Manulife's Seasons 100 is a participating whole life plan that provides you with the life insurance coverage

until you reach the age of 100. This product gives you with the much-needed funds to answer your immediate and future needs, may it be for emergencies, children's education, retirement, major purchases and other necessities. Receive the following benefits with this product: Guaranteed maturity benefit which is equal to your life insurance coverage upon reaching the age 100. Guaranteed life insurance protection for you and your family. Guaranteed cash values which you can borrow against your policy in case of financial emergencies. Dividend earnings which you can use in several ways. Supplementary benefits which you can opt to add to your plan.

Choose how long you want to pay the premium for this product, either 5 years, 10 years, 15 years or up to age 100.

Have someone back you up against possible financial risks and difficulties. All these with Manulife's Seasons 100!

The Manufacturers Life Insurance Company opened its doors for business in the Philippines in 1907. Since then, Manulife's Philippine Branch and later The Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has grown to become one of the leading life insurance companies in the country. Manulife Philippines is a wholly-owned domestic subsidiary of Manulife Financial Corporation, , among the world's largest life insurance companies by market capitalization (as of October 31, 2012). Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. In 2012, we celebrate 125 years of providing clients strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$515 billion (US$523 billion) as at September 30, 2012. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at manulife.com. Page 1 of 3
Ver. Ph2012.3.22.004.1213 This proposal prepared on 22 December, 2012 is valid until 21 January, 2013 AD7E2212CM1YG6S-PB100 AD329666AHVR3D42-01

An insurance illustration especially designed for Ralph Ernest Gatmaitan

Age 35 , MALE Seasons 100 10-Pay (PESO) Face Amount 3,617,101 Total Annual Premium Semi-Annual Premium Quarterly Premium Monthly Premium MAIN ILLUSTRATION FOR Seasons 100 10-Pay (PESO) NonGuaranteed Total Living Total Death Guaranteed Guaranteed Accumulated Benefits at Benefits at Death Benefit Cash Value Dividends at 6.0% 6.0% 6.0% 3,617,101 13,022 13,022 3,630,123 3,617,101 25,320 28,452 53,772 3,645,553 3,617,101 122,981 47,087 170,069 3,664,188 3,617,101 217,026 69,119 286,145 3,686,220 3,617,101 318,305 94,861 413,165 3,711,962 3,617,101 408,732 124,751 533,483 3,741,852 3,617,101 495,543 159,147 654,690 3,776,248 3,617,101 589,587 198,428 788,016 3,815,529 3,617,101 683,632 243,105 926,737 3,860,206 3,617,101 784,911 293,609 1,078,520 3,910,710 3,617,101 813,848 348,663 1,162,510 3,965,764 3,617,101 842,785 407,779 1,250,563 4,024,880 3,617,101 875,338 470,985 1,346,323 4,088,086 3,617,101 907,892 538,634 1,446,526 4,155,735 3,617,101 940,446 610,885 1,551,331 4,227,986 3,617,101 976,617 688,013 1,664,631 4,305,114 3,617,101 1,009,171 770,312 1,779,483 4,387,413 3,617,101 1,045,342 857,766 1,903,108 4,474,867 3,617,101 1,081,513 950,792 2,032,305 4,567,893 3,617,101 1,121,301 1,049,617 2,170,919 4,666,718 3,617,101 3,617,101 3,617,101 3,617,101 1,949,617 2,300,476 2,582,610 3,617,101 5,155,173 10,248,569 19,677,649 27,039,540 7,104,790 12,549,045 22,260,259 30,656,641 8,772,274 13,865,670 23,294,750 30,656,641 Premium 119,728.16 119,728.16 63,543.93 33,611.89 11,555.50

Policy Year 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Attained Age 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55

Annual Premiums 119,728 119,728 119,728 119,728 119,728 119,728 119,728 119,728 119,728 119,728 -

NonGuaranteed Accumulated Dividends at 4.0% 13,022 28,192 46,247 67,304 91,590 119,452 151,142 186,920 227,168 272,172 320,496 371,513 425,112 481,507 540,700 602,803 667,933 735,886 806,882 880,934 3,400,318 5,963,191 10,037,855 12,892,202

