Elite Protector 5b4068
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Page 1 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF v3.0.16.09
PRUlink elite protector 5 Proposed Life Insured:
M
Age:
28
Sex:
Male
Total Annual :
PHP 240,325.00
Basic Cover:
PHP 1,200,000.00
Accelerated Total & Permanent Disability Benefit:
PHP 180,000.00
PRUlink elite protector 5 is a five-pay variable life insurance product that provides living, disability and death benefits. The living benefits are the partially and fully withdrawable values, subject to decreasing surrender charges, which are taken from the policy's share in the separate fund(s). The Total and Permanent Disability benefit accelerates a percentage of the sum assured. The death benefit is the total of the sum assured and the policy's fund value. Optional Benefits can be attached to this product.
This product is a variable contract. The benefits, namely the partial and full withdrawal values and the actual death benefit at time of death, all depend on the investment experience of separate (s) linked to the policy. If the fund value becomes insufficient to pay for applicable charges, the policy automatically terminates, and all benefits end. The applicable charges are explained in the Important Illustration Notes page. THE INVESTMENT RISKS ASSOCIATED WITH THIS PRODUCT ARE BORNE SOLELY BY THE POLICYOWNER. If, after buying the policy, you decide it is not suitable to your needs, simply return the Policy Booklet with your Policy Data Page to us within fifteen (15) days from the date you receive them. We will refund the you paid in full. I have read and understood the disclosures and the contents of this Sales Illustration. My agent has explained to my satisfaction the principal features of the policy plus the contents of this Sales Illustration and the manner in which the variable benefits will reflect the investment experience of the separate (s). I fully understand the and conditions of this policy and that when buying this policy, I am assuming all investment risks associated with it. I have read and understood the Investor Classification in the attached page and have made an assessment of my risk appetite with the help of my agent . I have taken my Investor Classification into consideration in my choice of fund allocation. I also understand that in the event of claim, my policy, including any optional benefits, will terminate if the aggregate amount of claim on Accelerated Total and Permanent Disability benefit and/or Accelerated Crisis Cover benefit and/or Accelerated Life Care benefit is equal to the sum assured on the basic policy exclusive of any Optional Benefits. I have been provided all relevant sales materials which will help me assess the suitability of this product to my needs. In addition, I understand that the Company has the right to vary the insurance charge, policy fee, annual management charge, and any rider charge and extra charge in the future. M Applicant-owner
M Proposed Life Insured
This Sales Illustration shall form part of the insurance contract once the policy is the entire insurance contract, please ask your servicing agent or refer to your policy booklet.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
issued.
For more information on what constitutes
Agent's Code : Agent's Signature :
70006942
Page 2 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
INVESTMENT FUND OPTION
PRUlink bond fund
The PRUlink bond fund seeks to achieve an optimal level of income in the medium term together with long term capital growth through investments in fixed income securities and money market instruments. PRUlink managed fund
The PRUlink managed fund seeks to optimize medium to long term capital and income growth through investment in fixed income securities, money market instruments and shares listed on the Philippine Stock Exchange.
PRUlink proactive fund The PRUlink proactive fund seeks to optimize medium to long term capital and income growth with emphasis on dynamic asset allocation by fund managers through investment in fixed income securities, money market instruments and shares of stocks listed in the Philippines 100 %
PRUlink growth fund
The PRUlink growth fund seeks to optimize medium to long term capital and income growth, with an emphasis on strong capital growth, through a greater focus of investment in shares of stocks listed in the Philippines. The fund also invests in fixed income securities, and money market instruments . PRUlink equity fund
The PRUlink equity fund seeks to optimize medium to long term capital growth through investments in shares of stocks listed in the Philippines.
Eastspring Investments (Singapore) Limited ("Eastspring Investments") is an ultimately wholly owned subsidiary of Prudential plc of the United Kingdom ("Ultimate Parent Company"). Eastspring Investments and its Ultimate Parent Company are not d in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America. Eastspring Investments is the asset management arm of Prudential plc in Asia, and has been managing Pru Life Insurance Corporation of U.K.'s ("Pru Life UK") underlying funds for its unit-linked or investment-linked product portfolio since Pru Life UK pioneered the PruLink product line in 2002.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 3 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
INVESTOR CLASSIFICATION
This means that when you invest, you want your capital to be subject to minimal risk. However, you realize that this may mean you may not achieve real capital growth on the amount invested because of inflation. CAUTIOUS
Example of funds that may fit the investor's profile: PRUlink dollar bond fund, PRUlink asian local bond fund
MODERATELY CAUTIOUS
PRUlink bond fund, PRUlink money market fund,
This means that when you invest, you want the potential of some real capital growth in the long run. You understand that to have this potential, you need to take some risk with the capital you invest and accept some risk of capital loss. Example of funds that may fit the investor's profile: PRUlink managed fund, PRUlink proactive fund
MODERATELY ADVENTUROUS
This means that when you invest, you want the potential of greater real capital growth in the long run. You understand that to have this potential, you need to take moderate risk with the capital you invest and accept moderate risk of capital loss. Example of funds that may fit the investor's profile: PRUlink growth fund, PRUlink proactive fund
This means that when you invest, you want the potential of significant real capital growth in the long run. You understand that to have this potential, you need to take higher risk with the capital you invest and accept higher risk of capital loss. ADVENTUROUS
Example of funds that may fit the investor's profile: fund, PRUlink global emerging markets dynamic fund
PRUlink equity fund, PRUlink asia pacific equity
In any given fund, the investment return is not guaranteed and in the event of unfavorable market condition, your capital may be negatively affected and may result in capital losses .
