Sun Life Financial Advisor Administration Guide

Transcription

1 Sun Life Financial Advisor Administration Guide managed by CI Investments Inc. issued by Sun Life Assurance Company of Canada

2 How to complete a SunWise Essential Series Signature Form y All plan types except TFSA y TFSA y PMA Enrolment Form Five Tips to successfully establish a SunWise Essential Series Contract holding Income Class Units How to complete subsequent transactions on a SunWise Essential Series Contract y How to make subsequent deposits y How to make a withdrawal y How to make a standard switch (FEL to FEL or DSC to DSC) y How to request a reclassification of units between classes y How to change from the DSC-load option to the ISC (FEL)-load option y How to request the automatic rebalancing service Fund Information y Annual Servicing Commission y Estimated MERs and Estate Class and Income Class Fees Road map for SunWise Essential Series Road map for SunWise Essential Series investing in Private Managed Assets Note: For details regarding Anti-Money Laundering policies and requirements, please refer to ABC { Home } { Advisor business } { Compliance and licensing } Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA)

3 How to complete a SunWise Essential Series Signature Form. All clients must complete the electronic Investment Fund Application and Electronic Signature Form in order to establish a contract. Clients who would like the SunWise Essential Series PMA units must complete the SunWise Essential Series Individual Variable Annuity Contract Application Form and the SunWise Essential Series PMA Enrolment Form. How to complete a SunWise Essential Series signature form for all plan types except TFSA. MANDATORY FIELDS: I. Contract Type Section 2 II. Dealer and Representative Information Section 3 III. Owner Information Section 4 (and Section 5 if applicable) i. Name ii. Date of Birth iii. Social Insurance Number (SIN) IV Annuitant Information Section 6 (applicable only if different from Owner(s)) i. Name ii. Address iii. Date of Birth iv. Country of Residency V. LWA Income Streams for the Income Class Section 8 (mandatory if Income Class units are purchased) Please note: LWA payments cannot begin if an LWA Income Stream has not been selected or required information is incomplete. For the Two-Life Income Stream, the Annuitant s spouse must be the Second Life and the sole primary beneficiary. VI. Beneficiary Designation Section 10 If the Two-Life Income Stream has been selected, this section is mandatory and the Annuitant s spouse must be the sole primary beneficiary. VII. Owner Acknowledgement/ Authorization Section 17 i. Owner s Signature with date ii. Joint Owner s Signature with date (if applicable) iii. Annuitant s Signature with date (if Annuitant is not the owner) iv. Second Life s Signature with date (for Two-Life contracts) v. Signed At (City and Province) VIII. Representative s Acknowledgement Section 18 Important: Initial trades electronically placed into Income Class units will automatically show the Income Stream as Unknown until the SunWise Essential Series signature form is received indicating either One-Life or Two-Life Income Stream. It is recommended that you fax the SunWise Essential Series signature form the same day the trade is placed to ensure the income stream selection is updated. Document Centre fax: Important: Master Account functionality is currently not available to Sun Life Financial Advisors. Only the funds for the selected product type will be available in the Investment Direction section of the electronic Investment Fund Application. SunWise Essential Series Investment Class funds, SunWise Essential Series Estate Class funds and SunWise Essential Series Income Class (GLWB) funds cannot be commingled and must be invested in separate accounts. Please refer to the section What you understand and agree to when you sign this Application on the SunWise Essential Series signature form for more details. 11

4 Section 2 (Contract Type) y One contract type must be selected Section 3 (Dealer and Representative Information) - Mandatory Sections 4 and 5 (Owner Information, Joint, In Trust For or Spousal Registered Plan Information) y The Owner(s) and Annuitant(s) must all be Canadian residents to establish a contract. Section 6 (Annuitant Information) y For Joint Ownership contracts, where the Annuitant section is left blank, the contract will be deemed to have Joint Annuitants. The Death Benefit will be payable only upon the death of the last surviving Annuitant. 1 Contract Number (if available) 2 Contract Type (Select only one) *Subject to the terms of the applicable endorsement 3 Dealer and Representative Information 4 Owner Information The Owner is the Annuitant unless otherwise noted in Section 6 5 Joint, In Trust For or Spousal Registered Plan Information Joint Owner and In Trust for Contracts are not applicable to Registered Contracts Subrogated Policyholders - Quebec residents only: If you (the Owner) and Joint Owner would like to name each other as subrogated policyholders please check here m SunWise Essential Series Individual Variable Annuity Contract Electronic Signature Form SunWise Essential Series Contract Number Distributor s Account Number m Non-Registered Individual m Retirement Savings Plan (RSP) m Retirement Income Fund (RIF) m Non-Registered Joint m Spousal RSP m Spousal RIF m Non-Registered In trust for m Locked-in RSP (LRSP)* m Life Income Fund (LIF)* m Non-Registered Estate/Trust m Locked-in Retirement Account (LIRA)* m Locked-in Retirement Income Fund (LRIF)* m Non-Registered Sole Proprietorship m Restricted Locked-in Savings Plan (RLSP)* m Prescribed Retirement Income Fund (PRIF)* m Non-Registered Partnership m Group RSP m Restricted Life Income Fund (RLIF)* m Non-Registered Corporate Sun Life Financial Distributors (Canada) Inc. Dealer's Name Dealer Number Representative Number Telephone Number Address Training Supervisor's signature (Quebec Only) X m Mr. m Mrs. m Miss m Ms. m Dr. Gender m Male m Female Owner's Name (last, first, middle) Residence Telephone Number Date of Birth Owner's Address Social Insurance Number (SIN) m Mr. m Mrs. m Miss m Ms. m Dr. Gender m Male m Female Name (last, first, middle) Date of Birth Social Insurance Number (SIN) Country of Residency Joint Ownership Information - (Joint Non-Registered Contracts only) Joint Ownership Type: m Joint Owners with Right of Survivorship (not applicable in Quebec) m Joint Owners Representative's Name Signing Authority: m Only one signature required NOTE: If not selected both signatures are required. 6 Annuitant Information Complete if different from Owner(s) For Registered Contracts, the Annuitant must be the Owner. For Non-Registered Joint Ownership Contracts, if no single Annuitant is named in this section, the Contract will be deemed to have Joint Annuitants and the Contract Maturity Date will be determined based on the age of the younger Annuitant. m Mr. m Mrs. m Miss m Ms. m Dr. Gender m Male m Female Annuitant's Name (last, first, middle) Annuitant's Address (if different from Owner) City or Town Province Postal Code Date of Birth Country of Residency Relationship to Owner SW ESS SIG APP 9-10_E2 PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 2 Sun Life Financial Advisor Administration Guide

