUS
N/A N/A N/A N/A N/A N/A -12.09%* -2.81% 21.42% -15.18% 0.03% 0.09% N/A N/A
(Apr. 8, 2015)
Index
N/A N/A N/A N/A N/A N/A N/A 1.71%* 23.64% -13.52% 3.40% N/A N/A N/A
(Jan. 25, 2016)
Captains
N/A N/A N/A N/A N/A N/A N/A -6.56%* 14.24% -14.60% -1.23% N/A N/A N/A
(Apr. 18, 2016)
Opportunity Tracker
N/A N/A N/A N/A N/A N/A N/A N/A -0.46%* -12.14% -12.14% N/A N/A N/A
(Oct. 9, 2017)
* Returns are from Fund inception date and not full year returns.

The values above are actual investment returns of Investment Funds of variable life insurance products, net of fund management charges. Past investment
performance is not necessarily indicative of the future or likely performance of the funds.
The Unit Price of an Investment Fund on a Valuation Date is determined by dividing the net asset value of the Investment Fund on the Valuation Date by the
aggregate number of outstanding Units of the Investment Fund on the Valuation Date. Currently, Valuation is done on a daily basis.
The Unit Prices of the Investment Funds are published weekly on major newspapers. You may also visit our website at www.sunlife.com.ph for the daily Unit
Prices.

Certified true and correct:

Michael Gerard D. Enriquez

Chief Investment Officer

This is only an illustration.

4.5 / 1.7 127486O030120201302201595807 Page 3 of 6
 Bernard Bleza Bocalan 49 (Male)
Sun FlexiLink1 - Non-Smoker  
Face Amount: Ps 37,500.00 Total Premium : Ps 150,000.00

Illustration of Benefits - MyFuture 2030 Fund (100%)

The values illustrated below are not guaranteed. The investment returns used are for illustrative purposes and are not based on past
performance with respect to the fund where your policy is linked. The returns are likely to change during the investment period.
Also, the assumed returns do not represent the upper and lower limits of the actual return that may be realized. Values are
calculated assuming the fund is earning 4%*, 8%* and 10%*.

PROJECTED BENEFITS
End Attained Premiums   Fund Value   Death Benefit
of Age Paid Charges**   4% 8% 10%   4% 8% 10%
Year              
 
1 50 150,000 7,719 147,827 153,417 156,212 187,500 187,500 187,500
2 51 160 153,424 165,278 171,370 187,500 187,500 187,500
3 52 144 159,255 178,116 188,080 187,500 187,500 188,080
4 53 124 165,333 192,018 206,465 187,500 192,018 206,465
5 54 99 171,674 207,025 226,647 187,500 207,025 226,647
6 55 69 178,293 223,205 248,802 187,500 223,205 248,802
7 56 34 185,204 240,649 273,122 187,500 240,649 273,122
8 57 3 192,418 259,457 299,820 192,418 259,457 299,820
9 58 199,915 279,735 329,128 199,915 279,735 329,128
  10 59 211,479 306,608 367,053 211,479 306,608 367,053
6 55 69 178,293 223,205 248,802 187,500 223,205 248,802
Three (3) months prior to maturity, you will be notified of the maturing MyFuture Fund and you will be asked of your reinvestment decision
with regards to the MyFuture Fund maturity benefit. If no instruction is received from you, then the MyFuture Fund maturity benefit will be
transferred to the Money Market Fund. It is assumed in the illustration that the MyFuture Fund Maturity Benefit is withdrawn by you at the
maturity date.
*The investment returns used are net of the fund management charge of 2.00% (plus VAT) of the fund value.
** Charges are based on a 4% investment return.
The projected values are net of premium charge of 5% of the single premium, all excess premiums shall be subject to a premium charge of 5%;
fund management charge of 2.00% (plus VAT) of the fund value; and insurance charges shall be deducted monthly from the investment fund.
The figures shown above are net of all charges.