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 4 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
PROTECTION BENEFITS PAGE Enjoy the advantage of having a comprehensive plan complete with additional protection benefit(s) which enhances the PRUlink elite protector 5 policy you are going to purchase. You have chosen the benefits below: Benefit Type
Benefit
Benefit Amount
Protection Benefit (in PHP)
(in PHP) Basic Cover (Sum Assured) *
Lump Sum
1,200,000.00
1,200,000.00
Accelerated Total and Permanent Disability
Lump Sum
180,000.00
Included in Basic Cover
Accelerated Crisis Cover Benefit
Lump Sum
180,000.00
Included in Basic Cover
Waiver of on TPD
Waiver
240,325.00
Future s
Life Care Waiver
Waiver
240,325.00
Future s
*Your Basic Cover (Sum Assured) shall not be less than five (5) times the required annual for the basic cover, which is PHP 230,768.00.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 5 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
ILLUSTRATION OF BENEFITS PRUlink growth fund
Policy Year
Attained Age
Annual
Top-up Amount
Withdrawal Amount
1
29
240,325.00
-
-
2
30
240,325.00
-
-
3
31
240,325.00
-
4
32
240,325.00
5
33
6 7
Fund Allocation**
PROJECTED BENEFITS FULL WITHDRAWAL VALUE LOW (4.00%)*
CURRENT (4.75%)*
HIGH (10.00%)*
168,227.50
101,266.76
101,999.68
107,111.09
204,276.25
267,734.08
270,567.49
290,685.68
-
228,308.75
472,804.38
479,406.28
527,140.59
-
-
228,308.75
711,176.02
723,699.62
815,972.92
240,325.00
-
-
240,325.00
1,171,106.81
1,195,980.63
1,382,787.17
34
-
-
-
-
1,215,564.84
1,250,417.57
1,518,562.07
35
-
-
-
-
1,261,679.86
1,307,319.15
1,667,785.29
8
36
-
-
-
-
1,309,493.90
1,366,778.05
1,831,775.82
9
37
-
-
-
-
1,359,043.67
1,428,884.29
2,011,977.11
10
38
-
-
-
-
1,410,371.17
1,493,736.05
2,209,981.00
11
39
-
-
-
-
1,463,510.52
1,561,426.51
2,427,528.34
12
40
-
-
-
-
1,518,521.41
1,632,077.65
2,666,559.64
13
41
-
-
-
-
1,575,440.43
1,705,791.63
2,929,182.50
14
42
-
-
-
-
1,634,329.20
1,782,699.14
3,217,740.14
15
43
-
-
-
-
1,695,211.69
1,862,896.71
3,534,767.63
16
44
-
-
-
-
1,758,163.77
1,946,536.74
3,883,107.38
17
45
-
-
-
-
1,823,207.68
2,033,721.79
4,265,826.05
18
46
-
-
-
-
1,890,406.65
2,124,599.72
4,686,339.34
19
47
-
-
-
-
1,959,823.23
2,219,322.17
5,148,401.07
20
48
-
-
-
-
2,031,491.97
2,318,017.22
5,656,108.06
32
60
-
-
-
-
3,093,510.82
3,880,261.94
17,521,756.80
37
65
-
-
-
-
3,654,642.92
4,782,670.79
28,088,504.42
*Investment returns used are net of final tax, Annual Management Charge and other investment expenses. **Fund allocation is the total allocated amount from annual s and top-ups, if any.
The values above are based on the projected performance of the fund where your policy is linked. Because fund performance is not guaranteed, the values are also not guaranteed. In addition, the assumed investment returns used in projecting the LOW, CURRENT, and HIGH values represent a range of possible returns that may be achieved by the fund. The HIGH and LOW assumptions are only for illustration purposes and do not represent the upper and lower limit of the actual investment return that may occur. The HIGH and LOW investment returns, at 10.00% and 4.00%, are those prescribed by the Insurance Commission. The illustrated "CURRENT" investment return is based on the actual average investment return experienced by the fund in the last 36 months, as indicated in the HISTORICAL UNIT FUND PERFORMANCE page, except that if the average exceeds 10.00%, the illustrated investment return is capped at 10.00%. Please refer to IMPORTANT ILLUSTRATION NOTES page for more information.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 6 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