5 7 Successor Owner Optional - For Non-Registered Contracts only This section should only be completed in situations where the Annuitant is not the Owner. 8 LWA Income Streams for the Income Class (Mandatory) LWA payments cannot begin if a LWA Income Stream has not been selected. * Spouse has the meaning as defined by the Income Tax Act 9 LWA Protection Service Effective on or about January 1, Beneficiary Designation For Contracts signed in Quebec the designation of a spouse (married or civil union) as beneficiary is irrevocable unless the Owner checks revocable here: m revocable For the Two-Life Income Stream option on Registered Plans, you must name your spouse as sole primary beneficiary. * Relationship of the beneficiary to the Annuitant in all provinces excluding Quebec where the relationship is to the Owner. 11 Banking Authorization Please attach a void cheque. m Mr. m Mrs. m Miss m Ms. m Dr. Gender m Male m Female Successor Owner's Name (last, first, middle) Address City or Town Province Postal Code Date of Birth Relationship to Owner LWA Income Stream: An LWA Income Stream must be elected at the time of the first deposit into the Income Class and may not be changed. m One-Life Income Stream (for Non-Registered Joint Annuitant Contracts please specify below the name of the Annuitant whose age will be used in determining income stream payments.) m Two-Life Income Stream (for Two-Life Income Stream the Second Life must be the Annuitant s spouse* and the Joint Annuitant on a Non-Registered Contract. For Registered Contracts, spousal details must be provided below) Please complete the information below for Non-Registered Joint Annuitant Contracts electing the One-Life Income Stream or for Registered Contracts electing the Two-Life Income Stream. Gender m Male m Female Name (last, first, middle) Date of Birth Social Insurance Number (SIN) Country of Residency CI will add the LWA Protection Service to ensure that withdrawals in your Income Class do not exceed your LWA. To remove this service please check here m Primary Beneficiary Relationship * Share Contingent Beneficiary Relationship* Name(s) (%) Name(s) (for the adjacent share) m Pre-Authorized Chequing Plan (PAC) - I (We) authorize CI to make the withdrawals as indicated in the Electronic Application. I (We) confirm that all persons whose signatures are required to authorize bank withdrawals have signed below. Funds withdrawn will be invested according to the Investment Direction in the Electronic Application. I (We) understand that I (we) may terminate this authorization by giving CI ten days written notice. X Signature(s) Signature(s) required if Depositor(s) is (are) other than the Owner(s) indicated in Section 4 and/or 5. By signing you confirm the banking information provided in Section 12 and that you have read and agree to the PAC terms and conditions outlined at the front of this application. Total 100% Name of Trustee(s) appointed for minor beneficiary(ies) (appointed administrator in Quebec) m I have attached a letter of direction with additional/alternate/irrevocable beneficiary instructions. Date Section 8 (LWA Income Streams for the Income Class) This section is mandatory for purchases into Income Class units, and must be completed in full to prevent the income stream selection from showing as Unknown. y No redemptions can be processed from the Income Class units if the income stream selection is incomplete. y For the Two-Life income stream, the Second Life must be the Annuitant s spouse. Section 9 (LWA Protection Service) Effective on or about January 1, 2011 y By removing this service, the client will no longer be prevented from redeeming more than their LWA entitlement. Redemptions of Income Class units above the annual LWA will negatively affect the GLWB benefits. Please ensure that the client is aware of any implications this might have. y This service cannot be removed if the LWA Income Stream is not specified (is Unknown ). Section 10 (Beneficiary Designation) y For Registered plans with Two-Life Income Stream option, the Annuitant s spouse must be the sole primary beneficiary for the guaranteed income benefit to continue uninterrupted after the Annuitant s death. m Automatic Withdrawal Plan - I (We) authorize CI to deposit the income payments directly to my (our) bank account as indicated on the Electronic Application. SW ESS SIG APP 9-10_E2 PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY Section 11 (Banking Authorization) y Mandatory! For non-registered policies, if the PAC payor is different than the policy owner, please complete the electronic third party determination section of the electronic Investment Fund Application. 3

6 Section 12 (Banking Information/Payment Plan Details) y For joint bank accounts requiring both signatures, the joint owners must sign this section. Section 13 (Automatic Withdrawal Plan (AWD) & RRIF/LIF/LRIF/PRIF/RLIF Plan Payment Details) y Income Class withdrawals in excess of the annual LWA, or for RIF-type plans the greater of the LWA or the Income Class minimum annual payment (LWA RRIF MAP), will have a negative impact on future LWA payments. Section 14 (Withholding Tax) y The withholding tax rate specified in this section will apply to your automatic withdrawal plan and any ad-hoc withdrawals. 12 Banking Information/ Payment Plan Details Please attach a void cheque, or complete financial information. For a joint bank account, all Depositors must sign if more than one signature is required on cheques issued against the account. 13 Automatic Withdrawal Plan (AWD) & RRIF/LIF/LRIF/ PRIF/RLIF Plan Payment Details Please review the AWD section in the front of this Application for assistance in completing this section. *Income Class withdrawals in excess of the annual LWA or the Income Class minimum annual payment (MAP), otherwise referred to as LWA RRIF MAP may have a negative impact on future LWA payments. Payments above the LWA that will result in an excess withdrawal will not be processed in the Income Class if the LWA Protection Service is on. Please see Section 9. Withdrawals Bank Account Owner(s) Name(s) Bank Address m Deposit directly to bank account (You will receive your payments in a more timely manner if you choose this option) Bank Name Bank Number Bank Transit Number Bank Account Number Deposits X Signature(s) required if Depositor(s) is (are) other than the Owner(s) indicated in Section 4 and/or 5. By signing you confirm the banking information provided in this Section and that you have read and agree to the PAC terms and conditions outlined at the front of this Application. RRIF/LIF/LRIF/PRIF/RLIF Payment Instructions (The payment date may be between the 1st and 25th of any month) m The minimum annual payment (MAP) requirements m The maximum annual gross amount (for LIF/LRIF/RLIF Plans only) m The annual LWA (for SunWise Essential Series contract holders only) m An annual amount of $ m Gross or m Net of fees* I elect the term of RRIF payments be based on m My age m Age of my spouse if younger Non-Registered AWD Plans m An annual amount of $ m Gross or m Net of fees* m The annual LWA (for SunWise Essential Series contract holders only) Payment Instructions (For all regularly scheduled payments) Payment Frequency (please select only one) m Monthly m Quarterly m Sem-Annually m Annually Fund Code (please provide spouse's date of birth) Payment Start Date Surrender Amount $ or % Note: For LIF and LRIF contracts, please attach the appropriate Spousal Consent/Waiver form. Please contact CI Segregated Funds Team at for a copy of these forms. 14 Withholding Tax Client specified withholding tax for RIF/LIF payments *To determine the rates available please visit our website. 15 LIF/LRIF/PRIF/RLIF Information Payment Method (please select only one) m Deposit directly to bank account m Mail to Owner(s) at address on file m Mail to Owner s alternate address (Indicate address below) Address City Province Postal Code Withholding Tax Rate % (if the rate specified is less than the legislated minimum rate the minimum rate will apply) If the rate elected is not supported by CI, CI will round down to the next available rate supported by CI. Federal and Provincial rates for Quebec are pre-determined by CI based on the rate inputted above*. SPOUSE: Do you have a spouse or pension partner within the meaning of the applicable pension legislation? m Yes m No Note: If you have a spouse or pension partner within the meaning of the applicable legislation, then the form noted at the end of this Application must be fully completed and accompany the Application. 16 Transaction Authorization I (We), the Applicant(s) of this Policy, authorize CI to act upon any written contribution, surrender or exchange request relating to this Policy. I (We) authorize Sun Life Financial Distributors (Canada) Inc., Sun Life Assurance Company of Canada and any of their agents to act upon any contribution, surrender or exchange request relating to this Policy that they receive orally or by telephone or by electronic means, if they reasonably believe that the request was made by me (us). SW ESS SIG APP 9-10_E2 PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 4 Sun Life Financial Advisor Administration Guide

