Assure Together Global Whole Life Insurance Plan

Remarks:

1. Starting from the first Policy Anniversary, the Policy Owner can designate a family member (who must be the parent, spouse, child, grandparent, grandchild or sibling) as a Designated Recipient and the Designated Percentage. In the unfortunate event that the Policy Owner is diagnosed as a Mentally Incapacitated Person while the policy is in force, the Designated Recipient can make a claim for the Mental Incapacity Benefit ("MIB") within 90 days from the date of the diagnosis, and receive a lump sum amount up to the equivalent of 50% of the Policy Value (subject to BOC Life’s approval and rules stated in the policy provisions). After the payment of the MIB, the Policy Value will be reduced accordingly and the remaining value may continue to grow over time in the future. Subject to the terms and conditions. For details, please refer to remark 1 in product brochure of the Plan and the policy documents issued by BOC Life.

2. When the Notional Amount of the Basic Plan is HK$3,000,000 / RMB2,500,000 / USD385,000 or above, the Policy Owner is eligible for the Creating EPA Benefit2. Under this benefit, as long as the Policy Owner has created an EPA in Hong Kong which has been successfully registered by the High Court of Hong Kong after expiry of the cooling-off period and before the third Policy Anniversary, he / she may then apply to BOC Life for reimbursement of the actual expenses incurred in connection with it, up to a maximum of HK$8,000. Subject to the terms and conditions. For details, please refer to remark 2 in product brochure of the Plan and the policy documents issued by BOC Life.

3. While the policy is in force and during the lifetime of the Insured, the Policy Owner may request in writing to have the Death Benefit payable to the Beneficiary(ies) in the occurrence of the death of the Insured in accordance with any one or more payment option(s) and/or payment deferral arrangement(s) offered at BOC Life’s sole discretion (“Settlement Option(s)”) (“‘Prosperity Wealth’ Advance Policy Instruction”). Upon approval of the Policy Owner’s application for “Prosperity Wealth” Advance Policy Instruction by BOC Life, an endorsement will be issued to record the details of the “Prosperity Wealth” Advance Policy Instruction including the Settlement Option(s) chosen by the Policy Owner and the manner in which such Settlement Option(s) shall be implemented. The “Prosperity Wealth” Advance Policy Instruction shall not be valid unless and until such “Prosperity Wealth” Advance Policy Instruction is approved by BOC Life and evidenced by such endorsement. Upon BOC Life’s approval of the death claim, payments calculated by the Determined Portion of Death Benefit shall be paid to the designated Beneficiary(ies) in accordance with the Settlement Option(s) chosen by the Policy Owner which respectively apply(ies) to each of such designated Beneficiary(ies). If the Settlement Option(s) chosen by the Policy Owner include(s) payment deferral arrangement(s), such payments shall be paid to the designated Beneficiary(ies) on or commencing from (as the case may be) the Designated Date of Payment under “Prosperity Wealth” Advance Policy Instruction. For the avoidance of doubt, should the Designated Date of Payment under “Prosperity Wealth” Advance Policy Instruction fall before our approval of the death claim, such payment deferral arrangement(s) shall be deemed to be cancelled, and the payment(s) to each of the designated Beneficiaries shall be released in accordance with the payment option(s) under the Settlement Option(s) chosen by the Policy Owner which respectively apply(ies) to each of such designated Beneficiary(ies) after BOC Life’s approval of the death claim. A non-guaranteed interest rate declared by BOC Life from time to time will be applied to the unpaid Determined Portion of Death Benefit accumulated with BOC Life. The payments amount is therefore not guaranteed. The last payment under this “Prosperity Wealth” Advance Policy Instruction to the Beneficiary(ies) under the policy will fully discharge BOC Life from further liability under the policy.