ILLUSTRATION OF DEATH BENEFITS
Policy Year
Attained Age
1 2
DEATH BENEFIT
29
LOW (4.00%)** 1,368,777.93
CURRENT (4.75%)** 1,369,999.46
HIGH (10.00%)** 1,378,518.47
30
1,582,477.25
1,586,524.98
1,615,265.26
3
31
1,830,405.84
1,839,208.37
1,902,854.12
4
32
2,088,970.03
2,104,624.52
2,219,966.15
5
33
2,371,106.81
2,395,980.63
2,582,787.17
6
34
2,415,564.84
2,450,417.57
2,718,562.07
7
35
2,461,679.86
2,507,319.15
2,867,785.29
8
36
2,509,493.90
2,566,778.05
3,031,775.81
9
37
2,559,043.67
2,628,884.29
3,211,977.11
10
38
2,610,371.17
2,693,736.05
3,409,981.00
11
39
2,663,510.52
2,761,426.50
3,627,528.34
12
40
2,718,521.41
2,832,077.65
3,866,559.64
13
41
2,775,440.43
2,905,791.63
4,129,182.50
14
42
2,834,329.20
2,982,699.14
4,417,740.14
15
43
2,895,211.69
3,062,896.71
4,734,767.63
16
44
2,958,163.77
3,146,536.74
5,083,107.38
17
45
3,023,207.68
3,233,721.79
5,465,826.05
18
46
3,090,406.65
3,324,599.72
5,886,339.34
19
47
3,159,823.23
3,419,322.17
6,348,401.07
20
48
3,231,491.97
3,518,017.22
6,856,108.06
32
60
4,293,510.82
5,080,261.94
18,721,756.80
37
65
4,854,642.92
5,982,670.79
29,288,504.42
**Investment returns used are net of final tax, Annual Management Charge and other investment expenses.
The Death Benefit is comprised of the following: 1. Sum Assured 2. Fund Value 3. 125% of all Top-ups less 125% of all withdrawals on Top-up units, but not to fall below zero (0) The values above are based on the projected performance of the fund where your policy is linked. Because fund performance is not guaranteed, the values are also not guaranteed. In addition, the assumed investment returns used in projecting the LOW, CURRENT, and HIGH values represent a range of possible returns that may be achieved by the fund. The HIGH and LOW assumptions are only for illustration purposes and do not represent the upper and lower limit of the actual investment return that may occur. The HIGH and LOW investment returns, meet the requirements prescribed by the Insurance Commission. The illustrated "CURRENT" investment return for PRUlink bond fund, PRUlink managed fund, PRUlink growth fund, PRUlink equity fund and PRUlink proactive fund are based on the actual average investment return experienced by the Fund in the last 36 months, as indicated in the HISTORICAL UNIT FUND PERFORMANCE page, except that if the average exceeds the HIGH rate, the illustrated investment return is capped at HIGH rate. When the fund value is no longer sufficient to pay for the policy fee, insurance charge, rider charge (if any), holiday charge (if any), or other applicable charges, the policy automatically terminates on the day any such charges are due and all benefits end. In such an event, the remaining balance of your units which are no longer sufficient to pay off outstanding charges will just be refunded to you.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 7 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
IMPORTANT ILLUSTRATION NOTES 1. The projected benefits on ILLUSTRATION OF BENEFITS page are already net of charges, as specified below. These charges may vary. a. Annual insurance charge, inclusive of tax and Documentary Stamp Tax, which starts at PhP 1.38 per 1,000 of the sum assured. All Top-ups shall also be subject to insurance charge. While the insurance charge is quoted at an annual rate, deductions from the fund shall be made monthly. Rider charges, if any, are also deducted each month. Monthly deductions may change within one policy year as monthly insurance charges and rider charges are based on the attained age of the Proposed Life Insured. b. Policy Fee, deducted monthly from the total fund, amounting to PhP 33.33, if within paying period and PhP 16.67 after paying period. The policy fee is guaranteed not to exceed PhP 50.00 per month. The annual insurance charge, rider charge (if any) and policy fee are to be deducted proportionately based on the particular fund's share in the policy's total fund value. It may happen that the LOW and CURRENT, or CURRENT and HIGH investment returns are the same for a particular fund, but their year-on-year Full Withdrawal Values differ, because these charges are allocated to each fund based on the weight of the fund to the policy's total fund value. c. Annual Management Charge (AMC) of:
2. 3.
4.
5. 6. 7.
8.