7 17 Owner Acknowledgement/ Authorization All Owners, Annuitants and Second Life (if applicable) must read and sign this Section Please ensure all mandatory sections have been completed. 18 Representative's Acknowledgement All advisors must read and sign this Section I (We) declare that all statements and answers made by me (us) on this Application are fully complete and true. I (We) hereby acknowledge having read the provisions contained in the Sun Life Privacy Statement for Canada and CI Investments Privacy Statement for Canada, contained in this Application, and I (we) hereby agree to them and hereby authorize Sun Life Assurance Company of Canada and CI Investments to obtain, use, and transmit to its agents and service providers, personal information about me for the purpose of the administration of this Contract. I (We) request that all documents delivered to me (us) in connection with this Contract be written in English. Je (Nous) demande(ons) que tous les documents qui me (nous) sont remis avec ce contrat soient rédigés en langue anglaise. I (We) acknowledge receipt of the Client Complaint Information document (not applicable to residents of Quebec) and the relationship brochure entitled A Clear Connection: Our Relationship with You. I (We) acknowledge receipt of the Individual Variable Annuity Contract and Information Folder and the Fund Facts prior to signing the Application. I (We) have reviewed and confirmed the accuracy of the information recorded in the Electronic Application on the date as indicated below. I (We) certify that all information in the Electronic Application is full, complete and true, and may be relied upon as if on this signature form. I (We) agree to provide any further information which may be required in connection with the registration and administration of this Contract. By completing the Banking Authorization and/or Banking Information/Payment Plan Details section(s), I (we) declare that all persons whose signatures are required to authorize transactions in the bank account provided have read and agreed to the PAC terms and conditions as outlined at the front of this Application. Request for Registration (Must be completed for RSP, LIRA, Locked-In RSP, RLSP, LIF, LRIF, PRIF and RLIF Contracts) m Yes, Sun Life Assurance Company of Canada is requested to register the above policy as a Retirement Savings Plan under the Income Tax Act (Canada) and under any applicable provincial legislation. m Yes, Sun Life Assurance Company of Canada is requested to register the above policy as a Retirement Income Fund under the Income X Tax Act (Canada) and under any applicable provincial legislation. Owner's Signature X Joint Owner's Signature Annuitant's Signature (Only required if Annuitant is not the Owner) X Date Second Life's Signature (must be the spouse of the Annuitant) X Signed At (City and Province) I, the advisor, confirm that I have reviewed the details provided in this form with the Applicant/Owner(s) and to the best of my knowledge, unless otherwise noted, these details are full, complete and true. In regard to the purchase of a non-registered product, I the advisor, confirm that all of the identification details provided in this form match the original identification documents shown to me. I confirm that I have disclosed to the Owner(s) (a) the companies I represent, (b) that I will receive compensation in the form of commissions or salary for the sale of this product, (c) that I may also receive additional compensation in the form of bonuses or non-monetary benefits such as travel incentives or attendance at conferences, and (d) any conflict of interest I may have with respect to the sale of this product. Date Date Date Section 17 (Owner Acknowledgement/Authorization) y The Owner, Joint Owner, Annuitant and Second Life person (for policies with Income Class units with a Two-Life Income Stream) must sign and date this signature form. y The Signed At (City and Province) information is mandatory. Section 18 (Representative s Acknowledgement) y All advisors must read, sign and date this section. Reminders: For non-registered individual, including sole proprietor, policies, if answering yes to the third party or Politically Exposed Foreign Persons question on the electronic Investment Fund Application you must complete an E4105. For corporate, partnership, not for profit and non-corporate entity policies, the following is mandatory: y E4207 Certificate of incumbency y E4105 Identity verification, third party and politically exposed foreign persons (PEFP) form y Paper copies of all applicable corporate/entity documents. X Representative's Signature Date Complete the following if the Representative verifying identity is different from the Servicing Representative (applicable for non-registered plans only) X Representative's Name Dealer - Representative Number Date ANY AMOUNT THAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED AT THE RISK OF THE CONTRACT HOLDER AND MAY INCREASE OR DECREASE IN VALUE. SW ESS SIG APP 9-10_E2 PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 5

