Proposal designed for:

HORIZONS Insured: MR. Keith Suquib

Owner: MR. Keith Suquib

Why you made the right choice with MANULIFE HORIZONS

Enjoy peace of mind with double protection coverage for your family.
Build your funds faster by making extra investments anytime through top-ups.
Withdraw money easily from your fund anytime a need arises.
Enhance your protection coverage through additional benefits depending on your specific needs.

How much you’ll invest (in PHP) How much you may get (in PHP)
Yearly investment1 Total investment2 Living benefit3 Death benefit
Basic plan 13,263 132,630 After 10 years: 122,068 600,000
Total investment 13,263 132,630 After 20 years: 238,440 600,000
At age 65: 1,245,413 1,245,413

Invest for a minimum of 10 years.2 Assuming your funds will grow by 8% a year.

Your policy details

Insured: Mr. Keith Suquib • This is your proposal also known as the sales illustration. Please read it carefully
Age: 23 Gender: Male and review all details before signing it.
Owner: Mr. Keith Suquib • You have 15 days to look at your policy contract from the time you receive it. If
you decide it is not suitable for your needs, you can return it and we will give you
Age: 23 Gender: Male the refund value.
Currency: Philippine Peso Face Amount: 300,000
• Your death benefit is the higher of 200% of your face amount, plus 125% of all
Your Your top-ups, less 125% of all partial withdrawals or your account value. It will not be
benefit premium less than 500% of the basic premium, plus 125% of top-ups less 125% of
Basic Plan withdrawals.
Manulife Horizons4 600,000 13,263.00 • AS THE OWNER, YOU SHALL BEAR ALL THE INVESTMENT RISKS
(10-Pay1, Type 2 Level Face) UNDER THIS POLICY.
Additional benefits (riders)
Accidental Death Benefit 600,000 1,065.06
Total Disability Waiver Included 156.18 1We will invest your basic premiums and extra investments in your funds.
Total annual premium 14,484.24 Policy charges may apply. Rider premiums are not invested in your funds.
2The minimum paying period of 10 years is not guaranteed. You may still
be asked to pay premiums to continue your policy.
Other installment options are also available: 3Your living benefit is the value of your investments in your funds. We call
Semi-annual 7,274.41 this your account value. How your funds will perform is not guaranteed,
Quarterly 3,653.36 therefore the values are not guaranteed.
4The benefit amount shown is your initial death benefit. It may be higher
Monthly 1,220.66
or lower as explained above in the notes about your death benefit.

Account value is the value of your investment in your funds.
Basic premiums are the amounts you will pay for your basic plan’s benefit.
Fund refers to any of the funds we are offering. Please read About our funds for
more information.
Refund value is the sum of the Account Value, the policy charges and your rider
premiums.
Extra Investments are additional amounts you can put in your fund on top of your
basic premium.
• Recurring top-ups are your regular extra investments you can pay together
with the basic premium.
• Lump sum top-ups are extra investments you can pay anytime.
Riders are extra benefits you can buy on top of your basic plan.
• Accidental Death Benefit covers you in case of death due to an accident.
• Critical Illness Rider gives you a lump sum benefit if diagnosed with any of 60
covered illnesses.
• Hospital Income Benefit gives you daily allowances for a stay in the hospital.
• MacciMax Plan gives you benefits in case of accident-related incidents.
• Term Rider gives you extra death benefit on top of basic plan.
• Total Disability Waiver exempts you from paying premiums when you become
disabled.
Rider premiums are the amounts you will pay for additional benefits.

Page 1 of 7
AA27K2199622VAK Your proposal was prepared on 06 September, 2019 and is valid until 06 October, 2019 Ver. Ph2019.3.62.004.0528
AF352874A626ORLW-01 This is valid only if all pages are included. UH210B - PACK
 Proposal designed for:
HORIZONS Insured: MR. Keith Suquib
Owner: MR. Keith Suquib

