SUN Smarter Life Elite Peso 10

Make a bright choice with SUN Smarter Life Elite Peso 10, a traditional whole life insurance product with anticipated
endowments, that primarily helps address your need for:

SUN Smarter Life Elite Peso 10 lets you enjoy these benefits:
LIFE INSURANCE COVERAGE
This is equivalent to 200% of the Face Amount, beginning on Day 1 or policy effective date until you reach age 100!
You may also enhance your benefits with the addition of riders or supplements which provide protection for
contingencies such as accidental death and disability.

LIFETIME GUARANTEED CASH BENEFITS

Receive guaranteed cash benefits equivalent to 8% of the Face Amount starting at the end of the 6th policy year and
every other year throughout your lifetime! This will help supplement your funds for education, an important milestone
or your retirement years.

LIVING BENEFITS
Your policy earns dividends which you may choose to (i) increase your insurance coverage, (ii) pay for future premiums,
(iii) leave with Sun Life to accumulate, or (iv) receive in cash. Money also comes in handy via loan against the policy's
cash value. Meanwhile, a portion of the Face Amount may also be advanced if the life insured is diagnosed to be
terminally ill.

FLEXIBLE PREMIUM PAYMENTS

Pay your premiums for 10 years via Annual, Semi-Annual, or Quarterly mode, whichever is most convenient to you.
Monthly payment through Auto-Debit or Auto-Charge may also be arranged after payment of the initial quarterly
premium.
Note: Benefits indicated above are subject to the specific guidelines set by Sun Life and the actual provisions of the insurance
policy contract.

PRIMARY BENEFITS (BASIC PLAN) SUPPLEMENTARY BENEFITS (RIDERS)

FACE AMOUNT 500,000.00 ACCIDENTAL DEATH BENEFIT (ADB) 500,000.00
LIFE INSURANCE COVERAGE 1,000,000.00 TOTAL DISABILITY BENEFIT (TDB)
GUARANTEED CASH BENEFIT 40,000.00 CRITICAL ILLNESS BENEFIT# (CIB) 500,000.00
HOSPITAL INCOME BENEFIT^^ (HIB) 2,500.00
LIVING BENEFIT RIDER (LBR)

DEATH BENEFIT1 LIVING BENEFIT1

1 The values above are computed based on 3.80% dividend accumulation rate which is subject to change and is not guaranteed by Sun Life. The values are
also based on the assumption that guaranteed cash benefits are accumulated.

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.
 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 : JESTER KUTCH ALCANTARA OLAYTA Age Last Birthday : 32 (Male)
Currency : Philippine
Peso
Basic Plan Face Amount Initial Annual Premium
SUN Smarter Life Elite Peso 10 - Non-Smoker
10 Years Guaranteed Premium Payment Ps 500,000.00 Ps 99,575.00
(Guaranteed Death Benefit equals 200% of Face Amount)
Supplementary Benefits
Accidental Death Benefit Ps 500,000.00 Ps 1,610.00
Total Disability Benefit (Waiver of Premium) Ps 2,195.00
Critical Illness Benefit# Ps 500,000.00 Ps 1,985.00
Hospital Income Benefit^^ Ps 2,500.00/ day Ps 4,800.00
Living Benefit Rider* FREE
Class: Standard Total Initial Annual Premium Ps 110,165.00
or Quarterly Premium Ps 30,295.38
#CIB premium payment terminates at attained age 70.
^^HIB premium payment terminates at attained age 60.

