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1 1. Plan Basic Information Plan Name English Vista 2 Vista 3 (post Year 2005) Elite International Bond International Wealth Account Chinese 豐盛人生 退休福利計劃 豐盛人生 卓越精英 國際投資計劃 國際創富 計劃 Plan Type - Regular savings plan - contractual Regular savings plan - contractual Lump sum plan Lump sum plan Principal - Zurich International Life Zurich International Life Zurich International Life Zurich International Life Jurisdiction / Registration - Isle of Man Isle of Man Isle of Man Isle of Man Country of Residence / Nationality (must sign in Hong Kong) - 1. Zurich does not accept bussiness with client resident in Argentina, Australia, Brunei, Cambodia, Fiji, India, Indonesia, Japan, Laos, Macau, Malaysia, Myanmar (Burma), New Zealand, Pakistan, Papua New Guinea, Philippines, South Korea, Spain, Thailand, the US, UK, Singapore, Taiwan, United Arab Emirates or Vietnam. 2. Zurich does not accept business with the client having Japanese, Nigerian, Russian or US nationality, subject to the followings: - Nigerian and Russian nationals may be accepted if they are resident in a territory in which ZILL is licensed, or the EU; and are employed by a major international company, governmental or supranational organisation. 1. Zurich does not accept bussiness with client resident in Argentina, Australia, Brunei, Cambodia, Fiji, India, Indonesia, Japan, Laos, Macau, Malaysia, Myanmar (Burma), New Zealand, Pakistan, Papua New Guinea, Philippines, South Korea, Spain, Thailand, the US, UK, Singapore, Taiwan, United Arab Emirates or Vietnam. 2. Zurich does not accept business with the client having Japanese, Nigerian, Russian or US nationality, subject to the followings: - Nigerian and Russian nationals may be accepted if they are resident in a territory in which ZILL is licensed, or the EU; and are employed by a major international company, governmental or supranational organisation. 1. Zurich does not accept bussiness with client resident in Argentina, Australia, Brunei, Cambodia, Fiji, India, Indonesia, Japan, Laos, Macau, Malaysia, Myanmar (Burma), New Zealand, Pakistan, Papua New Guinea, Philippines, South Korea, Spain, Thailand, the US, UK, Singapore, Taiwan, United Arab Emirates or Vietnam. 2. Zurich does not accept business with the client having Japanese, Nigerian, Russian or US nationality, subject to the followings: - Nigerian and Russian nationals may be accepted if they are resident in a territory in which ZILL is licensed, or the EU; and are employed by a major international company, governmental or supranational organisation. 1. Zurich does not accept bussiness with client resident in Argentina, Australia, Brunei, Cambodia, Fiji, India, Indonesia, Japan, Laos, Macau, Malaysia, Myanmar (Burma), New Zealand, Pakistan, Papua New Guinea, Philippines, South Korea, Spain, Thailand, the US, UK, Singapore, Taiwan, United Arab Emirates or Vietnam. 2. Zurich does not accept business with the client having Japanese, Nigerian, Russian or US nationality, subject to the followings: - Nigerian and Russian nationals may be accepted if they are resident in a territory in which ZILL is licensed, or the EU; and are employed by a major international company, governmental or supranational organisation. Product Launch Date - Close to new business as of 31 December 2004; However, still open to top up business 8 December 2004 March 1996 July Contract Parties Definition of Age - Last birthday Last birthday Last birthday Last birthday Policyowner (P/H) Acceptable Type No of Policyowner 1 to 2 1 to 2 1 to 2 1 to 2 Entry Age 18 or above 18 or above 18 or above 18 or above Alteration of Policyowner (P/H) Yes - any time through assignment; always a maximum of 2 Yes - any time through assignment; always a maximum of 2 Yes - any time through assignment; always a maximum of 2 Yes - any time through assignment; always a maximum of 2 policyownwers at any one time; Partial policyownwers at any one time; Partial policyownwers at any one time; Partial policyownwers at any one time; Partial assignment is not permitted - multiple assignment is not permitted - multiple assignment is not permitted - multiple assignment is not permitted, - ownership operates on a joint tenancy ownership operates on a joint tenancy ownership operates on a joint tenancy multiple ownership operates on a joint basis, rather than e.g. each owner having 50% of the policy basis, rather than e.g. each owner having 50% of the policy basis, rather than e.g. each owner having 50% of the policy tenancy basis, rather than e.g. each owner having 50% of the policy Should the Policyowners be Dead During Policy Term Upon the death of one of the policyownwers, policy will be reverted to surviving policyowner (i.e. joint tenancy); Or, if