Total Living Benefits at 4.0% 13,022 53,511 169,229 284,330 409,895 528,185 646,685 776,507 910,800 1,057,083 1,134,344 1,214,297 1,300,451 1,389,399 1,481,146 1,579,421 1,677,105 1,781,228 1,888,395 2,002,236 5,349,935 8,263,667 12,620,465 16,509,303

Total Death Benefits at 4.0% 3,630,123 3,645,293 3,663,348 3,684,405 3,708,691 3,736,553 3,768,243 3,804,021 3,844,269 3,889,273 3,937,597 3,988,614 4,042,213 4,098,608 4,157,801 4,219,904 4,285,034 4,352,987 4,423,983 4,498,035 7,017,419 9,580,292 13,654,956 16,509,303

Attained Age 75 85 95 100

Important Illustration Notes: * The above is a summarized illustration of the major benefits found in your policy and are demonstrated for illustration purposes only. This is not a policy contract. You should refer to your Insurance Adviser or the Company for further information/details; or if appropriate, a more detailed proposal. * The above illustration relates to your Basic Plan, including riders, if any, and assumes that all premiums are paid in full when due. * Accumulated Dividends are projected at 6% and 4% in this illustration. These are based on a forecast of future interest rates and are not guaranteed. * The illustration includes dividends which are calculated based on a projection of the current dividend scale, which has incorporated the Company's expectation of future interest rates, investment yields returns, expenses, claims experience and other factors. It is for illustrative purposes only. Actual dividends may be different and depend on how well the fund has fared with regard to investment yields returns, expenses, claims and other factors. Actual interest rates and investment returns may be higher or lower than projected future interest rates and investment returns and if the actual investment return is lower than the projected investment return, dividends may be decreased and vice versa. * Total Living Benefits is the sum of Guaranteed Cash Value and Accumulated Dividends. * Total Death Benefit is the sum of Guaranteed Death Benefit and Accumulated Dividends. * Values may differ from actual policy values due to rounding off. Values illustrated above are based on standard rates unless specified. * The values illustrated will vary in accordance with the Proposed Insured's insurance age upon issuance of the contract. Changes in premium rates, dividend scales and interest rates also affect these values. The values illustrated do not include any dividend withdrawals and/or policy loans. * We have tried our best to ensure accuracy of this illustration, however, errors and omissions may still have occurred in its preparation.

I have carefully read and understood the disclosures in the illustration. My Insurance Adviser has explained to my satisfaction the principal features of this policy and its non-guaranteed components. I also understand that the illustration is valid only for one (1) month from print date and that any alteration shall invalidate this illustration. Ralph Ernest Gatmaitan POLICYOWNER DELA CRUZ,ERWIN,SILLA (329666) INSURANCE ADVISER

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Ver. Ph2012.3.22.004.1213 This proposal prepared on 22 December, 2012 is valid until 21 January, 2013 AD7E2212CM1YG6S-PB100 AD329666AHVR3D42-01

ACKNOWLEDGEMENT OF VARIABILITY
Applicant Application No Insurance Adviser's Name : Ralph Ernest Gatmaitan : : DELA CRUZ,ERWIN,SILLA

Code No :

329666

Unit :

I acknowledge that: I have applied with The Manufacturers Life Insurance Co. (Phils.), Inc. for a Seasons 100 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 interest 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 and since these are affected by the company's mortality experience, investment returns, expenses, and taxes, and that Manulife will advise me of the actual amount of the dividend, if any. If on any future date I choose to use available policy dividends to pay for my future premiums, I understand that actual dividend performance will determine when or if policy values are sufficient to pay my future premiums. 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.

Applicant's Signature over Printed Name

Date

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Ver. Ph2012.3.22.004.1213 This proposal prepared on 22 December, 2012 is valid until 21 January, 2013 AD7E2212CM1YG6S-PB100 AD329666AHVR3D42-01