Your benefits illustrated

Basic LIVING BENEFIT FULL WITHDRAWAL VALUE DEATH BENEFIT

Year Age Premiums
4% 8% 10% 4% 8% 10% 4% 8% 10%
1 24 13,263 831 921 967 83 92 97 600,000 600,000 600,000
2 25 13,263 1,685 1,907 2,021 337 381 404 600,000 600,000 600,000
3 26 13,263 12,261 13,032 13,428 3,065 3,258 3,357 600,000 600,000 600,000
4 27 13,263 23,298 25,088 26,019 23,298 25,088 26,019 600,000 600,000 600,000
5 28 13,263 34,820 38,159 39,922 34,820 38,159 39,922 600,000 600,000 600,000
6 29 13,263 46,853 52,334 55,278 46,853 52,334 55,278 600,000 600,000 600,000
7 30 13,263 59,421 67,707 72,240 59,421 67,707 72,240 600,000 600,000 600,000
8 31 13,263 72,548 84,380 90,976 72,548 84,380 90,976 600,000 600,000 600,000
9 32 13,263 86,259 102,461 111,670 86,259 102,461 111,670 600,000 600,000 600,000
10 33 13,263 100,577 122,068 134,524 100,577 122,068 134,524 600,000 600,000 600,000
11 34 - 102,706 129,992 146,172 102,706 129,992 146,172 600,000 600,000 600,000
12 35 - 104,927 138,582 159,033 104,927 138,582 159,033 600,000 600,000 600,000
13 36 - 107,242 147,890 173,228 107,242 147,890 173,228 600,000 600,000 600,000
14 37 - 109,649 157,972 188,893 109,649 157,972 188,893 600,000 600,000 600,000
15 38 - 112,145 168,886 206,176 112,145 168,886 206,176 600,000 600,000 600,000
16 39 - 114,729 180,698 225,240 114,729 180,698 225,240 600,000 600,000 600,000
17 40 - 117,398 193,478 246,269 117,398 193,478 246,269 600,000 600,000 600,000
18 41 - 120,148 207,304 269,464 120,148 207,304 269,464 600,000 600,000 600,000
19 42 - 122,977 222,261 295,051 122,977 222,261 295,051 600,000 600,000 600,000
20 43 - 125,882 238,440 323,279 125,882 238,440 323,279 600,000 600,000 600,000
21 44 - 128,859 255,943 354,427 128,859 255,943 354,427 600,000 600,000 600,000
22 45 - 131,905 274,881 388,804 131,905 274,881 388,804 600,000 600,000 600,000
23 46 - 135,017 295,375 426,754 135,017 295,375 426,754 600,000 600,000 600,000
24 47 - 138,190 317,560 468,663 138,190 317,560 468,663 600,000 600,000 600,000
25 48 - 141,420 341,580 514,959 141,420 341,580 514,959 600,000 600,000 600,000
26 49 - 144,703 367,598 566,120 144,703 367,598 566,120 600,000 600,000 600,000
27 50 - 148,031 395,789 622,664 148,031 395,789 622,664 600,000 600,000 622,664
28 51 - 151,395 426,347 684,930 151,395 426,347 684,930 600,000 600,000 684,930
29 52 - 154,784 459,488 753,423 154,784 459,488 753,423 600,000 600,000 753,423
30 53 - 158,188 495,448 828,766 158,188 495,448 828,766 600,000 600,000 828,766
31 54 - 161,592 534,493 911,642 161,592 534,493 911,642 600,000 600,000 911,642
32 55 - 164,981 576,917 1,002,806 164,981 576,917 1,002,806 600,000 600,000 1,002,806
33 56 - 168,337 623,017 1,103,087 168,337 623,017 1,103,087 600,000 623,017 1,103,087
34 57 - 171,642 672,858 1,213,396 171,642 672,858 1,213,396 600,000 672,858 1,213,396
35 58 - 174,874 726,687 1,334,735 174,874 726,687 1,334,735 600,000 726,687 1,334,735
36 59 - 178,012 784,822 1,468,209 178,012 784,822 1,468,209 600,000 784,822 1,468,209
37 60 - 181,032 847,607 1,615,030 181,032 847,607 1,615,030 600,000 847,607 1,615,030
38 61 - 183,913 915,416 1,776,533 183,913 915,416 1,776,533 600,000 915,416 1,776,533
39 62 - 186,631 988,649 1,954,186 186,631 988,649 1,954,186 600,000 988,649 1,954,186
40 63 - 189,159 1,067,741 2,149,604 189,159 1,067,741 2,149,604 600,000 1,067,741 2,149,604
41 64 - 191,473 1,153,161 2,364,565 191,473 1,153,161 2,364,565 600,000 1,153,161 2,364,565
42 65 - 193,545 1,245,413 2,601,021 193,545 1,245,413 2,601,021 600,000 1,245,413 2,601,021
43 66 - 195,344 1,345,047 2,861,123 195,344 1,345,047 2,861,123 600,000 1,345,047 2,861,123
44 67 - 196,841 1,452,650 3,147,236 196,841 1,452,650 3,147,236 600,000 1,452,650 3,147,236
45 68 - 197,997 1,568,862 3,461,959 197,997 1,568,862 3,461,959 600,000 1,568,862 3,461,959
46 69 - 198,750 1,694,371 3,808,155 198,750 1,694,371 3,808,155 600,000 1,694,371 3,808,155
47 70 - 199,009 1,829,921 4,188,971 199,009 1,829,921 4,188,971 600,000 1,829,921 4,188,971
48 71 - 198,647 1,976,315 4,607,868 198,647 1,976,315 4,607,868 600,000 1,976,315 4,607,868
49 72 - 197,505 2,134,420 5,068,655 197,505 2,134,420 5,068,655 600,000 2,134,420 5,068,655
50 73 - 195,381 2,305,173 5,575,520 195,381 2,305,173 5,575,520 600,000 2,305,173 5,575,520