8 How to complete a SunWise Essential Series TFSA signature form All clients must complete the electronic Investment Fund Application and the electronic Signature Form in order to establish a contract. Important: Initial trades electronically placed into Income Class units will automatically show the Income Stream as Unknown until the SunWise Essential Series TFSA signature form is received indicating either One-Life or Two-Life Income Stream. It is recommended that you fax the SunWise Essential Series TFSA signature form the same day the trade is placed to ensure the income stream selection is updated. Document Centre fax: MANDATORY FIELDS: I. Dealer and Representative Information Section 2 II. Planholder Information Section 3 i. Name ii. Date of Birth iii. Social Insurance Number (SIN) III. Beneficiary Designation - Section 4 If the Two-Life Income Stream has been selected for registered contracts, this section is mandatory and the Annuitant s spouse must be the sole primary beneficiary. IV. LWA Income Streams for the Income Class Section 5 (mandatory if Income Class units are purchased) Please note: LWA payments cannot begin if an LWA Income Stream has not been selected or required information is incomplete. For the Two-Life Income Stream, the Annuitant s spouse must be the Second Life and the sole primary beneficiary. V. Planholder Acknowledgement/ Authorization Section 10 i. Planholder s Signature with date ii. Second Life s Signature with date (for Two-Life contracts) iii. Signed At (City and Province) VI. Representative s Acknowledgement Section 11 Important: Master Account functionality is currently not available to Sun Life Financial Advisors. Only the funds for the selected product type will be available in the Investment Direction section of the electronic Investment Fund Application. SunWise Essential Series Investment Class funds, SunWise Essential Series Estate Class funds and SunWise Essential Series Income Class (GLWB) funds cannot be commingled and must be invested in separate accounts. Reminder: The Planholder is required to be the Annuitant on TFSA plan types, as they are considered registered plans. Please refer to the section What you understand and agree to when you sign this Application on the SunWise Essential Series TFSA signature form for more details. 6 Sun Life Financial Advisor Administration Guide

9 SunWise Essential Series Individual Variable Annuity Contract Tax-Free Savings Account (TFSA) Signature Form Section 2 (Dealer and Representative Information) - Mandatory 1 Contract Number (if available) 2 Dealer and Representative Information SunWise Essential Series Contract Number Distributor s Account Number Sun Life Financial Distributors (Canada) Inc. Dealer's Name Representative's Name Dealer Number Representative Number Telephone Number Address Section 3 (Planholder Information) y The Planholder must be a Canadian resident in order to establish a contract. 3 Planholder Information The Planholder is required to be the Annuitant 4 Beneficiary Designation For Contracts signed in Quebec the designation of a spouse (married or civil union) as beneficiary is irrevocable unless the Planholder checks revocable here: m revocable For the Two-Life Income Stream option you must name your spouse as sole primary beneficiary. 5 LWA Income Streams for the Income Class (Mandatory) LWA payments cannot begin if a LWA Income Stream has not been selected. * Spouse has the meaning as defined by the Income Tax Act 6 LWA Protection Service Effective on or about January 1, 2011 Training Supervisor's signature (Quebec Only) X m Mr. m Mrs. m Miss m Ms. m Dr. Gender m Male m Female Planholders's Name (last, first, middle) Residence Telephone Number Date of Birth Primary Beneficiary Relationship to Share Contingent Beneficiary Relationship to Name(s) Annuitant (%) Name(s) (for the adjacent share) Annuitant LWA Income Stream: An LWA Income Stream must be elected at the time of the first deposit into the Income Class and may not be changed. m One-Life Income Stream m Two-Life Income Stream (for Two-Life Income Stream the second life must be the Annuitant s spouse* Spousal details must be provided below) Please complete the Spousal information below when electing the Two-Life Income Stream. Gender m Male m Female Name (last, first, middle) Date of Birth Social Insurance Number (SIN) Country of Residency CI will add the LWA Protection Service to ensure that withdrawals in your Income Class do not exceed your LWA. To remove this service please check here m Total 100% Name of Trustee(s) appointed for minor beneficiary(ies) (appointed administrator in Quebec) m I have attached a letter of direction with additional/alternate/irrevocable beneficiary instructions. Planholder's Address Social Insurance Number (SIN) SW ESS TFSA SIG APP 9-10_E2 PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY Section 4 (Beneficiary Designation) y For TFSA plans where the Two-Life Income Stream option has been selected, the Planholder s spouse must be the sole primary beneficiary for the guaranteed income benefit to continue uninterrupted after the Planholder s death. Please ensure the appropriate beneficiary designation is made for clients selecting the Two-Life Income Stream. Section 5 (LWA Income Streams for the Income Class) y This section is mandatory for purchases into Income Class units. Please ensure this section is completed in full to prevent the income stream selection from showing as Unknown. y LWA payments cannot begin if an LWA Income Stream has not been selected. Section 6 (LWA Protection Service) Effective on or about January 1, 2011 y By removing this service the client will no longer be prevented from redeeming more than their LWA entitlement. Redemptions of Income Class units above the LWA entitlement can negatively affect the GLWB benefits. Please ensure that the client is aware of any implications this might have. y This service cannot be removed if the LWA Income Stream is not specified (is Unknown ). 7

10 Section 7a (Banking Authorization) y Ensure a void cheque is attached to the signature form. Section 7b (Banking Information / Payment Plan Details) y For joint bank accounts requiring both signatures, the joint owners must sign in this section. Section 8 (Automatic Withdrawal Plan (AWD) Details) y Income Class withdrawals in excess of the annual LWA will have a negative impact on future LWA payments. 7a Banking Authorization Please attach a void cheque. 7b Banking Information/ Payment Plan Details Please attach a void cheque, or complete financial information. m Pre-Authorized Chequing Plan (PAC) - I authorize CI to make the withdrawals as indicated in the Electronic Application. I confirm that all persons whose signatures are required to authorize bank withdrawals have signed below. Funds withdrawn will be invested according to the Investment Direction in the Electronic Application. I understand that I may terminate this authorization by giving CI ten days written notice. X Signature(s) Date Signature(s) required on a joint bank account if all Depositors signatures are required on a cheque issued against the account. By signing you confirm the banking information provided in Section 7b and that you have read and agree to the PAC terms and conditions outlined at the front of this Application. m Automatic Withdrawal Plan - I authorize CI to deposit the income payments directly to my bank account as indicated on the Electronic Application. Withdrawals m Deposit directly to bank account (You will receive your payments in a more timely manner if you choose this option) Bank Account Owner(s) Name(s) Bank Name Bank Address Bank Number Bank Transit Number Bank Account Number Deposits X Signature(s) Signature(s) required on a joint bank account if all Depositors signatures are required on a cheque issued against the account. By signing you confirm the banking information provided in this Section and that you have read and agree to the PAC terms and conditions outlined at the front of this Application. 8 Automatic Withdrawal Plan (AWD) Details Please review the AWD section in the front of this Application for assistance in completing this section. *Income Class withdrawals in excess of the annual LWA may have a negative impact on future LWA payments. Payments above the LWA that will result in an excess withdrawal will not be processed in the Income Class if the LWA Protection Service is on. Please see Section 6. AWD/GMWB Amount (please select only one) m An annual amount of $ m Gross or m Net of fees* m The annual LWA (for SunWise Essential Series Planholders only) Payment Frequency (please select only one) m Monthly m Quarterly m Semi-Annually m Annually Payment Start Date Fund Code Payment Method (please select only one) Surrender Amount $ or % m Deposit directly to bank account m Mail to Planholder at address on file m Mail to alternate address (indicate address below) Address City Province Postal Code SW ESS TFSA SIG APP 9-10_E2 PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 8 Sun Life Financial Advisor Administration Guide