A loyalty bonus on the 10th policy anniversary year and every 5 years thereafter is included in the above illustration. The loyalty bonus is
currently equal to 2% of the average monthly fund balance of the preceding 5 years. It is not guaranteed and will depend on the actual
performance of the fund.

Should you terminate the policy early, you may suffer a loss as illustrated above.

The figures shown herein are based on assumptions in the accompanying first page of this proposal.

This is only an illustration.

4.5 / 1.7 127486O030120201302201595807 Page 4 of 6
 Bernard Bleza Bocalan 49 (Male)
Sun FlexiLink1 - Non-Smoker  
Face Amount: Ps 37,500.00 Total Premium : Ps 150,000.00

Alternative Product Offering: Sun MaxiLink One

Basic Plan Face Amount Single Premium
Sun MaxiLink One (Lower Band) - Non-Smoker Ps 62,500.00 Ps 250,000.00
Class: Standard Total Single Premium Ps 250,000.00
Sun MaxiLink One is a single pay variable life insurance product until age 88. The living benefit is equal to the fund value, which is partially or
fully withdrawable subject to withdrawal or surrender charge, if any from the policy's share in the separate account(s).
For application settled under Guaranteed Insurability Offer (GIO) where the life insured dies within the first two (2) years after the policy
Effective Date and without reinstatement, and such death is due to causes other than accident, the death benefit payable will be limited to the
Fund Value plus insurance charges paid. If the life insured dies due to accident after the policy is issued, the death benefit payable will be the
higher of the Fund Value or the minimum death benefit, which is equal to the face amount plus the entire single premium less 125% of each
partial withdrawal, if any.
The death benefit after 2 years is the higher of (1) the Fund Value, or (2) the minimum death benefit.
If applicant dies before policy Effective Date, then we will return single premium paid.

Illustration of Benefits - MyFuture 2030 Fund (100%)

The values illustrated below are not guaranteed. The investment returns used are for illustrative purposes and are not based on past
performance with respect to the fund where your policy is linked. The returns are likely to change during the investment period. Also, the
assumed returns do not represent the upper and lower limits of the actual return that may be realized. Values are calculated assuming the fund
is earning 4%*, 8%* and 10%*.
PROJECTED BENEFITS
End of Attained Premiums   Fund Value   Cash Surrender Value   Death Benefit
Year Age Paid   4% 8% 10%   4% 8% 10%   4% 8% 10%
1 50 250,000 259,414 269,222 274,126 246,443 255,761 260,420 259,732 269,540 274,444
2 51 269,308 290,110 300,802 258,535 278,506 288,769 269,835 290,638 301,329
3 52 279,620 312,725 330,191 271,232 303,343 320,285 312,500 312,725 330,191
4 53 290,376 337,165 362,467 284,569 330,422 355,218 312,500 337,165 362,467
5 54 301,601 363,516 397,898 298,585 359,881 393,919 312,500 363,516 397,898
6 55 313,321 391,926 436,793 313,321 391,926 436,793 313,321 391,926 436,793
7 56 325,529 422,557 479,490 325,529 422,557 479,490 325,529 422,557 479,490
8 57 338,212 455,581 526,360 338,212 455,581 526,360 338,212 455,581 526,360
9 58 351,390 491,187 577,813 351,390 491,187 577,813 351,390 491,187 577,813
10 59 371,717 538,374 644,394 371,717 538,374 644,394 371,717 538,374 644,394
 