* Living Benefit Rider - This is a benefit that provides an advance payment of up to 60% of the basic Face Amount, subject to the prior
deduction of any outstanding advances (loans) with interest, if the life insured is diagnosed to be terminally ill with a life expectancy of 12
months or less. The sum of all Living Benefit Amounts payable on all Sun Life policies of the life insured shall not exceed Ps. 2 Million. Interest
is charged on advances, including the Living Benefit amount paid, at a specified rate of interest as declared by the Company.
The following caveats shall apply to the succeeding pages of this proposal illustration:
(i) The succeeding tables are only summary illustrations of the major benefits of your policy. You should refer to your advisor or the
Company for more information or, if appropriate, a more detailed proposal.
(ii) The illustration assumes that all premiums are paid in full when due and you will have no loans/advances on the policy.
(iii) The amount of total premium(s) may differ slightly from the total of the premiums payable in the policy due to rounding differences.
(iv) Under the Summary of Benefits, there are two scenarios illustrated:
(1) Based on current dividend scale and current accumulation rate; and
(2) Based on interest rate which is 50 basis points lower than the current interest rate used for computing the annual dividends and
accumulation rate which is 50 basis points lower than the current accumulation rate.
(v) You can leave the amount of projected dividends to accumulate with the Company at an accumulation rate, which will change from time
to time. The accumulation rates used to illustrate the effect of accumulation are current 3.80% and 3.30% per annum. These rates are not
guaranteed. You can also cash all or part of the amount of projected dividends without affecting the Face Amount but the values shown
in the table will be reduced accordingly.
The scale of dividends and accumulation rates, however, are likely to change during your policy's lifetime. As the changes will affect the figures,
we prepared this proposal for information purposes only, to demonstrate the features of the recommended policy. This does not form part of
any policy that may be issued. It is neither an estimate nor a guarantee of the future policy performance.
While we have made every effort to ensure accuracy, errors and omissions may have occurred in the preparation of this proposal. For more
information on the dividends, please refer to the Dividend Information page.
Health insurance products (basic and riders) provide you the right to Cooling-Off Period for 15 days from receipt of corresponding policy
document. If you opted for an electronic policy contract, the right to Cooling-Off period is 20 days from the date the corresponding policy
document was electronically transmitted to you.
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 : FERRER, MARK ANTHONY R. Date : 08 March 2020

Branch : GRANDIS TREE Attachment : Dividend Accumulation Option
This is only an illustration, not a contract of insurance.
4.8 / 1.9 094506O080320201121038757313 (P 10 ; M 8) Page 1 of 6
 JESTER KUTCH ALCANTARA OLAYTA 32 (Male)
SUN Smarter Life Elite Peso 10 - Non-Smoker
Face Amount: Ps 500,000.00 Total Initial Annual Premium : Ps 110,165.00

Critical Illness Benefit

If the life insured has been diagnosed, while living, to have contracted any one or more of the following Critical Illnesses listed below or has
undergone any of the specified surgeries, then you will receive Ps 500,000.00*. The Critical Illness must occur more than 90 days after the date
the benefit comes into force and the diagnosis must occur before the earlier of the life insured's 70th birthday and the maturity date of the
policy.

The list of Critical Illnesses and those requiring surgery include:

Critical Illnesses
20. Major Burns
1. Acute Heart Attack
21. Major Head Trauma
2. Alzheimer's Disease
22. Medullary Cystic Disease
3. Amyotrophic Lateral Sclerosis(ALS)
23. Meningeal Tuberculosis
4. Aplastic Anaemia
24. Motor Neuron Disease
5. Bacterial Meningitis
25. Multiple Sclerosis
6. Benign Brain Tumour
26. Paralysis
7. Cerebral Metastasis
27. Parkinson's Disease
8. Coma
28. Progressive Bulbar Palsy (PBP)
9. Deafness
29. Progressive Muscular Atrophy (PMA)
10. Dissecting Aortic Aneurysm
30. Stroke
11. Encephalitis
31. Terminal Illness
12. End Stage Liver Failure
32. Total Blindness
13. End Stage Lung Disease
14. End Stage Renal Disease
Critical Illnesses Requiring Surgery
15. Fulminant Hepatitis
33. Coronary Artery Bypass Surgery
16. Guillain-Barre Syndrome
34. Major Organ Transplant
17. Invasive Cancer
35. Replacement of Heart Valve
18. Loss of Limbs
36. Surgery for Disease of the Aorta (Aorta Surgery)
19. Loss of Speech

We will not pay for claims arising from any of the following: (a) critical illnesses diagnosed within 90 days from the issue date of this benefit or
its last reinstatement, whichever is later; (b) any pre-existing or recurring critical illnesses which are diagnosed or which the life insured
contracted prior to the issue date of this benefit or date of last reinstatement; (c) congenital abnormalities; (d) any Human Immunodeficiency
Virus (HIV) and/or any HIV-related illness including Acquired Immune Deficiency Syndrome (AIDS) and/or any mutations, derivation or
variations thereof; (e) attempted suicide or self-inflicted injury while sane or insane; (f) taking or absorbing, accidentally or otherwise, any
intoxicating liquor, sedative or poison drug, narcotic or medicine, except as prescribed by a Doctor; and (g) inhaling any gas or fumes except if
inhalation is accidental AND in the course of duty.
Note: This benefit automatically renews every five years with a premium adjustment every 5th anniversary of the policy. We may change
the premium rate of this benefit from time to time but not more often than once a year, subject to the approval of the Insurance
Commission. We will advise you by written notice as to the new premium rate prior to the renewal date.