11 9 Transaction Authorization 10 Planholder Acknowledgement/ Authorization The Planholder and Second Life (if applicable) must read and sign this Section I, the Planholder of this Policy, authorize CI Investments Inc. to act upon any written contribution, surrender or exchange request relating to this Policy. I authorize Sun Life Financial Distributors (Canada) Inc., Sun Life Assurance Company of Canada and any of their agents to act upon any contribution, surrender or exchange request relating to this Policy that they receive orally or by telephone or by electronic means, if they reasonably believe that the request was made by me. I have requested that all documents be delivered to me in connection with this Contract be written in English. Je demande que tous les documents qui vous sont remis avec ce contrat soient rédigés en langue anglaise. I declare that all statements and answers made by me on this Application are fully complete and true. I acknowledge receipt of the Individual Variable Annuity Contract and Information Folder and the Fund Facts prior to signing the Application. I also hereby acknowledge receipt of the Client Complaint Information document (not applicable to residents of Quebec) and the relationship brochure entitled A Clear Connection: Our Relationship with You. I have reviewed and confirmed the accuracy of the information recorded in the Electronic Application on the date as indicated below. I certify that all information in the Electronic Application is full, complete and true, and may be relied upon as if on this signature form. I agree to provide any further information which may be required in connection with the registration and administration of this Contract. By completing the Banking Authorization and/or Banking Information/Payment Plan Details section(s), I declare that all persons whose signatures are required to authorize transactions in the bank account provided have read and agreed to the PAC terms and conditions as outlined at the front of this Application. Section 10 (Planholder Acknowledgement/ Authorization) y The Planholder and Second Life person (for policies with Income Class units with a Two-Life Income Stream) must sign and date this signature form. y The Signed At (City and Province) information is mandatory. Section 11 (Representative s Acknowledgement) y All advisors must read, sign and date this section. By signing this Application I request Sun Life Assurance Company of Canada to file an election with the Minister of National Revenue to register the qualifying arrangement as a TFSA under section of the Income Tax Act. Please ensure all mandatory sections have been completed. X Planholders's Signature Date Second Life's Signature (must be the spouse of the Annuitant) X Date Signed At (City and Province) 11 Representative's Acknowledgement All advisors must read and sign this Section I, the advisor, confirm that I have reviewed the details provided in this form with the Applicant/Policyholder and to the best of my knowledge, unless otherwise noted, these details are full, complete and true. I confirm that I have disclosed to the Planholder (a) the companies I represent, (b) that I will receive compensation in the form of commissions or salary for the sale of this product, (c) that I may also receive additional compensation in the form of bonuses or non-monetary benefits such as travel incentives or attendance at conferences, and (d) any conflict of interest I may have with respect to the sale of this product. X Representative's Signature Date ANY AMOUNT THAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED AT THE RISK OF THE CONTRACT HOLDER AND MAY INCREASE OR DECREASE IN VALUE. SW ESS TFSA SIG APP 9-10_E2 PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 9

12 y This form is to be used in conjunction with the SunWise Essential Series Application Form. y Ensure the minimum investment of $500,000 per contract and $100,000 per fund are met. y For existing SunWise Essential Series contracts, where the request is to switch existing units to SunWise Essential Series PMA, the PMA Enrolment Form must be completed, signed and attached to the switch* request. Original or fax signed copies are required. * Please see page 14 for How to make a standard switch. How to complete the SunWise Essential Series PMA Enrolment Form SunWise Essential Series Private Managed Assets Program How the PMA Management Fee and PMA Servicing Commission Fee Work Maintaining Your Contract Minimum SunWise Essential Series Private Managed Assets Program Enrolment Form To be used in conjunction with the SunWise Essential Series Application Form The SunWise Essential Series Private Managed Assets Program (PMA) has been designed to provide efficiency and flexibility for our high net worth investors. Contract Minimums: CDN $500,000 Fund Minimums: CDN $100,000 Subsequent Purchases: CDN $5,000 PACs: CDN $5,000 Annual PMA Servicing Commission: % negotiable between dealer, financial advisor and investor PMA Management Fees and PMA servicing commission fees are accrued daily and charged monthly by redeeming units from your Contract. (Please refer to Sections 2, 3 and 4 of this form and to the SunWise Essential Series Information Folder and Individual Variable Annuity Contract for more details on PMA Management Fees and PMA servicing commission fees.) If the book value of your Contract falls below $500,000 (the Contract minimum), a tax-free switch from SunWise Essential Series PMA units to SunWise Essential Series units of the same fund may occur. CI will contact your Distributor and/or Representative advisor before making the switch. Section 3 (PMA Servicing Commission Fee) y The PMA Servicing Commission fee defaults to zero unless otherwise specified. The negotiated service fee can be different for each fund. 1 Client Information Please attach a completed SunWise Essential Series Application Form. Owner: Mr. Mrs Miss Ms. Dr. Last Name Joint Owner: Mr. Mrs Miss Ms. Dr. First Name Last Name First Name 2 PMA Management Fees I (We) agree to pay the PMA Management Fee set out in the SunWise Essential Series Information Folder and Individual Variable Annuity Contract to CI Investments Inc. (the Manager ). The PMA Management Fee will be calculated automatically by the Manager, and will be paid by pro-rated redemption of my (our) units held in the Funds. The PMA Management Fee for each Fund will be applied to the aggregate daily net asset value of the PMA units in my (our) Contract at the end of each day, calculated daily and charged at the end of each month, plus applicable taxes. 3 PMA Servicing Commission Fee In consideration for the services of my (our) Distributor, I (we) agree to pay the PMA servicing commission fee set out below. The PMA servicing commission fee will be calculated automatically by the Manager, and will be paid by pro-rated redemption of my (our) units in the Funds. The PMA servicing commission fee will be applied to the aggregate daily net asset value of the PMA units in my (our) Contract at the end of each day, calculated daily and charged at the end of each month, plus applicable taxes. The PMA servicing commission fee payable on units purchased during a month will be pro-rated for such month. Fund Code PMA Servicing Fund Code PMA Servicing Fund Code PMA Servicing Commission Fee (0% - 1%) Commission Fee (0% - 1%) Commission Fee (0% - 1%) SW ESS PMA 9-10_E PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 10 Sun Life Financial Advisor Administration Guide