FUND
AMC
MAXIMUM AMC
PRUlink bond fund
1.53%
2.00%
PRUlink managed fund
1.79%
2.00%
PRUlink proactive fund
2.25%
2.50%
PRUlink growth fund
2.25%
2.50%
PRUlink equity fund
2.25%
2.50%
PRUlink money market fund
0.50%
1.50%
The rates are guaranteed not to exceed the Maximum AMC. d. For fund withdrawals on s, a surrender charge will be applied based on the amount withdrawn, at the following rates: 40% on the first policy year, 30% on the second policy year, 25% on the third policy year, and 20% on the fourth policy year. The policy year will be counted from the Policy Effectivity Date. e. For fund withdrawals on Top-ups, a surrender charge will be applied based on the amount withdrawn, at the following rates: 5% on the first policy year, 4% on the second policy year, 3% on the third policy year, 2% on the fourth policy year, and 1% on the fifth policy year. The policy year will be counted from the date the Top-up is made. All Top-ups shall be subject to an initial charge of 3% of the Top-up amount. In case s are not paid within the grace period of 31 days from due date, a Holiday Charge shall be deducted from your . This charge is expressed as a percentage of the modal Regular due, at a rate of 30%, 15%, 5% and 5% respectively for each policy years 1 through 4. The fund value may run out due to partial withdrawals, deduction of charges and/or extreme market volatility. If the fund value is no longer sufficient to pay for the policy fee, insurance charge, rider charge (if any), holiday charge (if any), or other applicable charges, the policy automatically terminates on the day any such charges are due. In such an event, the remaining balance of your units which are no longer sufficient to pay off outstanding charges will just be refunded to you. Values illustrated on ILLUSTRATION OF BENEFITS page assume that all s are paid in full when due and as planned with no holiday, and assuming that the current scale of charges remain unchanged. Top-ups are made at the beginning of the policy year, and partial withdrawals are made at the end of the policy year. Partial withdrawals are funded by selling the number of units in your fund that will cover the amount of your partial withdrawal. Partial withdrawals will first be drawn from the units in accordance with the order of regular s and/or Top-ups paid, on a first-in-first-out basis. If partial withdrawals are drawn from Units created from the Regular s, the Policy Year will be counted from the Policy Effectivity Date and surrender charge will be based on item 1.d. If partial withdrawals are drawn from Units created from Top-ups, the Policy Year will be counted from the date the Top-up is made and surrender charge will be based on item 1.e. Because the performance of the Fund is not guaranteed, the sufficiency of the fund value to your partial withdrawal is also not guaranteed. Values illustrated on ILLUSTRATION OF BENEFITS page are Full Withdrawal Values net of withdrawals plus Top-ups. If Full Withdrawal Value is withdrawn, your policy automatically terminates, and all future withdrawals no longer apply.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 8 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF v3.0.16.09
VARIABLE LIFE INSURANCE PLAN HISTORICAL UNIT FUND PERFORMANCE The actual returns from Pru Life UK's unit funds, net of final tax, Annual Management Charge and other investment expenses, are shown below. Please note that past performance is not necessarily indicative of the future or likely performance of the funds. Peso Unit Fund Performance as of December 31, 2015
Fund Launch Date
Peso Bond Fund
Peso Managed Fund
Peso Growth Fund
Peso Equity Fund**
Peso ProActive Fund
Peso Money Market Fund*
Sept. 24, 2002
Sept. 24, 2002
July 22, 2005
Oct. 1, 2007
Feb. 17, 2009
Feb. 17, 2009
Year 1
10.71 %
12.40 %
23.03 %
28.27 %
31.11 %
2.08 %
Year 2
4.02 %
9.71 %
61.44 %
80.90 %
19.32 %
1.76 %
Year 3
10.56 %
11.94 %
-33.72 %
-40.23 %
16.32 %
0.55 %
Year 4
18.49 %
21.36 %
12.49 %
11.25 %
12.62 %
-0.58 %
Year 5
8.18 %
13.03 %
28.50 %
36.03 %
-2.71 %
-0.90 %
Year 6
1.59 %
-4.36 %
27.47 %
32.36 %
11.76 %
-0.26 %
Year 7
8.03 %
9.86 %
13.95 %
19.21 %
N/A
N/A
Year 8
8.54 %
16.78 %
21.71 %
26.11 %
N/A
N/A
Year 9
5.89 %
3.87 %
3.56 %
5.86 %
N/A
N/A
Year 10
10.86 %
12.65 %
9.38 %
10.67 %
N/A
N/A
Year 11
11.24 %
11.10 %
N/A
N/A
N/A
N/A
Year 12
-1.57 %
0.07 %
N/A
N/A
N/A
N/A
Year 13
5.73 %
2.96 %
N/A
N/A
N/A
N/A
Compound Annual Investment Return based on completed years
7.76 %
9.13 %
14.31 %
17.21 %
14.29 %
0.44 %
Average Annual Investment Return for last 36 months preceding December 31, 2015
2.85 %
2.57 %
4.75 %
6.49 %
1.95 %
0.00 %
*Money Market Fund performance has an interest rate floor at zero percent (0%). **The Equity Fund has served as an underlying fund of the Managed and Growth Funds prior to the fund launch date.
The assets in our unit funds are valued using the marked-to-market valuation method on a daily basis. The unit prices of Pru Life UK’s unit funds www.prulifeuk.com.ph for the latest unit prices.
are published every Friday on major newspapers, or you may log on to our website
Certified true and correct:
Lee C. Longa EVP and Chief Financial Officer Date of Certification: June 22, 2016
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 9 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF v3.0.16.09
VARIABLE LIFE INSURANCE PLAN ACKNOWLEDGEMENT OF VARIABILITY AND UNDERSTANDING
Applicant's Name:
M
Application Number: Agent's Name:
ALICE M GARIN
Agent's Code:
70006942
Agent's Unit:
I acknowledge that: I have applied with Pru Life UK for a Variable Life Insurance Policy and have reviewed the illustration(s) that shows how a life insurance policy could perform using the Company's assumptions and based on the Insurance Commission's guidelines on investment returns. 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 policy are periodically published. I understand that the investment risks under the policy are to be borne solely by me, as the policyowner. I confirm that: a. I have been furnished with copies of the sales illustration/quotation proposal, product summary and any other relevant sales materials ("Materials"); b. the Materials have been properly, completely and satisfactorily explained to me; and c. I have fully understood the Materials. I hereby declare that I accept, agree with and understand the features, benefits, nature, limitations, exclusions, risks, and conditions of the Policy that I am applying to purchase.
