Universal Life is an insurance product provided and underwritten by Manulife (International) Limited (incorporated in Bermuda with limited liability). The above provides only general information on this product for your reference only. Please download the product leaflet now or ask your Insurance/Financial Advisor for a copy which will give you more details about this product including the ‘Important Information’ showing the product risks.

1. - Level death benefit option: where the death benefit equals the greater of notional amount or account value, less the policy loan
   - Increasing death benefit option: where the death benefit equals the notional amount plus the account value, less the policy loan.
2. All Withdrawals are subject to the minimum and maximum requirements set out by us regarding the Withdrawal amounts, Net Cash Surrender Value and notional amount.
3. Subject to additional terms and conditions. Both the number of policy years and the prevailing crediting interest rate lock will be declared by us at the time the policy is issued.