• Your benefits illustrated above are estimates based on different assumptions as to how your funds will perform. The scenarios above assume that
your funds will earn 4%, 8% and 10% a year. These rates are for illustration only, they do not represent actual performance and they are not the
limits on your fund returns. Actual returns may be lower or higher and the value could be less than how much you paid. How the funds will
perform is not guaranteed, so the values are also not guaranteed. Please read Important Reminders section for more
information.
• The full withdrawal values are already after withdrawal charges have been deducted.

Page 2 of 7
AA27K2199622VAK Your proposal was prepared on 06 September, 2019 and is valid until 06 October, 2019 Ver. Ph2019.3.62.004.0528
AF352874A626ORLW-01 This is valid only if all pages are included. UH210B - PACK
 Proposal designed for:
HORIZONS Insured: MR. Keith Suquib
Owner: MR. Keith Suquib

Your additional benefits (riders)

These are your additional benefits called riders that you bought together with this policy. When your policy ends, these benefits will also end.
Benefit Premium
Accidental Death Benefit
We will give this additional benefit when the insured dies due to accident. 600,000 1,065.06
Total Disability Waiver
You will no longer need to pay your premiums if the insured becomes totally disabled. You Included 156.18
may use this benefit only if disability happens before age 60 and it lasts for at least six
months. If it happens between ages 60 and 65, we will waive your premiums but up to age 65
only.

Page 3 of 7
AA27K2199622VAK Your proposal was prepared on 06 September, 2019 and is valid until 06 October, 2019 Ver. Ph2019.3.62.004.0528
AF352874A626ORLW-01 This is valid only if all pages are included. UH210B - PACK
 Proposal designed for:
HORIZONS Insured: MR. Keith Suquib
Owner: MR. Keith Suquib

Your guaranteed rider cash values

If you decide to end your policy, you can receive these amounts from your riders. The values shown below are for the riders you bought with
cash value feature.
Year Age Accidental Death Benefit Total
1 24 - -
2 25 - -
3 26 600.00 600.00
4 27 600.00 600.00
5 28 1,200.00 1,200.00
6 29 1,200.00 1,200.00
7 30 1,800.00 1,800.00
8 31 2,400.00 2,400.00
9 32 2,400.00 2,400.00
10 33 3,000.00 3,000.00
11 34 3,000.00 3,000.00
12 35 3,000.00 3,000.00
13 36 3,000.00 3,000.00
14 37 3,000.00 3,000.00
15 38 3,000.00 3,000.00
16 39 3,000.00 3,000.00
17 40 3,000.00 3,000.00
18 41 3,000.00 3,000.00
19 42 3,000.00 3,000.00
20 43 3,000.00 3,000.00
32 55 3,000.00 3,000.00
37 60 2,400.00 2,400.00
42 65 1,800.00 1,800.00