Applicant's Signature over Printed Name
Date
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
PRUlink elite protector 5 Proposed Life Insured:
M
Age:
28
Sex:
Male
Total Annual :
PHP 240,325.00
Basic Cover:
PHP 1,200,000.00
Accelerated Total & Permanent Disability Benefit:
PHP 180,000.00
PRUlink elite protector 5 is a five-pay variable life insurance product that provides living, disability and death benefits. The living benefits are the partially and fully withdrawable values, subject to decreasing surrender charges, which are taken from the policy's share in the separate fund(s). The Total and Permanent Disability benefit accelerates a percentage of the sum assured. The death benefit is the total of the sum assured and the policy's fund value. Optional Benefits can be attached to this product.
This product is a variable contract. The benefits, namely the partial and full withdrawal values and the actual death benefit at time of death, all depend on the investment experience of separate (s) linked to the policy. If the fund value becomes insufficient to pay for applicable charges, the policy automatically terminates, and all benefits end. The applicable charges are explained in the Important Illustration Notes page. THE INVESTMENT RISKS ASSOCIATED WITH THIS PRODUCT ARE BORNE SOLELY BY THE POLICYOWNER. If, after buying the policy, you decide it is not suitable to your needs, simply return the Policy Booklet with your Policy Data Page to us within fifteen (15) days from the date you receive them. We will refund the you paid in full. I have read and understood the disclosures and the contents of this Sales Illustration. My agent has explained to my satisfaction the principal features of the policy plus the contents of this Sales Illustration and the manner in which the variable benefits will reflect the investment experience of the separate (s). I fully understand the and conditions of this policy and that when buying this policy, I am assuming all investment risks associated with it. I have read and understood the Investor Classification in the attached page and have made an assessment of my risk appetite with the help of my agent . I have taken my Investor Classification into consideration in my choice of fund allocation. I also understand that in the event of claim, my policy, including any optional benefits, will terminate if the aggregate amount of claim on Accelerated Total and Permanent Disability benefit and/or Accelerated Crisis Cover benefit and/or Accelerated Life Care benefit is equal to the sum assured on the basic policy exclusive of any Optional Benefits. I have been provided all relevant sales materials which will help me assess the suitability of this product to my needs. In addition, I understand that the Company has the right to vary the insurance charge, policy fee, annual management charge, and any rider charge and extra charge in the future. M Applicant-owner
M Proposed Life Insured
This Sales Illustration shall form part of the insurance contract once the policy is the entire insurance contract, please ask your servicing agent or refer to your policy booklet.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
issued.
For more information on what constitutes
Agent's Code : Agent's Signature :
70006942
Page 2 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
INVESTMENT FUND OPTION
PRUlink bond fund
The PRUlink bond fund seeks to achieve an optimal level of income in the medium term together with long term capital growth through investments in fixed income securities and money market instruments. PRUlink managed fund
The PRUlink managed fund seeks to optimize medium to long term capital and income growth through investment in fixed income securities, money market instruments and shares listed on the Philippine Stock Exchange.
PRUlink proactive fund The PRUlink proactive fund seeks to optimize medium to long term capital and income growth with emphasis on dynamic asset allocation by fund managers through investment in fixed income securities, money market instruments and shares of stocks listed in the Philippines 100 %
PRUlink growth fund
The PRUlink growth fund seeks to optimize medium to long term capital and income growth, with an emphasis on strong capital growth, through a greater focus of investment in shares of stocks listed in the Philippines. The fund also invests in fixed income securities, and money market instruments . PRUlink equity fund
The PRUlink equity fund seeks to optimize medium to long term capital growth through investments in shares of stocks listed in the Philippines.
Eastspring Investments (Singapore) Limited ("Eastspring Investments") is an ultimately wholly owned subsidiary of Prudential plc of the United Kingdom ("Ultimate Parent Company"). Eastspring Investments and its Ultimate Parent Company are not d in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America. Eastspring Investments is the asset management arm of Prudential plc in Asia, and has been managing Pru Life Insurance Corporation of U.K.'s ("Pru Life UK") underlying funds for its unit-linked or investment-linked product portfolio since Pru Life UK pioneered the PruLink product line in 2002.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 3 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
INVESTOR CLASSIFICATION
This means that when you invest, you want your capital to be subject to minimal risk. However, you realize that this may mean you may not achieve real capital growth on the amount invested because of inflation. CAUTIOUS
Example of funds that may fit the investor's profile: PRUlink dollar bond fund, PRUlink asian local bond fund
MODERATELY CAUTIOUS
PRUlink bond fund, PRUlink money market fund,
This means that when you invest, you want the potential of some real capital growth in the long run. You understand that to have this potential, you need to take some risk with the capital you invest and accept some risk of capital loss. Example of funds that may fit the investor's profile: PRUlink managed fund, PRUlink proactive fund
MODERATELY ADVENTUROUS
This means that when you invest, you want the potential of greater real capital growth in the long run. You understand that to have this potential, you need to take moderate risk with the capital you invest and accept moderate risk of capital loss. Example of funds that may fit the investor's profile: PRUlink growth fund, PRUlink proactive fund
This means that when you invest, you want the potential of significant real capital growth in the long run. You understand that to have this potential, you need to take higher risk with the capital you invest and accept higher risk of capital loss. ADVENTUROUS
Example of funds that may fit the investor's profile: fund, PRUlink global emerging markets dynamic fund
PRUlink equity fund, PRUlink asia pacific equity
In any given fund, the investment return is not guaranteed and in the event of unfavorable market condition, your capital may be negatively affected and may result in capital losses .