4. During the lifetime of both of the existing and new Insureds and while the policy is in force, you may make an application for change of Insured within 31 days before or after any Policy Anniversary. The New Insured is subject to underwriting rules of BOC Life. The attained Age of the New Insured on the date of the submission of the Application for Change of Insured must be between 15 days and 65 and the attained Age of the New Insured must not exceed the attained Age of the first Insured (i.e. the Insured upon issuance of the policy) for 10 years or more. Various terms of the policy will be revised upon the approval of the application for change of Insured. If the new Insured dies within two years from the effective date of change of Insured and the death is not an Accidental Death, the Death Benefit amount payable by BOC Life will be calculated as follows: (i) the higher of: (a) the sum of Guaranteed Cash Value and any Terminal Dividend (non-guaranteed) applicable as at the date of death; or (b) 100% of Total Premiums Paid as at the date of death; plus (ii) dividend accumulations (non-guaranteed) (if any); less (iii) Indebtedness (if any) and outstanding premiums (if any). For details, please refer to the sample of endorsement to be issued after approval of the application. Change of Insured is subject to the prevailing rules and conditions of BOC Life. For more details regarding change of Insured, please contact BOC Life at 2860 0688.

5. During the lifetime of the Insured and while the policy is in force, the Policy Owner may make an application to nominate a Contingent Insured who may become the Insured of the policy when the current Insured dies, provided that all of the following conditions are met: (i) satisfactory proof of the insurability of the Contingent Insured is provided and accepted by BOC Life; (ii) satisfactory proof of the Policy Owner’s insurable interest in the Contingent Insured is provided and accepted by BOC Life; (iii) satisfactory proof of the Beneficiary(ies)’s insurable interest in the Contingent Insured is provided and accepted by BOC Life; (iv) the attained Age of the Contingent Insured on the date of the submission of the Application for Nomination of Contingent Insured must be between 15 days and 65; (v) the attained Age of the Contingent Insured must not exceed the attained Age of the first Insured (i.e. the Insured upon issuance of the Policy) for 10 years or more; (vi) the Policy Owner, Contingent Insured, assignee (if any), irrevocable Beneficiary (if any) and any relevant person(s) as may be requested BOC Life must sign on BOC Life’s prescribed application for Contingent Insured; and (vii) the Policy Owner provides such other information as may be requested by BOC Life in processing the application for nomination of Contingent Insured. The acceptance of application for the nomination of Contingent Insured will be entirely at BOC Life’s discretion, and subject to such other terms and conditions as BOC Life shall determine from time to time. Please note that upon the death of the existing Insured, the Contingent Insured will not automatically become the new Insured. If the current Insured dies and there is a Contingent Insured duly nominated, while the policy is in force and within one year from the date of death of the current deceased Insured, the Policy Owner may make an application for change of Insured to BOC Life to apply for replacing the current deceased Insured with the Contingent Insured. BOC Life’s approval of such application is subject to the following requirements: (i) the Contingent Insured is alive on the date of death of the current deceased Insured; (ii) Death Benefit is not paid under the policy; (iii) satisfactory proof of death of the current deceased Insured is provided and accepted by BOC Life; (iv) satisfactory proof of the insurability of the Contingent Insured is provided and accepted by BOC Life; (v) satisfactory proof of the Policy Owner’s insurable interest in the Contingent Insured is provided and accepted by BOC Life; (vi) satisfactory proof of the Beneficiary(ies)’s insurable interest in the Contingent Insured is provided and accepted by BOC Life; (vii) the attained Age of the Contingent Insured on the date of death of the current deceased Insured must be between 15 days and 65; (viii) the Policy Owner, Contingent Insured, assignee (if any), irrevocable Beneficiary (if any) and any relevant person(s) as may be requested by BOC Life from time to time must sign on BOC Life’s prescribed Application for change of Insured; and (ix) the Policy Owner provides such other information as may be requested by BOC Life in processing the application for change of Insured. The acceptance of Policy Owner’s application for change of Insured to the Contingent Insured will be entirely at BOC Life’s discretion, and subject to such other terms and conditions as BOC Life shall determine from time to time. Various terms of the policy will be revised upon the approval of the application for change of Insured to the Contingent Insured. For details, please refer to the sample of endorsement to be issued after approval of the application. In the event that there is a Contingent Insured nominated under the policy, BOC Life will not process any claim for Death Benefit within one year from the date of death of the current deceased Insured. BOC Life will only process a claim for Death Benefit in respect of the current deceased Insured if there is no application for change of Insured submitted within one year from the date of death of the current deceased Insured, such application for change of Insured is rejected, or the Contingent Insured is removed, whichever is the earliest. For the avoidance of doubt, if there is a Contingent Insured nominated and such Contingent Insured has successfully become the Insured of the policy, the Death Benefit under the policy will not be payable for the death of the current deceased Insured.