13 4 Authorization and Acknowledgement The undersigned hereby applies for units of the Fund(s) indicated on the attached SunWise Essential Series Application Form. I (We) authorize the Manager to redeem, on a monthly and/or quarterly basis, as required, units of the Funds held by me (us) in order to pay the PMA Management Fee indicated in Section 2 to CI Investments Inc. and to pay the PMA servicing commission fee indicated in Section 3 to the Distributor. I (We) acknowledge receipt of the current SunWise Essential Series Information Folder and Individual Variable Annuity Contract and understand that these transactions are made under the terms and conditions therein. I (We) acknowledge that I (we) am (are) responsible for all investment decisions involving the Fund(s). I (We) acknowledge that I (we) must maintain a minimum investment amount of $500,000 in my (our) account at all times. Lastly, I (we) am (are) aware of and assume responsibility for any tax consequences which may result from account transactions, including the payment of fees and the redemption of units of the Funds to cover fees. Section 4 (Authorization and Acknowledgement) y The Owner, Joint Owner and the advisor must sign and date this form. The Manager may refuse any Deposit according to our administrative policies in effect at the time we receive the Deposit, provided we make that decision by the end of the Valuation Date after the Valuation Date on which the Deposit would otherwise be processed. In addition, we have the right to refund any Deposit previously accepted within ten business days after receipt. I have requested this document to be drawn in the English language. J ai exigé que ce document soit rédigé en anglais. X Owner's Signature Date X Joint Owner's Signature Date X Representative's Signature Date When completed, please send the CI copy to: CI Investments Inc., Administration Office, CI Place, 151 Yonge Street, Eighth Floor, Toronto, Ontario, M5C 2W7 SW ESS PMA 9-10_E PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 11

14 Five Tips to successfully establish a SunWise Essential Series Contract holding Income Class Units To prevent delays in establishing accounts, please make sure that all fields marked mandatory are completed on the signature form. 1. Please review the income stream options carefully to ensure your clients have selected an option that is appropriate for their income needs. y The income stream options available are One-Life Income Stream or Two-Life Income Stream. y For One-Life Income Stream contracts, annual payments are guaranteed for the life of the Annuitant. y For Two-Life Income Stream contracts, annual payments are guaranteed for the life of both the Annuitant and their spouse. y The income stream must be selected when the contract is opened and cannot be changed. y If an income stream has not been selected, the income stream will be set to Unknown and no redemptions will be permitted from the Income Class units. y Guaranteed income payments can start as early as January 1 of the year in which the Annuitant (or the younger of the Annuitant or the Second Life for Two-Life Income Stream policies) turns 65 years of age. 2. When setting up an account electronically, ensure the signature form is sent in on the same day to avoid trade restrictions that apply to policies with an Unknown income stream. y Initial trades placed electronically into Income Class units will default to an Unknown income stream until the supporting paperwork is received, remember to fax the signature form immediately. y Sending in the signature form and all relevant documentation will also help ensure that client reporting documents (statements and confirmations) do not show an Unknown income stream. 3. When your clients are purchasing Income Class units with a Two-Life Income Stream, please ensure you are aware of the following: y For all registered contracts, the Annuitant s spouse must be the sole primary beneficiary. y For non-registered contracts, the contract must have joint Annuitants, where the two Annuitants are spouses. y Guaranteed income payments will always be based on the age of the younger spouse. 4. Switching from Deferred Sales Charge (DSC) units to Front End Load (or Initial Sales Charge, ISC) units. y DSC to ISC switches may negatively affect your client s death, maturity guarantees and GLWB values. This load type change will also affect the 5% Bonus eligibility for the Income Class units. The SunWise Essential Series DSC to ISC Change Request form must be completed in order to request this type of transaction. The client s signature is mandatory on this form. 5. LWA Protection Service y The LWA Protection Service will automatically apply to all policies where the income stream has not been selected. This service cannot be removed until the income stream is changed to either One-Life or Two-Life. 12 Sun Life Financial Advisor Administration Guide

15 How to complete subsequent transactions on a SunWise Essential Series Contract How to make subsequent deposits. If Transaction Authorization (TA) is on file, y Complete the purchase using the electronic Investment Fund Application. If no Transaction Authorization (TA) is on file, y Complete and have the client sign an Order ticket (4106-E). This form is only available on the online ordering system. y If the transaction has a negotiated front-end load, complete the special instructions section indicating the source of funds and percentage negotiated. IMPORTANT! To improve client service and process trades faster, consider TA. Without it, your paper request will be processed once we receive a client-signed Order ticket. A client signature is required for every transaction. How to make a withdrawal. If Transaction Authorization (TA) is on file, y Complete the redemption using the electronic Investment Fund Application. If no Transaction Authorization (TA) is on file, y Complete and have the client sign an Order ticket (4106-E). This form is only available on the online ordering system. Important: Early withdrawals before the LWA Eligibility Date (January 1st of the year the younger of the Annuitant or Second Life turns age 65) as well as withdrawals in excess of the annual Lifetime Withdrawal Amount (LWA) may have a negative impact on future guaranteed payments under the Guaranteed Lifetime Withdrawal Benefit (GLWB). Any withdrawal from the GLWB will remove the client s entitlement for a 5% Bonus at the end of that calendar year. It is recommended that advisors should check the LWA details on eciss before completing withdrawals to avoid excess withdrawals. Note: Cheques, electronic funds transfer (EFT) and automatic withdrawal (AWD) payments can only be made payable to the client. Alternate payee instructions will not be accepted. Important: Income Class unit withdrawals are not permitted if the LWA Income Stream has not been selected. 13