• Your riders will end once the insured reaches the following ages:
Accidental Death Benefit Rider age 70

Page 4 of 7
AA27K2199622VAK Your proposal was prepared on 06 September, 2019 and is valid until 06 October, 2019 Ver. Ph2019.3.62.004.0528
AF352874A626ORLW-01 This is valid only if all pages are included. UH210B - PACK
 Proposal designed for:
HORIZONS Insured: MR. Keith Suquib
Owner: MR. Keith Suquib

About our funds

Fund Your
Objectives of the fund management fund
charge allocation
Peso Secure Fund
The Peso Secure Fund is designed to achieve stable and long-term growth by investing in government securities, high-quality corporate debt 1.75% 0%
securities and/or in pooled fund/s that invest in these securities and other liquid fixed income instruments.
Peso Diversified Value Fund
The Peso Diversified Value Fund is designed to achieve a stable and long-term capital growth by investing in government securities, high-quality 2.00% 0%
corporate debt securities, stocks listed on the Philippine Stock Exchange and/or pooled fund/s that invest in these securities and other liquid fixed
income instruments.
Peso Dynamic Allocation Fund
The Peso Dynamic Allocation Fund is designed to achieve long-term capital growth by investing in diversified portfolios of local currency 2.25% 0%
denominated fixed income securities and securities listed on the Philippine Stock Exchange and/or pooled funds that invest in these securities and
other liquid fixed income instruments.
Peso Wealth Optimizer Funds
The Peso Wealth Optimizer Funds seek to maximize long-term capital growth while managing the risk of capital erosion as the specific target dates
approaches through a dynamic rebalancing of exposure to diversified portfolios of peso-denominated fixed income securities and securities listed on
the Philippine Stock Exchange and/or pooled funds that invest in these securities and other liquid fixed income instruments.
Peso Wealth Optimizer 2026 Fund 2.25% 0%
Peso Wealth Optimizer 2031 Fund 2.25% 0%
Peso Wealth Optimizer 2036 Fund 2.25% 0%
Peso Growth Fund
The Peso Growth Fund is designed to achieve long-term capital appreciation by investing in stocks listed on the Philippine Stock Exchange, 2.25% 100%
government securities and/or in pooled fund/s that invest in these securities and other liquid instruments.
Peso Powerhouse Fund
The Peso Powerhouse Fund is designed to achieve long-term capital appreciation by investing in a concentrated portfolio of companies with 2.00% 0%
significant economic exposure to or derive a significant portion of earnings from the Philippines. The Fund may also invest in pooled funds that invest
in similar securities and other liquid fixed income instruments.
Peso Emperor Fund
The Peso Emperor Fund aims to achieve long-term capital appreciation by investing in equity or equity-linked securities of a diversified portfolio of 2.00% 0%
Philippine-listed companies with bias towards companies with Filipino-Chinese heritage and emerging potential to become market leaders. The Fund
may also invest in pooled funds that invest in similar securities and other liquid fixed income instruments.
Peso Cash Fund (for fund switching only) 0.50% N/A
The Peso Cash Fund aims to deliver returns with low volatility through investments in cash-like instruments.