6. The Policy Owner may apply for changing the policy currency within the designated period, by exchanging the policy for a plan under the same series offered by BOC Life, subject to the prevailing conditions of BOC Life. The terms of the policy will be revised to follow all benefits, options and other policy terms as provided by such new plan, which may be significantly different from the Basic Plan of the original policy, include but are not limited to product features, policy value, and supplementary benefits (if any). The Notional Amount, guaranteed and non-guaranteed policy value, future premium(s) due and payable (if any) and interest rate for the dividend accumulations (if any) may be affected by your exercise of the Currency Exchange Option. Policy Owner should evaluate in detail for the differences between the offerings of the original plan and the plan available for currency exchange at that time, and consider whether the relevant product meets his/her own individual needs. Please pay attention that foreign currency exchange rates may fluctuate, it may result in losses if the Policy Owner changes the policy currency. For details, please refer to remark 6 in product brochure and the policy documents issued by BOC Life.

7. Policy Owner may make an application for split within the designated period, subject to the prevailing conditions of BOC Life. Upon BOC Life’s approval, certain policy values of the original policy will be transferred to the Split Policy and the Notional Amount of the original policy will be reduced. Apart from the cash value (guaranteed and non-guaranteed) and Notional amount, the Total Premiums Paid and protections will be adjusted accordingly. Any dividend accumulations of the original policy will be split according to the respective new Notional Amounts of the original policy after split and the Split Policy. All terms and conditions of the Split Policy will follow the original policy. Nevertheless, the Accidental ICU Benefit may not be applicable to the Split Policy. The Policy Date and Policy Issue Date of the Split Policy will be the same as the original policy. Time shall not run afresh in respect of the computation of Policy Years, and the operation of Incontestability clause and Suicide clause of the Split Policy. There is no cooling off period for the Split Policy. For details, please refer to remark 7 in product brochure and the policy documents issued by BOC Life.

8. If any of the Trigger Events occurs to the Policy Owner on or after the expiry of one year from (i) the Policy Issue Date or (ii) the effective date that the policy has been reinstated or (iii) the effective date of change of ownership of the policy, whichever is the latest, during the premium payment period. As the Policy Owner, you may apply for this benefit within six months from (i) the occurrence of the relevant Trigger Event or (ii) the date of your receipt of relevant documentary proof as may be applicable to the Trigger Event, whichever is later. The application must be submitted in writing using the BOC Life’s prescribed form to its Hong Kong office along with documentary proof of the Trigger Event satisfactory to BOC Life, for approval at the expense of Policy Owner. This benefit can only be applied for once under each policy. Once your application is approved, the grace period of each premium due, including premiums for the Basic Plan and all riders attached, within one year of the Premium Deferral Period Start Date (the relevant premium due date of the policy designated by BOC Life) will be extended up to the Premium Deferral Period End Date (i.e. the day immediately preceding the first anniversary of Premium Deferral Period Start Date) or until the termination of this benefit, whichever is earlier. BOC Life reserves the right to request the Policy Owner to provide additional documents or evidence at his/her expense for assessment of the application. If the Policy Owner fails to provide sufficient proof satisfactory to BOC Life, the application will not be approved. Subject to the terms and conditions. For details, please refer to remark 8 in product brochure and the policy documents issued by BOC Life.