16 How to make a standard fund switch (FEL to FEL or DSC to DSC). If Transaction Authorization (TA) is on file, y Complete the fund switch using the electronic Investment Fund Application. If no Transaction Authorization (TA) is on file, y Complete and have the client sign an Order ticket (4106-E). This form is only available on the online ordering system. Note: For a SunWise Essential Series contract, a DSC, DSC free or DSC matured unit switch to FEL fund(s) cannot be completed using the electronic Investment Fund Application. This type of transaction can only be completed using the SunWise Essential Series DSC to ISC Change Request form available at 14 Sun Life Financial Advisor Administration Guide

17 How to request a reclassification of units between Classes y y Complete and have the client sign the SunWise Essential Series Fund Transfers and Reclassifications Order Ticket available at Client signature is mandatory regardless of whether Transaction Authorization (TA) is on file. This form cannot be used to reclassify multiple SunWise Essential Series contracts. Forms instructing to reclassify multiple contracts will be returned to you unprocessed. Only use one form per contract. Send completed forms either by fax or to the Document Centre, 300B25. Section 1 (Contract Number) y Please ensure that the contract number is provided. Section 2 (Owner Information) y Please ensure to provide the Owner s information. SunWise Essential Series Fund Transfers and Reclassifications Order Ticket Complete this form to transfer between Funds of the same Class or to reclassify Units 1 Contract Number SunWise Essential Series Contract Number Distributor s Account Number 2 Owner Information Owner's Name (last, first, middle) Joint Owner's Name (last, first, middle) 3 Fund Transfers (Switches) Switch out Switch in If direction is being provided for a reclassification, please complete the reclassification section below. Fund Code $ % Units Fund Code $ % Units For transfers from DSC to ISC please complete the SunWise Essential Series DSC to ISC Change Request Form. Systematic Plan default for Transfers Full Transfer (fund level) Partial Transfer (fund level) Please select one of the following three options to modify the systematic plan default above: Continue existing systematic plan on the current fund(s) Stop systematic plan Change of systematic plan instructions provided on letter of direction attached PAC / AWD / IFE Stops all systematic plans Continues on existing fund Change Fee % (up to 2%) Change fees are not permitted on Income Class Units 4 Systematic Transfer Plans If you would like to have your fund transfer occur systematically please complete this section. Frequency Weekly Bi-weekly (every two weeks) Quarterly Annually Monthly Bi-monthly (every two months) Semi-Annually Start Date SW ESS SWITCH TK9-10_E 15

18 Section 5 (Reclassifications) y Complete the From and To selections. y Complete the Fund Instruction in the chart provided. Section 6 (Income Class Details) y This section is mandatory for firsttime purchases into Income Class units. Please ensure all details are provided. y LWA payments cannot begin if an LWA Income Stream has not been selected. 5 Reclassifications Full reclassification Reclassifying from: Investment Class Estate Class Income Class Partial reclassification $ A M O U N T g Reclassifying to: Investment Class Estate Class Income Class (complete Section 6 if Income Class does not currently exist within your contract) Note: - Reclassifications out of Investment Class will be processed at market value affecting your Death Benefit Base and Contract Maturity base. - Reclassifications out of Estate Class will carry over your Death Benefit Base and Contract Maturity base. If you reclassify to Investment Class the death benefit reduces to 75%. - Reclassifications out of Income Class will be treated as LWA payments for the purpose of the GLWB. The Death Benefit Base and Contract Maturity base will carry over. If you reclassify to Investment Class the death benefit reduces to 75%. Fund Instruction for Reclassifications Reclassifying from SunWise Essential Series Contract Number Reclassifying to Fund Code $ % Units Fund Code $ % Units Systematic Plan default for Reclassifications Full Reclassification (fund level) Partial Reclassification (fund level) PAC / AWD / IFE Stops all systematic plans Continues on existing fund Please select one of the following three options to modify the systematic plan default above: Continue existing systematic plan on the current fund(s) Stop systematic plan Change of systematic plan instructions provided on letter of direction attached Change Fee % (up to 2%) Change fees are not permitted on Income Class Units 6 Income Class Details Complete this section when the units being reclassified are the first units purchased into Income Class. *Spouse has the meaning as defined in the Income Tax Act. The spouse must sign in the Owner Authorization Section of this form. LWA Income Stream: An LWA Income Stream must be elected at the time of the first deposit into the Income Class and may not be changed. One-Life Income Stream (for Non-Registered Joint Annuitant Contracts please specify below the name of the Annuitant whose age will be used in determining income stream payments.) Two-Life Income Stream (for Two-Life Income Stream the Second Life must be the Annuitant s spouse* and the Joint Annuitant on a Non-Registered Contract. For Registered Contracts, spousal details must be provided below) Please complete the information below for Non-Registered Joint Annuitant Contracts electing the One-Life Income Stream or for Registered Contracts electing the Two-Life Income Stream. Gender Male Female Name (last, first, middle) Date of Birth Social Insurance Number (SIN) Country of Residency SW ESS SWITCH TK9-10_E 16 Sun Life Financial Advisor Administration Guide