Premium Schedule (Mode of Payment: Quarterly)

Critical Illness Benefit Critical Illness Benefit
Duration Duration
Premium Premium
1-5 545.88 31 - 35 5,538.50
6 - 10 764.50 36 - 38 7,222.88
11 - 15 1,230.63  
16 - 20 1,872.75  
21 - 25 2,813.25  
26 - 30 4,127.75  
*The CIB Face Amount will be subject to Financial Underwriting.

This is only an illustration, not a contract of insurance.

4.8 / 1.9 094506O080320201121038757313 Page 2 of 6
 JESTER KUTCH ALCANTARA OLAYTA 32 (Male)
SUN Smarter Life Elite Peso 10 - Non-Smoker
Face Amount: Ps 500,000.00 Total Initial Annual Premium : Ps 110,165.00

Hospital Income Benefit

Once life insured is confined in the Hospital, as a result of Injury or Sickness, on the recommendation of a Physician as an in-patient, you will
receive Ps 2,500.00* as Daily Hospital Income. Such Hospital Confinement must occur before the earlier of the policy anniversary on or
following the life insured's 60th birthday and the maturity date of the policy.
Hospital Confinement due to Sickness must be for a minimum of three (3) days before we pay the Daily Hospital Income benefit from the first
day of hospitalization. If due to Injury, the waiting period will not apply, in which case, we will pay the benefit beginning on the first day of
Hospital Confinement.
We will pay twice the amount of Hospital Income Benefit if: (a) the life insured is confined in the Intensive Care Unit of the Hospital due to
Injury or Sickness; or (b) the Sickness which results in Hospital Confinement of the life insured is classified as a Dread Disease.
The covered Dread Diseases include only the following:

1. Acute Heart Attack 5. End Stage Renal Disease

9. Poliomyelitis
2. Chronic Liver Disease 6. Invasive Cancer
10. Progressive Muscular Atrophy (PMA)
3. Dissecting Aortic Aneurysm 7. Major Organ Transplant
11. Stroke
4. End Stage Lung Disease 8. Multiple Sclerosis

In case Hospital Confinement simultaneously qualifies the life insured for both Intensive Care and the Dread Disease, we will pay for only one
with the greater benefit amount.
We will pay the benefit during the continuance of the Hospital Confinement up to a maximum of 1,000 days.
If the benefits have become payable and the life insured is again confined to a Hospital due to the same or related Injury or Sickness, the
subsequent period of Hospital Confinement will be considered a continuation of the prior period. Benefits will commence on the first day of
such Hospital Confinement for an Injury or Sickness and the total combined Hospital Confinement will be subject to the 1,000 days maximum
period.
During the first 12 months from the effective date of this benefit or date of last reinstatement, we will provide no benefits for Hospital
Confinement resulting from Injury or Sickness for which the life insured received medical advice or treatment or medication within 12 months
prior to the effective date of this benefit or last reinstatement.
If the life insured has several policies with Hospital Income Benefit with us, the aggregate maximum of daily hospital income is Ps 10,000.
We will not pay any benefit for Hospital Confinement of the life insured caused by or resulting from any of the following: (a) attempted
suicide or self-inflicted injury while sane or insane; (b) war declared or undeclared, insurrection, riots, civil commotion or any hostile action of
armed forces; (c) abuse of drug or alcohol; (d) committing or attempting to commit a criminal offense; (e) nervous or mental disorder; (f)
pregnancy, childbirth, miscarriage or abortion or complication of any of these; (g) congenital deformities and defects; (h) routine physical
check-up and rest cures; (i) cosmetic or plastic surgery, except as a result of Injury and recommended by a Physician; and (j) any Human
Immunodeficiency Virus (HIV) and/or any HIV-related illness including Acquired Immune Deficiency Syndrome (AIDS) and/or mutations,
derivation or variations thereof.
Note: This benefit automatically renews every year with premiums at issue age rates. We may change the premium rate of this benefit
from time to time but not more than once a year, subject to the approval of the Insurance Commission. We will advise you by
written notice as to new premium rate prior to the renewal year.

The above information is intended as a general summary and for reference only. Please refer to the contract for the detailed description of the
terms, conditions, limitations and exclusions of the above rider.
*The HIB Face Amount will be subject to Financial Underwriting.