How our funds performed

Peso
Peso Peso Target Peso Wealth Peso Wealth Peso Wealth Peso
Peso Secure Dynamic Peso Growth Powerhouse PesoFund
Emperor
Diversified Distribution Optimizer Optimizer Optimizer
Fund Allocation Fund
Value Fund Fund** Fund 2026 Fund 2031 Fund 2036 Fund
Fund
Inception Date April 14, 2009 April 14, 2009 July 1, 2013 April 14, 2009 April 7, 2014 June 6, 2016 June 6, 2016 June 6, 2016 January 16, 2017 August 13, 2018
2009 *0.90% *8.70% N.A. *33.80% N.A. N.A. N.A. N.A. N.A. N.A.
2010 12.69% 18.03% N.A. 39.39% N.A. N.A. N.A. N.A. N.A. N.A.
2011 13.19% 9.51% N.A. 2.47% N.A. N.A. N.A. N.A. N.A. N.A.
2012 7.38% 12.17% N.A. 36.26% N.A. N.A. N.A. N.A. N.A. N.A.
2013 12.16% 8.57% *-4.80% 1.73% N.A. N.A. N.A. N.A. N.A. N.A.
2014 2.74% 5.93% 11.53% 21.40% *0.70% N.A. N.A. N.A. N.A. N.A.
2015 -2.16% -2.99% -4.89% -6.12% -4.50% N.A. N.A. N.A. N.A. N.A.
2016 0.39% -0.29% -2.17% -2.28% -3.64% *-8.10% *-8.70% *-8.80% N.A. N.A.
2017 -0.58% 4.76% 12.42% 24.45% 5.00% 18.28% 22.12% 22.59% *17.10% N.A.
2018 -3.64% -6.07% -10.06% -13.72% -5.83% -11.41% -13.00% -13.15% -12.38% *-2.40%
Return Since 47.95% 71.70% 0.10% 223.19% -4.07% -3.70% -3.00% -2.90% 2.60% -2.40%
Inception

* Fund performance is from inception date until December 31 of the launch year.
** Net of monthly payouts
• The Investment Funds ("Funds") mentioned in this document are specific to variable life insurance contracts and are not considered mutual funds.
• Yields depend on interest and foreign exchange rate levels, both of which may fluctuate. Other factors that affect yield include changes in the credit standing of the issuers and changes in the value of the stocks and dividends
received. Further, investments of the Funds may provide that their values be determined based on prices or yields of other securities, instruments or foreign currencies, and such provisions may result in negative fluctuations in the
value of these instruments and, in turn, the Funds' yields. Thus, the performance of the separate account(s) is not guaranteed and the value of the policy could be less than the capital invested subject to any specified minimum
guarantees.
• AS THE OWNER, YOU SHALL BEAR ALL THE INVESTMENT RISKS UNDER THIS POLICY.
• Past performance of the Funds is not necessarily indicative of future performance. Yields are not guaranteed. Yields indicated are exclusive of charges associated with the variable life policy.
• The Unit Price of a particular Fund is computed by dividing the Net Asset Value of the Fund by the number of outstanding units of the Fund on the Valuation Date. The frequency of valuation is daily.
• Unit Prices of the Funds are published weekly in major newspapers.
Certified true and correct:

Katerina Suarez
Senior Vice President and Chief Financial Officer Page 5 of 7
AA27K2199622VAK Your proposal was prepared on 06 September, 2019 and is valid until 06 October, 2019 Ver. Ph2019.3.62.004.0528
AF352874A626ORLW-01 This is valid only if all pages are included. UH210B - PACK
 Proposal designed for:
HORIZONS Insured: MR. Keith Suquib
Owner: MR. Keith Suquib

Important reminders

1. Your payments and benefits are in Philippine pesos.

2. Only basic premiums and top-up premiums are invested into your funds. Rider premiums are not invested.
3. Your living benefit is your account value.
4. Your death benefit (Type 2 Level Face) is higher of 200% of your face amount, plus 125% of all top-ups, less 125% of all partial
withdrawals or your account value. It will not be less than 500% of the basic premium, plus 125% of all top-up premiums paid, less 125%
of all withdrawals.
5. The value on Your benefits illustrated and Customize your benefits sections assume that:
a) All premiums, top-ups and withdrawals are made at the beginning of the year;
b) All premiums and top-ups are fully paid on time, and there were no premium holidays except for the amount shown under
Customize your benefits section;
c) You did not withdraw any other amount except for the amount shown under Customize your benefits section;
d) Your full withdrawal value is your living benefit less applicable withdrawal charges;
e) Your partial withdrawal values are taken out of the living benefits under Customize your benefits section. However,
withdrawal charges may apply and these are not yet reflected in the values shown.
6. Contract debt period: If your account value is not enough to pay for the monthly deductions during the first five years, we will delay
collecting them until your account value is enough. Your policy will not end and we will still pay the death benefit if the insured dies. This
will not apply if you miss paying your basic or rider premium, or if your total withdrawals are more than your total extra investments.
7. Premium holiday: You can choose to delay paying your premiums as long as your living benefit is enough to cover the monthly
deductions and rider premiums. However, your living and death benefits may be lower as a result and your policy may end earlier than
when you pay your premiums on time.
8. It is important that you understand the contents of this proposal, as it will become part of your policy once we have approved your
application.
9. We have tried our best to make sure this proposal is accurate; however there may still be mistakes and missing information.
10. Please read carefully your policy contract for the complete terms and conditions. We will apply the terms of your policy contract if there
are differences against your proposal.