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 4 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
PROTECTION BENEFITS PAGE Enjoy the advantage of having a comprehensive plan complete with additional protection benefit(s) which enhances the PRUlink elite protector 5 policy you are going to purchase. You have chosen the benefits below: Benefit Type
Benefit
Benefit Amount
Protection Benefit (in PHP)
(in PHP) Basic Cover (Sum Assured) *
Lump Sum
1,200,000.00
1,200,000.00
Accelerated Total and Permanent Disability
Lump Sum
180,000.00
Included in Basic Cover
Accelerated Crisis Cover Benefit
Lump Sum
180,000.00
Included in Basic Cover
Waiver of on TPD
Waiver
240,325.00
Future s
Life Care Waiver
Waiver
240,325.00
Future s
*Your Basic Cover (Sum Assured) shall not be less than five (5) times the required annual for the basic cover, which is PHP 230,768.00.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 5 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
ILLUSTRATION OF BENEFITS PRUlink growth fund
Policy Year
Attained Age
Annual
Top-up Amount
Withdrawal Amount
1
29
240,325.00
-
-
2
30
240,325.00
-
-
3
31
240,325.00
-
4
32
240,325.00
5
33
6 7
Fund Allocation**
PROJECTED BENEFITS FULL WITHDRAWAL VALUE LOW (4.00%)*
CURRENT (4.75%)*
HIGH (10.00%)*
168,227.50
101,266.76
101,999.68
107,111.09
204,276.25
267,734.08
270,567.49
290,685.68
-
228,308.75
472,804.38
479,406.28
527,140.59
-
-
228,308.75
711,176.02
723,699.62
815,972.92
240,325.00
-
-
240,325.00
1,171,106.81
1,195,980.63
1,382,787.17
34
-
-
-
-
1,215,564.84
1,250,417.57
1,518,562.07
35
-
-
-
-
1,261,679.86
1,307,319.15
1,667,785.29
8
36
-
-
-
-
1,309,493.90
1,366,778.05
1,831,775.82
9
37
-
-
-
-
1,359,043.67
1,428,884.29
2,011,977.11
10
38
-
-
-
-
1,410,371.17
1,493,736.05
2,209,981.00
11
39
-
-
-
-
1,463,510.52
1,561,426.51
2,427,528.34
12
40
-
-
-
-
1,518,521.41
1,632,077.65
2,666,559.64
13
41
-
-
-
-
1,575,440.43
1,705,791.63
2,929,182.50
14
42
-
-
-
-
1,634,329.20
1,782,699.14
3,217,740.14
15
43
-
-
-
-
1,695,211.69
1,862,896.71
3,534,767.63
16
44
-
-
-
-
1,758,163.77
1,946,536.74
3,883,107.38
17
45
-
-
-
-
1,823,207.68
2,033,721.79
4,265,826.05
18
46
-
-
-
-
1,890,406.65
2,124,599.72
4,686,339.34
19
47
-
-
-
-
1,959,823.23
2,219,322.17
5,148,401.07
20
48
-
-
-
-
2,031,491.97
2,318,017.22
5,656,108.06
32
60
-
-
-
-
3,093,510.82
3,880,261.94
17,521,756.80
37
65
-
-
-
-
3,654,642.92
4,782,670.79
28,088,504.42
*Investment returns used are net of final tax, Annual Management Charge and other investment expenses. **Fund allocation is the total allocated amount from annual s and top-ups, if any.
The values above are based on the projected performance of the fund where your policy is linked. Because fund performance is not guaranteed, the values are also not guaranteed. In addition, the assumed investment returns used in projecting the LOW, CURRENT, and HIGH values represent a range of possible returns that may be achieved by the fund. The HIGH and LOW assumptions are only for illustration purposes and do not represent the upper and lower limit of the actual investment return that may occur. The HIGH and LOW investment returns, at 10.00% and 4.00%, are those prescribed by the Insurance Commission. The illustrated "CURRENT" investment return is based on the actual average investment return experienced by the fund in the last 36 months, as indicated in the HISTORICAL UNIT FUND PERFORMANCE page, except that if the average exceeds 10.00%, the illustrated investment return is capped at 10.00%. Please refer to IMPORTANT ILLUSTRATION NOTES page for more information.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 6 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