This is only an illustration, not a contract of insurance.

4.8 / 1.9 094506O080320201121038757313 Page 3 of 6
 JESTER KUTCH ALCANTARA OLAYTA 32 (Male)
SUN Smarter Life Elite Peso 10 - Non-Smoker
Face Amount: Ps 500,000.00 Total Initial Annual Premium : Ps 110,165.00

Summary of Benefits (Accumulated Endowment Benefit)

End Guaranteed Guaranteed Scenario 1
of Att Death Cash Current Dividend Scale
Year Age Benefit Value Accumulation Rate at 3.80%
Accumulated Illustrative Total Living Total Death
Endow. Benefit Accum. Dividend Benefit Benefit
4 36 1,000,000 205,895 5,376 211,271 1,005,376
6 38 1,000,000 296,020 40,000 14,832 350,852 1,054,832
8 40 1,000,000 393,590 83,098 29,884 506,572 1,112,982
10 42 1,000,000 499,270 129,533 52,044 680,847 1,181,577
12 44 1,000,000 519,415 179,565 79,831 778,811 1,259,396
14 46 1,000,000 559,620 233,471 111,277 904,368 1,344,748
16 48 1,000,000 601,275 291,552 146,586 1,039,413 1,438,138
18 50 1,000,000 637,945 354,131 185,752 1,177,828 1,539,883
20 52 1,000,000 676,115 421,556 229,099 1,326,770 1,650,655
***
23 55 1,000,000 713,955 512,983 301,356 1,528,294 1,814,339
28 60 1,000,000 726,865 747,677 442,752 1,917,294 2,190,429
33 65 1,000,000 780,600 987,206 615,047 2,382,853 2,602,253

End Guaranteed Guaranteed Scenario 2 Dividend Scale

of Att Death Cash Accumulation Rate at 3.30%
Year Age Benefit Value
Accumulated Illustrative Total Living Total Death
Endow. Benefit Accum. Dividend Benefit Benefit
4 36 1,000,000 205,895 3,373 209,268 1,003,373
6 38 1,000,000 296,020 40,000 9,278 345,298 1,049,278
8 40 1,000,000 393,590 82,684 18,635 494,909 1,101,319
9 41 1,000,000 461,045 85,412 24,887 571,344 1,110,299
10 42 1,000,000 499,270 128,231 32,352 659,853 1,160,583
12 44 1,000,000 519,415 176,834 49,445 745,694 1,226,279
14 46 1,000,000 559,620 228,697 68,630 856,947 1,297,327
16 48 1,000,000 601,275 284,040 90,000 975,315 1,374,040
18 50 1,000,000 637,945 343,096 113,507 1,094,548 1,456,603
20 52 1,000,000 676,115 406,114 139,313 1,221,542 1,545,427
***
23 55 1,000,000 713,955 488,981 181,844 1,384,780 1,670,825
28 60 1,000,000 726,865 703,397 263,528 1,693,790 1,966,925
33 65 1,000,000 780,600 912,787 360,803 2,054,190 2,273,590

Total Living Benefit is the sum of Guaranteed Cash Value, Accumulated Endowment Benefit and Illustrative Accumulated
Dividends.
Total Death Benefit is the sum of Guaranteed Death Benefit, Accumulated Endowment Benefit and Illustrative
Accumulated Dividends.
The Accumulated Endowment Benefit will be payable in accordance with the hierarchy of beneficiaries as stated in the
contract.

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

This is only an illustration, not a contract of insurance.

4.8 / 1.9 094506O080320201121038757313 Page 4 of 6
 JESTER KUTCH ALCANTARA OLAYTA 32 (Male)
SUN Smarter Life Elite Peso 10 - Non-Smoker
Face Amount: Ps 500,000.00 Total Initial Annual Premium : Ps 110,165.00

Benefit Illustration
Accumulated Endowment Benefit
(Dividend Accumulation Option)
Current Dividend Scale
Accumulation Rate At 3.80%

Guaranteed Guaranteed Accumulated Illustrative Illustrative Total Total

Cash Endowment Endowment Cash Accumulated Living Death
Dur Value Benefit Benefit Dividend Dividend Benefit Benefit