The charges on your policy

• We will deduct premium charges out of your basic premiums • We will deduct fund management charges from your funds
and top-ups before we invest them. These are 70% of each basic as shown in About our funds. The fund returns we assumed in
premium for the first two years, and 4% of each top-ups. this illustration are already after these charges have been
• There are monthly deductions from your account value, which deducted.
are: • We will deduct withdrawal charges from the amount you will
receive should you withdraw from your funds during the first three
- the policy fee of PHP 83.33 per month for the first 10 years. These are 90% in the first year, 80% in the second year and
years. 75% in the third year. There are no withdrawal charges if you
- the cost of insurance which starts at PHP 3.75 for each withdraw from funds paid by your top-ups.
thousand of amount at risk (or PHP 186.03 per month) for the • We may change or add new charges as long as the Insurance
first month and increases with age but will not be higher than Commission approves them.
PHP 1,000 for each thousand of amount at risk.

Page 6 of 7
AA27K2199622VAK Your proposal was prepared on 06 September, 2019 and is valid until 06 October, 2019 Ver. Ph2019.3.62.004.0528
AF352874A626ORLW-01 This is valid only if all pages are included. UH210B - PACK
 Proposal designed for:
HORIZONS Insured: MR. Keith Suquib
Owner: MR. Keith Suquib

Acknowledgement of variability
I acknowledge that:
I have applied with The Manufacturers Life Insurance Co. (Phils.), Inc. for a variable life insurance policy, and have looked at the tables
of this proposal that show how the policy performs using the company's assumptions and based on the Insurance Commission's
guidelines on interest rates.
I understand that since the fund performance may vary, the values of my units are not guaranteed. It will depend on the actual
performance and the value of my policy could be less than how much I paid. The unit values of my policy are regularly published.
I understand that the recommended minimum payment period of 10 years may not be enough to continue my policy and I may need to
pay more premiums if the account value is not enough to pay the policy charges.
I understand that I shall bear all the investment risks under this policy.

Acknowledgement of understanding
I have read and understood the information in this proposal. My financial adviser has explained:
• the features of the policy;
• the non-guaranteed parts of the policy;
• the way the benefits will depend on how my funds will perform;
• the available funds and the risks related to them;
• the guarantees on the minimum death benefit and maximum charges; and
• that my policy will end once my funds are no longer enough to pay for my monthly deduction, except during contract debt
period.
I also understand that this proposal is valid only until 06 October, 2019 and that any changes will make this proposal invalid.

#OWNER_SIGNATURE #OWNER_SIGNDATE
Keith Suquib Date
Policy Owner

Agent’s confirmation
I have presented this proposal without making any changes. I have explained that the values are not guaranteed and may change. I did
not make any statement that is not consistent with the proposal.

#AGENT_SIGNATURE #AGENT_SIGNDATE
DEGALA,BONNIE,DE ASIS (352874) Date
Financial Adviser

Premium Components Extra Ratings

Permanent Temporary Temporary Permanent
Flat Flat Flat %
Annual Semi-Annual Quarterly Monthly Duration
Basic + Rider 14,484.24 7,274.41 3,653.36 1,220.66 HORIZONS std
ADB std
Recurring TU 0.00 0.00 0.00 0.00 TDW std
Total 14,484.24 7,274.41 3,653.36 1,220.66

Rider premiums may included adjustments for extra risk we are covering.

Page 7 of 7
AA27K2199622VAK Your proposal was prepared on 06 September, 2019 and is valid until 06 October, 2019 Ver. Ph2019.3.62.004.0528
AF352874A626ORLW-01 This is valid only if all pages are included. UH210B - PACK