ILLUSTRATION OF DEATH BENEFITS
Policy Year
Attained Age
1 2
DEATH BENEFIT
29
LOW (4.00%)** 1,368,777.93
CURRENT (4.75%)** 1,369,999.46
HIGH (10.00%)** 1,378,518.47
30
1,582,477.25
1,586,524.98
1,615,265.26
3
31
1,830,405.84
1,839,208.37
1,902,854.12
4
32
2,088,970.03
2,104,624.52
2,219,966.15
5
33
2,371,106.81
2,395,980.63
2,582,787.17
6
34
2,415,564.84
2,450,417.57
2,718,562.07
7
35
2,461,679.86
2,507,319.15
2,867,785.29
8
36
2,509,493.90
2,566,778.05
3,031,775.81
9
37
2,559,043.67
2,628,884.29
3,211,977.11
10
38
2,610,371.17
2,693,736.05
3,409,981.00
11
39
2,663,510.52
2,761,426.50
3,627,528.34
12
40
2,718,521.41
2,832,077.65
3,866,559.64
13
41
2,775,440.43
2,905,791.63
4,129,182.50
14
42
2,834,329.20
2,982,699.14
4,417,740.14
15
43
2,895,211.69
3,062,896.71
4,734,767.63
16
44
2,958,163.77
3,146,536.74
5,083,107.38
17
45
3,023,207.68
3,233,721.79
5,465,826.05
18
46
3,090,406.65
3,324,599.72
5,886,339.34
19
47
3,159,823.23
3,419,322.17
6,348,401.07
20
48
3,231,491.97
3,518,017.22
6,856,108.06
32
60
4,293,510.82
5,080,261.94
18,721,756.80
37
65
4,854,642.92
5,982,670.79
29,288,504.42
**Investment returns used are net of final tax, Annual Management Charge and other investment expenses.
The Death Benefit is comprised of the following: 1. Sum Assured 2. Fund Value 3. 125% of all Top-ups less 125% of all withdrawals on Top-up units, but not to fall below zero (0) The values above are based on the projected performance of the fund where your policy is linked. Because fund performance is not guaranteed, the values are also not guaranteed. In addition, the assumed investment returns used in projecting the LOW, CURRENT, and HIGH values represent a range of possible returns that may be achieved by the fund. The HIGH and LOW assumptions are only for illustration purposes and do not represent the upper and lower limit of the actual investment return that may occur. The HIGH and LOW investment returns, meet the requirements prescribed by the Insurance Commission. The illustrated "CURRENT" investment return for PRUlink bond fund, PRUlink managed fund, PRUlink growth fund, PRUlink equity fund and PRUlink proactive fund are based on the actual average investment return experienced by the Fund in the last 36 months, as indicated in the HISTORICAL UNIT FUND PERFORMANCE page, except that if the average exceeds the HIGH rate, the illustrated investment return is capped at HIGH rate. When the fund value is no longer sufficient to pay for the policy fee, insurance charge, rider charge (if any), holiday charge (if any), or other applicable charges, the policy automatically terminates on the day any such charges are due and all benefits end. In such an event, the remaining balance of your units which are no longer sufficient to pay off outstanding charges will just be refunded to you.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 7 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF PRUlink elite protector 5
v3.0.16.09
IMPORTANT ILLUSTRATION NOTES 1. The projected benefits on ILLUSTRATION OF BENEFITS page are already net of charges, as specified below. These charges may vary. a. Annual insurance charge, inclusive of tax and Documentary Stamp Tax, which starts at PhP 1.38 per 1,000 of the sum assured. All Top-ups shall also be subject to insurance charge. While the insurance charge is quoted at an annual rate, deductions from the fund shall be made monthly. Rider charges, if any, are also deducted each month. Monthly deductions may change within one policy year as monthly insurance charges and rider charges are based on the attained age of the Proposed Life Insured. b. Policy Fee, deducted monthly from the total fund, amounting to PhP 33.33, if within paying period and PhP 16.67 after paying period. The policy fee is guaranteed not to exceed PhP 50.00 per month. The annual insurance charge, rider charge (if any) and policy fee are to be deducted proportionately based on the particular fund's share in the policy's total fund value. It may happen that the LOW and CURRENT, or CURRENT and HIGH investment returns are the same for a particular fund, but their year-on-year Full Withdrawal Values differ, because these charges are allocated to each fund based on the weight of the fund to the policy's total fund value. c. Annual Management Charge (AMC) of:
2. 3.
4.
5. 6. 7.
8.
FUND
AMC
MAXIMUM AMC
PRUlink bond fund
1.53%
2.00%
PRUlink managed fund
1.79%
2.00%
PRUlink proactive fund
2.25%
2.50%
PRUlink growth fund
2.25%
2.50%
PRUlink equity fund
2.25%
2.50%
PRUlink money market fund
0.50%
1.50%
The rates are guaranteed not to exceed the Maximum AMC. d. For fund withdrawals on s, a surrender charge will be applied based on the amount withdrawn, at the following rates: 40% on the first policy year, 30% on the second policy year, 25% on the third policy year, and 20% on the fourth policy year. The policy year will be counted from the Policy Effectivity Date. e. For fund withdrawals on Top-ups, a surrender charge will be applied based on the amount withdrawn, at the following rates: 5% on the first policy year, 4% on the second policy year, 3% on the third policy year, 2% on the fourth policy year, and 1% on the fifth policy year. The policy year will be counted from the date the Top-up is made. All Top-ups shall be subject to an initial charge of 3% of the Top-up amount. In case s are not paid within the grace period of 31 days from due date, a Holiday Charge shall be deducted from your . This charge is expressed as a percentage of the modal Regular due, at a rate of 30%, 15%, 5% and 5% respectively for each policy years 1 through 4. The fund value may run out due to partial withdrawals, deduction of charges and/or extreme market volatility. If the fund value is no longer sufficient to pay for the policy fee, insurance charge, rider charge (if any), holiday charge (if any), or other applicable charges, the policy automatically terminates on the day any such charges are due. In such an event, the remaining balance of your units which are no longer sufficient to pay off outstanding charges will just be refunded to you. Values illustrated on ILLUSTRATION OF BENEFITS page assume that all s are paid in full when due and as planned with no holiday, and assuming that the current scale of charges remain unchanged. Top-ups are made at the beginning of the policy year, and partial withdrawals are made at the end of the policy year. Partial withdrawals are funded by selling the number of units in your fund that will cover the amount of your partial withdrawal. Partial withdrawals will first be drawn from the units in accordance with the order of regular s and/or Top-ups paid, on a first-in-first-out basis. If partial withdrawals are drawn from Units created from the Regular s, the Policy Year will be counted from the Policy Effectivity Date and surrender charge will be based on item 1.d. If partial withdrawals are drawn from Units created from Top-ups, the Policy Year will be counted from the date the Top-up is made and surrender charge will be based on item 1.e. Because the performance of the Fund is not guaranteed, the sufficiency of the fund value to your partial withdrawal is also not guaranteed. Values illustrated on ILLUSTRATION OF BENEFITS page are Full Withdrawal Values net of withdrawals plus Top-ups. If Full Withdrawal Value is withdrawn, your policy automatically terminates, and all future withdrawals no longer apply.