1 228 228 228 1,000,228

2 23,280 762 999 24,279 1,000,999
3 148,385 1,586 2,623 151,008 1,002,623
4 205,895 2,654 5,376 211,271 1,005,376
5 265,740 3,911 9,491 275,231 1,009,491
6 296,020 40,000 40,000 4,980 14,832 350,852 1,054,832
7 359,505 41,520 6,173 21,569 422,594 1,063,089
8 393,590 40,000 83,098 7,496 29,884 506,572 1,112,982
9 461,045 86,255 8,953 39,973 587,273 1,126,228
10 499,270 40,000 129,533 10,552 52,044 680,847 1,181,577
11 518,630 134,455 11,477 65,498 718,583 1,199,953
12 519,415 40,000 179,565 11,843 79,831 778,811 1,259,396
13 559,180 186,388 12,213 95,077 840,645 1,281,465
14 559,620 40,000 233,471 12,587 111,277 904,368 1,344,748
15 601,110 242,343 12,963 128,469 971,922 1,370,812
16 601,275 40,000 291,552 13,236 146,586 1,039,413 1,438,138
17 637,820 302,631 13,511 165,667 1,106,118 1,468,298
18 637,945 40,000 354,131 13,789 185,752 1,177,828 1,539,883
19 676,020 367,588 14,071 206,881 1,250,489 1,574,469
20 676,115 40,000 421,556 14,356 229,099 1,326,770 1,650,655
*****
Age 55 713,955 512,983 14,557 301,356 1,528,294 1,814,339
Age 60 726,865 40,000 747,677 14,904 442,752 1,917,294 2,190,429
Age 65 780,600 987,206 15,261 615,047 2,382,853 2,602,253

Total Living Benefit is the sum of Guaranteed Cash Value, Accumulated Endowment Benefit and Illustrative Accumulated
Dividends.
Total Death Benefit is the sum of Guaranteed Death Benefit, Accumulated Endowment Benefit and Illustrative
Accumulated Dividends.
The Accumulated Endowment Benefit will be payable in accordance with the hierarchy of beneficiaries as stated in the
contract.

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

This is only an illustration, not a contract of insurance.

4.8 / 1.9 094506O080320201121038757313 Page 5 of 6
 JESTER KUTCH ALCANTARA OLAYTA 32 (Male)
SUN Smarter Life Elite Peso 10 - Non-Smoker
Face Amount: Ps 500,000.00 Total Initial Annual Premium : Ps 110,165.00

Dividend Information
Dividends
Sun Life Philippines will allot as a dividend once a year that part, if any, of Sun Life Philippines' surplus as may be
distributed to the policy except when the policy is being continued as paid-up term insurance. Dividends will be applied
to buy paid-up additions if no other option is elected. The dividend accumulations may be withdrawn by the owner on
written request to pay any advances with interest or any unpaid premium.
Dividends are not guaranteed and our Board of Directors also has the discretion to raise or lower the Company's
dividend scale.
Options
You have a choice of several dividend options depending on your chosen participating product. You may change the
policy's dividend option anytime upon request. The current dividend options available are:
1. Paid-Up Additions
Dividends are used to purchase additional Paid-Up Insurance. Paid-up Additions themselves are participating.
2. Premium Reduction
Dividends are applied towards the payment of your current amount due.
3. Dividend Accumulation
Dividends left with the company accumulate at the rate we declare. We will not pay any dividend accumulation
for the period between the withdrawal date and the previous policy anniversary.
4. Cash
Dividends are paid yearly to you in cash.

Declaration and Acknowledgement of Variability

I have read and understood the disclosures in this proposal illustration.
Further, I acknowledge that:
I have applied with Sun Life of Canada (Philippines), Inc. for a SUN Smarter Life Elite Peso 10 policy, and have reviewed the
illustration(s) that shows how a life insurance policy performs using the company's assumptions based on Insurance Commission's
guidelines on accumulation rates.
I understand that only those values described as guaranteed, if any, are guaranteed. All other policy values can change and may
probably be different from those illustrated to me. Actual values may be higher or lower depending on the dividend rates
actually earned.
I understand that dividend rates change from year to year since these are affected by the company's mortality experience,
investment returns, expenses, and taxes, and that Sun Life of Canada (Philippines), Inc. will advise me of the actual amount of the
dividend, if any.
I understand that the illustration(s) given to me will not become part of any issued policy, as these are provided only to show
how policy benefits would change over time under a specific set of assumptions.
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

This is only an illustration, not a contract of insurance.

4.8 / 1.9 094506O080320201121038757313 Page 6 of 6