both are dead, then by the estate of the last-death policyowner Life Insured Acceptable Type Single life (1) Single life; (2) Joint lives Insurable Interest Whilst there is no insurable interest under IOM law, the policyowner must demonstrate an insurable interest in the life insured to at least the value of the sum insured No of Life Insured 1 (life insured and policyowner can be different person at entry) Upon the death of one of the policyownwers, policy will be reverted to surviving policyowner (i.e. joint tenancy); Or, if both are dead, then by the estate of the last-death policyowner Whilst there is no insurable interest under IOM law, the policyowner must demonstrate an insurable interest in the life insured to at least the value of the sum insured. 1 to 2 (life insured and policyowner can be different person at entry) Upon the death of one of the policyownwers, policy will be reverted to surviving policyowner (i.e. joint tenancy); Or, if both are dead, then by the estate of the last-death policyowner (1) Single life; (2) Joint lives Whilst there is no insurable interest under IOM law, we prefer there to be a valid relationship between the policyowners and lives insured, but due to the relatively low sum insured available, we do not enforce this. 1 to 5 (life insured and policyowner can be different person at entry) Upon the death of one of the policyownwers, policy will be reverted to surviving policyowner (i.e. joint tenancy); Or, if both are dead, then by the estate of the last-death policyowner (1) Single life; (2) Joint lives Whilst there is no insurable interest under IOM law, we prefer there to be a valid relationship between the policyowners and lives insured, but due to the relatively low sum insured available, we do not enforce this. 1 to 5 (life insured and policyowner can be different person at entry) Entry Age 17 to to 74 2 or above 2 or above Alteration of Life Insured No - life insured cannot be altered after inception No - life insured cannot be altered after inception No - life insured cannot be altered after inception No - life insured cannot be altered after inception Should the Life Insured be Dead During Policy Term Benefit will be paid out to the beneficiary(ies) upon the death of the life insured Benefit will be paid out to the beneficiary(ies) upon the death of the first life insured Death Benefit Coverage 100% of policy value (unit held x selling price) unless additional benefits have been selected 100% of policy value (unit held x selling price) unless additional benefits have been selected Benefit will be paid out on the death of the last life insured; Nothing will be paid out when the first life insured dies on a multiple-life case 101% of surrender value on date of satisfactory notification of death; [((unit held x selling price) - surrender penalty) x 101%] -> converted to payment currency Basis for Joint Lives First death Last death Last death Beneficiaries Acceptable Type Insurable Interest for beneficiaries Benefit will be paid out on the death of the last life insured; Nothing will be paid out when the first life insured dies on a multiple-life case 101% of surrender value on date of satisfactory notification of death; [((unit held x selling price) - surrender penalty) x 101%] -> converted to payment currency There is no insurable interest required for beneficiaries There is no insurable interest required There is no insurable interest required There is no insurable interest required for beneficiaries for beneficiaries No of Beneficiaries Any Any Any Any Alteration of Yes - any time by policyowner Yes - any time by policyowner Yes - any time by policyowner Yes - any time by policyowner Beneficiaries Zurich Vista EIB IWA Page 1 of 10 7/2/2010

2 Clustering initially only 100 initially only 3. Currency Policy Currency Option HKD / USD / GBP / EUR / JPY / CHF HKD / USD / GBP / EUR / JPY / CHF / AUD / SEK / SGD HKD / USD / GBP / EUR / JPY / CHF HKD / USD / GBP / EUR / JPY / CHF / SGD Alteration of Policy Currency Yes - any time by written request; No charges,no specific form. Note that changing policy currency will change premiums, benefits, charges, commission - but NOT selected investments Premium Currency Option Premium currency will be the same as policy currency; but premium can still be paid by other currecies, subject to prevailing exchange rate Yes - any time by written request; No charges,no specific form. Note that changing policy currency will change premiums, benefits, charges, commission - but NOT selected investments Premium currency will be the same as policy currency; but premium can still be paid by other currecies, subject to prevailing exchange rate Premium currency will be the same as policy currency; but additional premiums