Forever Legacy Whole Life Insurance Plan II

Remarks:

1. 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 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.

2. The Change of Insured Option is only applicable to policies owned by a corporation. 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 thirty-one (31) days before or after any Policy Anniversary. The new Insured is subject to underwriting rules of BOC Life and has to undergo full underwriting. Upon the change of Insured, the coverage period of the policy will change to whole life of the new Insured. Various terms of the policy will be revised upon the approval of the application for change of Insured. For details, please refer to the sample of endorsement to be issued after approval of the application. Upon the change of Insured, the Sum Insured, Guaranteed Cash Value, Total Premiums Paid, Terminal Dividend For Death (if any) and Terminal Dividend For Surrender (if any) of the policy may be adjusted. Death Benefit may be adjusted according to the above (where applicable) and the specified percentage of Sum Insured of the revised Policy Information Sheet. 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.