19 7 Beneficiary Change Request *Relationship of the beneficiary is to the Annuitant in all provinces excluding Quebec. In Quebec, the relationship is to the Owner. For Contracts signed in Quebec the designation of a spouse (married or civil union) as beneficiary is irrevocable unless the Owner checks revocable here: revocable For the Two-Life Income Stream option on Registered Plans, you must name your spouse as sole primary beneficiary. If someone other than the spouse is named beneficiary this will result in cancellation of the LWA payments upon the death of the Owner/Annuitant. Primary Beneficiary Name(s) Relationship * Share Contingent Beneficiary Name(s) Relationship* (%) (for the adjacent share) Total 100% If the beneficiary(ies) predecease(s) the Annuitant, or if applicable, the last surviving Annuitant in the case of joint Annuitants, a contingent beneficiary for that beneficiary s share, if still alive at the death of the Annuitant, shall receive that beneficiary s share of the death benefit. If no contingent beneficiary for that share is named or is alive at that time, that share shall be payable to the Owner or if the Owner was the Annuitant, to the estate of the deceased Owner. SunWise Essential Series Contract Number Section 8 (LWA Protection Service) Effective on or about January 1, 2011 y By removing this service the client will no longer be prevented from redeeming more than their LWA entitlement. Redemptions of Income Class units above the LWA entitlement can negatively affect the GLWB benefits. Please ensure that the client is aware of any implications this might have. y This service cannot be removed if the LWA Income Stream is not specified (is Unknown ). 8 LWA Protection Service Effective on or about January 1, Owner Authorization (Mandatory) *required when establishing your first deposit into Income Class Units on a Registered Plan. The Second Life must be the spouse of the annuitant **Limited Trading Authorization dated September 2010 or later on file (Not applicable for Sun Life Financial Advisors) CI will add the LWA Protection Service to ensure that withdrawals in your Income Class do not exceed your LWA. To remove this service please check here Your signature below confirms that you understand: - all possible effects that the requested transaction will have to your contract - that one or more of the transactions you have requested on this form may have a negative impact to your Maturity Benefit, Death Benefits and GLWB - for the Income Class, units reclassified out will be considered an Early Withdrawal if made prior to age 65 and as an LWA payment reducing your entitlement for the year if made after age 65. Any amount above the LWA entitlement will be considered an Excess Withdrawal. The 5% Bonus is only available in a calendar year if no LWA payments are taken. - for switches, transfers and reclassifications: I/We hereby authorize CI Investments to buy/sell and or transfer units out of my/our Contracts in accordance with the instructions set out above. Section 9 (Owner Authorization) y Mandatory or reclassification requests, Owner and Joint Owner must sign and date this form. Note: If a Second Life has been provided, the Second Life must also sign the reclassification form. X Owner's Signature X Joint Owner's Signature Irrevocable Beneficiary's Signature (if applicable) Date Date Section 10 (Representative Authorization) y Mandatory Advisor must sign and date this form. Second Life's Signature* Authorized Representative's Signature (as per Limited Trading Authorization if applicable)** 10 Representative Authorization (Mandatory) To be completed by representative. Your signature below confirms you: - have received instructions from your client and direct us to act on the transaction requested and that you have disclosed the possible effects of the trade to the client. - understand where a client disputes a transaction, all market risk or cost of a trade reversal will be the responsibility of the representative where client signature has not been obtained. Representative's Name Dealer and Representative Number X Representative's Signature Date SW ESS SWITCH TK9-10_E 17

20 Important to note: y A DSC to ISC transaction may negatively affect the Contract Maturity and Death Benefits, as well as the GLWB benefit as follows: y For the Death and Contract Maturity Benefits, the switchout part of the transaction will proportionately reduce Contract Maturity and Death Benefits as if it were a redemption from the account. y For the GLWB, the switch-out part of the transaction will be considered an LWA payment reducing the entitlement for the year. Any amount above the LWA entitlement will be considered either an Early Withdrawal or Excess Withdrawal. This transaction will also affect the 5% Bonus eligibility. How to change from the DSC-load option to the ISC (FEL)-load option Use the SunWise Essential Series DSC to ISC Change Request Form 1 Contract Details 2 DSC to ISC Change Details *Age restrictions apply to the Funds being switched into. Please refer to Deposit restrictions within the SunWise Essential Series Information Folder and Individual Variable Annuity Contract for further details. SunWise Essential Series DSC to ISC Change Request Form Use this form to switch Fund units from DSC to ISC SunWise Essential Series Contract Number Distributor s Account Number Name of Contract Owner(s) (first, middle, last) Please ensure that reclassification instructions are not provided on this form. To reclassify units (from one Class to another) please ensure to use the SunWise Essential Series Fund Transfers and Reclassifications Order Ticket. Free Unit DSC to ISC Change Requests (please select all that apply) Change all Free Units to the same ISC Fund Change all Mature Units to the same ISC Fund Change all Free Units to different Fund(s) as indicated below Change all Mature Units to different Fund(s) as indicated below For alternative DSC to ISC Changes please complete below: Switch Out Switch In* Fund Code $,% or Units Fund Code $,% or units Initial Sales Charge (If applic.) Section 1 (Contract Details) y Please ensure that the contract number and contract Owner s name are provided. Section 2 (DSC to ISC Change Details) y For DSC to ISC switch requests where the fund instructions are changing, please ensure to provide both the source fund(s) and the target fund(s). Section 3 (Owner Authorization) y Mandatory Owner and Joint Owner must sign and date this form. 3 Owner Authorization (Mandatory) 4 Representative Authorization PAC/AWD Default: CI will move the PAC/AWD to the new Fund on a full Fund change into a single Fund and continue on the current Fund for partials. Please select one of the following three options should you wish for something different than the default. Continue existing PAC/AWD plan on the current Fund Stop PAC/AWD plan Change of PAC instructions provided on LOD attached Change Fee % (up to 2%) Change fees are not permitted on Income Class Units You understand the following when signing this form: A DSC to ISC transaction may negatively affect your Maturity and Death Benefits. The switch out part of the transaction will proportionately reduce your Maturity and Death Benefits as if it were a Redemption from your account. For the Income Class, the switch out part of the transaction will be considered an Early Withdrawal if made prior to age 65 and as an LWA payment reducing your entitlement for the year if made after age 65. Any amount above the LWA entitlement will be considered an Excess Withdrawal. The 5% Bonus is only available in a calendar year if no LWA payments are taken. DSC redemption fees may apply for the switch out part of this transaction and a new sales charge may apply on the switch in. The switch out part of the transaction may result in a capital gain or a capital loss since it creates a taxable disposition. (Non-registered contracts only) Your signature below confirms your direction to us to act on the transaction requested above. Your signature also confirms that you have read, understood and agree to accept the above listed possible effects of the switch out and switch in transactions. X Owner's Signature X Joint Owner's Signature Irrevocable Beneficiary Signature (if applicable) Date Your signature below confirms you have disclosed the possible effects of the DSC to ISC switch to the client. Date Section 4 (Representative Authorization) y Mandatory Advisor must sign and date this form. To be completed by the representative X Representative's Name X Representative's Signature Dealer & Rep Code. Date DSC-ISC CRF 9-10_E 18 Sun Life Financial Advisor Administration Guide