6 55 313,321 391,926 436,793 313,321 391,926 436,793 313,321 391,926 436,793

*The investment returns used are net of the fund management charge of 2.00% (plus VAT) of the fund value for MyFuture Fund.
The projected values are net of a fund management charge of 2.00%
(plus VAT) of the fund value for MyFuture Fund; and insurance charges
shall be deducted monthly from the investment fund. The figures shown
above are net of all charges.
Cash Surrender Value is equal to the Fund Value less Surrender Charge
and is payable in case of policy surrender. Surrender Charges during the
first five (5) years are 5%, 4%, 3%, 2% and 1% of the Fund Value,
respectively. The policy value could be lower than the premium paid.
Partial withdrawal during the 1st 5 years shall also be subject to the
same charges as above.
A loyalty bonus on the 10th policy anniversary year and every 5 years
thereafter is included in the above illustration. The loyalty bonus is
currently equal to 2% of the average monthly fund balance of the
preceding 5 years. It is not guaranteed and will depend on the actual
performance of the fund.
The Death Benefit illustrated for the first two years is based on the
assumption that the policy is settled under GIO and death is due to causes
other than accident. In case of death due to accident within the first two
policy years, death benefit will be equal to the higher of (1) the Fund
Value or (2) the minimum death benefit.
The term "accident" as used in this proposal, shall mean an unforeseen
and involuntary event, which causes a bodily injury independently of
disease, medical or surgical treatment.
Death of the life insured from an accident must occur within one year
from the date of the accident and is not as a result of any of the following:
(a) homicide; (b) suicide; (c) poison, carbon monoxide or drug overdose;
(d) self-inflicted firearm injury; (e) committing a criminal offense; and (f)
insurrection, civil commotion or hostile action of armed forces, whether
or not the life insured was actually participating therein.

The figures shown herein are based on assumptions in the accompanying first page of this proposal.

This is only an illustration.

4.5 / 1.7 127486O030120201302201595807 Page 5 of 6
 Bernard Bleza Bocalan 49 (Male)
Sun FlexiLink1 - Non-Smoker  
Face Amount: Ps 37,500.00 Total Premium : Ps 150,000.00

Declaration and Acknowledgement of Variability

• I have read and understood the disclosures in this proposal illustration. I likewise signify that my advisor has explained to me the
features and the charges on the policy, the manner in which the variable benefits will reflect the investment experience of the separate
account(s), and the guarantees on minimum death benefit.
• I hereby agree and declare that:

1. I have applied with the Sun Life of Canada (Philippines), Inc. for a Variable Life Insurance Policy, and have understood the risks
inherent in the product.
2. I have reviewed and understood the illustration(s) presented that shows how a variable life insurance policy performs using
company's assumptions and based on the Insurance Commission's guidelines on interest rates.
3. I understand and accept the results of my Financial Needs Analysis. Should I opt to deviate from my assessed risk profile either now
or in the future, I accept to fully bear the risks that may result from said deviation.

Subject to the above statements, I have chosen the following underlying investment funds, with the corresponding fund allocations
shown below:
MyFuture 2030 Fund (100%) - The fund is a target date fund that will invest primarily in high-quality stocks and a mix of
government and domestic corporate debt in accordance with an asset allocation strategy that will become increasingly conservative as
the maturity of the fund approaches.
4. I understand that the performance of the underlying investments of the fund may change over time and as such, the Net Asset Values
of my units may fluctuate and that the value of my policy could amount to less than the total premiums paid. Profits of the fund are
not guaranteed and will depend on its performance at the time of surrender or withdrawal. Any reference to historical performance of
the fund does not guarantee future returns. The unit values of my variable life insurance are periodically published in the Company's
website, which I can access or view any time.
5. I understand and accept that the investment risks under the policy are borne solely by me, as the policy owner.
• By requesting a proposal on Sun Life of Canada (Philippines), Inc.'s products and services and by sharing and disclosing my personal
data, I authorize and consent to the use, processing and exchange of information needed to prepare the proposal. In the event I do not
proceed with my insurance application with Sun Life of Canada (Philippines), Inc., my personal data is kept for one year in Sun Life of
Canada (Philippines), Inc.'s data processing systems after which, it will be irreversibly anonymized for the sole purpose of data analytics
and proposal counts report.

Applicant's Signature over Printed Name Date

End of Proposal

This is only an illustration.

4.5 / 1.7 127486O030120201302201595807 Page 6 of 6