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 8 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF v3.0.16.09
VARIABLE LIFE INSURANCE PLAN HISTORICAL UNIT FUND PERFORMANCE The actual returns from Pru Life UK's unit funds, net of final tax, Annual Management Charge and other investment expenses, are shown below. Please note that past performance is not necessarily indicative of the future or likely performance of the funds. Peso Unit Fund Performance as of December 31, 2015
Fund Launch Date
Peso Bond Fund
Peso Managed Fund
Peso Growth Fund
Peso Equity Fund**
Peso ProActive Fund
Peso Money Market Fund*
Sept. 24, 2002
Sept. 24, 2002
July 22, 2005
Oct. 1, 2007
Feb. 17, 2009
Feb. 17, 2009
Year 1
10.71 %
12.40 %
23.03 %
28.27 %
31.11 %
2.08 %
Year 2
4.02 %
9.71 %
61.44 %
80.90 %
19.32 %
1.76 %
Year 3
10.56 %
11.94 %
-33.72 %
-40.23 %
16.32 %
0.55 %
Year 4
18.49 %
21.36 %
12.49 %
11.25 %
12.62 %
-0.58 %
Year 5
8.18 %
13.03 %
28.50 %
36.03 %
-2.71 %
-0.90 %
Year 6
1.59 %
-4.36 %
27.47 %
32.36 %
11.76 %
-0.26 %
Year 7
8.03 %
9.86 %
13.95 %
19.21 %
N/A
N/A
Year 8
8.54 %
16.78 %
21.71 %
26.11 %
N/A
N/A
Year 9
5.89 %
3.87 %
3.56 %
5.86 %
N/A
N/A
Year 10
10.86 %
12.65 %
9.38 %
10.67 %
N/A
N/A
Year 11
11.24 %
11.10 %
N/A
N/A
N/A
N/A
Year 12
-1.57 %
0.07 %
N/A
N/A
N/A
N/A
Year 13
5.73 %
2.96 %
N/A
N/A
N/A
N/A
Compound Annual Investment Return based on completed years
7.76 %
9.13 %
14.31 %
17.21 %
14.29 %
0.44 %
Average Annual Investment Return for last 36 months preceding December 31, 2015
2.85 %
2.57 %
4.75 %
6.49 %
1.95 %
0.00 %
*Money Market Fund performance has an interest rate floor at zero percent (0%). **The Equity Fund has served as an underlying fund of the Managed and Growth Funds prior to the fund launch date.
The assets in our unit funds are valued using the marked-to-market valuation method on a daily basis. The unit prices of Pru Life UK’s unit funds www.prulifeuk.com.ph for the latest unit prices.
are published every Friday on major newspapers, or you may log on to our website
Certified true and correct:
Lee C. Longa EVP and Chief Financial Officer Date of Certification: June 22, 2016
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
Page 9 of 9 EQS70006942-ABF3-1AF1805A32CA-161212-OF v3.0.16.09
VARIABLE LIFE INSURANCE PLAN ACKNOWLEDGEMENT OF VARIABILITY AND UNDERSTANDING
Applicant's Name:
M
Application Number: Agent's Name:
ALICE M GARIN
Agent's Code:
70006942
Agent's Unit:
I acknowledge that: I have applied with Pru Life UK for a Variable Life Insurance Policy and have reviewed the illustration(s) that shows how a life insurance policy could perform using the Company's assumptions and based on the Insurance Commission's guidelines on investment returns. 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 policy are periodically published. I understand that the investment risks under the policy are to be borne solely by me, as the policyowner. I confirm that: a. I have been furnished with copies of the sales illustration/quotation proposal, product summary and any other relevant sales materials ("Materials"); b. the Materials have been properly, completely and satisfactorily explained to me; and c. I have fully understood the Materials. I hereby declare that I accept, agree with and understand the features, benefits, nature, limitations, exclusions, risks, and conditions of the Policy that I am applying to purchase.
Applicant's Signature over Printed Name
Date
Presented by :
ALICE M GARIN
Presented to :
M
This Sales Illustration was prepared on 12/12/2016.
Agent's Code : Agent's Signature :
70006942
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