are set up as new policies and can therefore be available in any acceptable currency Premium currency will be the same as plan currency; but premium can still be paid by other currencies, subject to prevailing exchange rate Alteration of Yes - any time Yes - any time Premium Currency If policy currency is changed, currency If policy currency is changed, currency of premiums, benefits and charges will all change. of premiums, benefits and charges will all change. Benefit Currency - In policy currency only In policy currency only Benefit currency is not relevant as there can be no additional benefits. Benefit payment can be in any prevailing currency. Benefit currency is not relevant as there can be no additional benefits. Benefit payment can be in any prevailing currency. Exchange Rate for premium payment Basis USD1: HKD7.8 (current fixed rate); Others - Floating rate which will be available on request on a case by case basis USD1: HKD7.8 (current fixed rate); Others - Floating rate which will be available on request on a case by case basis USD1: HKD7.8 (current fixed rate); Others - Floating rate which will be available on request on a case by case basis USD : HKD USD : GBP Floating rate Floating rate Floating rate Floating rate USD : EUR Floating rate Floating rate Floating rate Floating rate USD: JPY Floating rate Floating rate Floating rate Floating rate 4. Terms (For Regular Saving Plans Only) Policy Term (Year) Minimum 3 5 Maximum Maximum retirement age of minus entry age of oldest life insured (i.e. policy cannot be extended beyond the oldest life insured's 80th birthday) Alteration of Policy Term Yes - at any time prior to the selected retirement age; Note that change of term on Vista 2 will lead to an adjustment being made to the number of initial units to reflect the new term; The surrender value of the policy will remain unchanged No USD1: HKD7.8 (current fixed rate); Others - Floating rate which will be available on request on a case by case basis Initial Contribution Period (ICP) Availability Yes - varies by policy term Yes - 18 months policy term = 3 21 months policy term = 4 21 months policy term = 5 21 months 18 months policy term = 6 21 months 18 months policy term = 7 22 months 18 months policy term = 8 23 months 18 months policy term = 9 24 months 18 months policy term = 10 policy term = 11 policy term = 12 policy term = 13 policy term = 14 policy term = 15 policy term = 16 policy term = 17 policy term = 18 policy term = 19 policy term = 20 policy term = 21 policy term = months 18 months 25 months 18 months 26 months 18 months 27 months 18 months 28 months 18 months 30 months 18 months 31 months 18 months 32 months 18 months 34 months 18 months 35 months 18 months 36 months 18 months 36 months 18 months 36 months 18 months Zurich Vista EIB IWA Page 2 of 10 7/2/2010

3 policy term = months 18 months policy term = months 18 months policy term = months 18 months policy term = months 18 months policy term = months 18 months policy term = months 18 months policy term = months 18 months policy term = months 18 months 5. Allocation & Bonus Premium Allocation Regular Premium 100% 100% Initial Lump Sum 93% (after 7% Allocation charge) 93% (after 7% Allocation charge) 100% 100% Lump Sum Top-up 93% (after 7% Allocation charge) 93% (after 7% Allocation charge) 100% 100% Bonus Allocation Regular Premium Payable as initial units every month for the first year if monthly premium > = HKD10,000 / USD1,250 Payable as initial units every month for the first year if monthly premium > = HKD5,600 / USD 750 Initial Lump sum / Lump Sum Top-up Calculations Bonus Level 1 Bonus Level 2 First-year premium x bonus rate x policy term (subject to max policy term of 30 ) Vista Silver: Monthly premium (HKD10,000-14,999 / USD1,250-1,999) x 1.5% x policy term Vista Gold: Monthly premium (HKD15,000 / USD2,000 or above) x 2.5% x policy term First-year premium x bonus rate x policy term (subject to max policy term of 25 ) Vista Bronze: Monthly premium (HKD5,600-9,999 / USD750-1,249) x 0.5% x policy term Vista Silver: Monthly premium (HKD10,000-14,999 / USD1,250-1,999) x 1.5% x policy term Bonus Level 3 Vista Gold: Monthly premium (HKD15,000 / USD2,000 or above) x 2.5% x policy term Bonus Level 4 Bonus Level 5 Bonus Level 6 bonus Level 7 Multiplier of Monthly Premium (1) Quarterly = monthly premium x 3; (2) Half-yearly = monthly premium x 6; (3) Yearly = monthly premium x 10; Should client pay premium on yearly basis, he / she can enjoy bonus with lower actual premium paid, say HKD100,000 (annual premium) for Vista Silver; Should client change the payment frequency from yearly to monthly after the first anniversary with HKD100,000 / 12 per month, the Vista Silver bonus will not be affected (1) Quarterly = monthly premium x 3; (2) Half-yearly = monthly premium x 6; (3) Yearly = monthly premium x 10; Should client pay premium on yearly basis, he / she can enjoy bonus with lower actual premium paid, say HKD56,000 (annual premium) for Vista Bronze; Should client change the payment frequency from yearly to monthly after the first anniversary with HKD56,000/ 12 per month, the Vista Bronze bonus paid will not be affected Bonus Claw Back 24 months 18 months Period Remarks Impact to Bonus Allocation in Case of Premium Adjustment Increment Bonus allocation will only be awarded if the increment is >/ = HKD10,000 p.m. or HKD15,000 p.m. for 1.5% and 2.5% bonus rate respectively (i.e. Bonus = Increment x Bonus rate x Remaining term x 12) Bonus allocation will be awarded on the increment should the total regular premium hit the relevant bonus level for the remaining term (round down) (i.e. Bonus = Increment x Bonus rate x Remaining term x 12) Decrement Bonus rate is calculated based on total of all premiums Within first 24 months from inception Within first 18 months from inception or top up start date, bonus allocation or top up start date, bonus allocation will be reclaimed in whole; Should the will be reclaimed in whole; Any ICP be shorter than 24 months, say increment after a decrement will 21 months for 5-year term, bonus will receive the appropriate bonus at that also be reclaimed should decrement time for the term remaining; Any be made within first 24 months from previously reclaimed bonus will not be inception or top up start date repaid Zurich Vista EIB IWA Page 3 of 10 7/2/2010

4 Stop Regular Premium Within first 24 months from inception or top up start date, bonus allocation will be recalimed in whole; Should the ICP be shorter than 24 months, say 21 months for 5-year term, bonus will also be reclaimed should decrement be made within first 24 months from inception or top up start date Within first 18 months from inception or top up start date, bonus allocation will be reclaimed in whole; If client restarts from suspension within 6 months, bonus reclaimed will be repaid Loyalty Bonus - Currently 0.5% of account value will be credited by allocating units to the policy on the 5th policy anniversary and each policy anniversary thereafter; The bonus is not guaranteed and may be changed for any given anniversary 6. Premium Premium Options - (1) Increment; (2) Decrement; (3) Lump sum top-up; (4) Escalation of regular premium (1) Increment; (2) Decrement; (3) Lump sum top-up; (4) Escalation of regular premium (1) Lump sum; (2) Lump sum top-up (regarded as new policy with new policy number, new application to be completed) (1) Lump sum; (2) Lump sum top-up Regular Premium Payment frequency (1) Monthly; (2) Quarterly; (3) Half-yearly; (4) Yearly Alteration of Payment Frequency Yes - at premium payment date (based on frequency or next premium due date); Request for change of payment frequency must be submitted min. 2 months before the next premium payment date for the change to take effect (1) Monthly; (2) Quarterly; (3) Half-yearly; (4) Yearly Yes - at premium payment date (based on frequency or next premium due date); Request for change of payment frequency must be submitted min. 2 months before the next premium payment date for the change to take effect Minimum Regular Yearly HKD12,000 / USD1,500 HKD24,000 / USD3,000 Premium Half-yearly HKD7,200 / USD900 HKD14,400 / USD1,800 Quarterly HKD4,400 / USD550 HKD7,200 / USD900 Monthly HKD1,600 / USD200 HKD2,400 / USD300 Remarks Lump Sum Premium Availability Yes - any time Yes - any time Yes - any time (additional policies will be issued for subsequent investments; For additional policies, life insured and policyowner must be the same while the beneficiary can be different) Yes - any time Increment (i.e. increase regular premium) Minimum Initial lump sum Minimum Lump sum top-up HK80,000 / USD10,000 HKD96,000 / USD12,000 HKD120,000 / USD15,000 / GBP10,000 / EUR15,000 / JPY1,500,000 / CHF25,000 SEK150,000 / SGD24,000 HKD32,000 / USD4,000 HKD48,000 / USD6,000 HKD48,000 / USD6,000 / GBP4,000 / EUR6,000 / JPY600,000 / CHF10,000 / SEK60,000 / SGD9,600 - Yes - any time. A new slice of ICP will be applied on the date of increase; Thereis no restrictions on increment before maturity unless investing in GAF, in which case increment or single top-up could not be made should the remaining term be less than 5. Yes - any time. A new slice of ICP will be applied on the date of increase; Thereis no restrictions on increment before maturity unless investing in GAF, in which case increment or single top-up could not be made should the remaining term be less than 5. Minimum Increment Yearly HKD1,200 / USD150 HKD2,400 / USD300 Escalation (i.e. automatically increase regular premium at a predetermined rate) Half-yearly HKD720 / USD90 HKD1,440 / USD180 Quarterly HKD440 / USD55 HKD720 / USD90 Monthly HKD160 / USD20 HKD240 / USD30 Rate of increase 5% or 10% p.a. compound (a new slice of ICP will be applied on the date of each increase) 2.5% or 5% p.a. compound (a new slice of ICP will be applied on the date of increase) HKD500,000 / USD60,000 / GBP40,000 / EUR60,000 / JPY8,000,000 / CHF100,000 / SGD24,000 / AUD100,000 HKD60,000 / USD7,500 / GBP5,000 / EUR7,500 / JPY1,000,000 / CHF12,500 / SGD12,5000 / AUD12,500 Decrement (i.e. decrease regular premium) Availability Yes - any time Yes - any time Within ICP No lower than the minimum regular premium according to the relevant policy term and frequency Within first ICP (the first 18 months) of the policy: cancel units created by the decreased; 19th month onwards: no change applied to units purchased. Bonus will be reclaimed if premiums stop or reduce within 18 months. A replacement bonus may be applied if the reduced level is still within a bonus band Zurich Vista EIB IWA Page 4 of 10 7/2/2010

5 After ICP No lower than the minimum regular premium according to the relevant policy term and frequency No lower than the minimum regular premium (i.e. HKD2,400 / USD300) Non-payment of Regular Premium Without Notice Resume Premium after Decrement Grace Period A new ICP will not be created if premium resumes to "original premium" (from inception). Within first ICP - Yes - policy will be lapsed if no payment is received for 3 months; After ICP - Yes - maximum 3 months; Thereafter the policy will be paid up; If the policy made paid up within first 5, a one off administration charge of HKD1,600 will be deducted from accumulation units A new ICP will not be created if premium resumes to "original premium" (from inception). Within ICP - Yes - policy will be lapsed if no payment is received for 3 months; After ICP - Yes - maximum 3 months provided that the policy has acquired an encashment value; Policy will be suspended (automatic premium suspension) if non-payment over 3 months Resume Premium Within first ICP - policy can be reinstated with all outstanding premium paid once; No reinstatement is allowed after 12 months from policy lapsation; After first ICP - contribution can be resumed at any time and no back payment is required - any subsequent ICPs will be extended by the period missed. Within first ICP - policy can be reinstated with all outstanding premium paid once; No reinstatement is allowed after 12 months from policy lapsation; After first ICP - contribution can be resumed at any time and no back payment is required - any subsequent ICPs will be extended by the period missed. If premiums recommence after dormancy, no ICPs apply, no ERC is taken, no commission is paid, and no new surrender penalty applies. Suspend Premium Again After first ICP - Yes - Premium holiday up to 2 will be available throughout term of policy After ICP - Yes - any time throughout the policy term (max. 36 months / premium suspension); If client stops paying premiums for a continuous period greater than 36 months, a surrender penalty charge will be applicable; Once this charge has been deducted and if the policy still has a positive fund value, the policy will become dormant; If the policy does not have a fund value i.e. zero or negative, the policy will be lapsed; Any cases with additional benefits selected, Zurich will need to have those additional benefits cease at the time of premium suspension; The client can at any time, during the 36- month premium suspension, recommence regular contribution into the policy to mitigate the policy becoming dormant or lapsed; Once a policy is made dormant, thereafter only Policy Fee and Policy Management Charge will still be applicable - no further ERC or surrender penalty will apply Reinstatement Within first ICP - within 12 months Within ICP - within 12 months from from policy lapsation; After first ICP - policy lapsation provided the missing the policy is made paid up and can be premium are paid back into the policy; reinstated at any time without After ICP - if the policy lapses, the payment of missing premium - but client can reinstate the policy at any subsequent ICPs will be extended by time within 12 months. Payment of the number of months missed missed premiums is not required, but if not paid then any incomplete ICPs will be extended by the number of months missed. Premium Holiday Within ICP No - premium holiday is not available within ICP No - policy will be lapsed without value if suspend premium After ICP Yes - after first ICP premium holiday Yes - any time after ICP; Premimum up to maximum 2 through term suspension (i.e. premium holiday) can of policy will be available; Should be taken continuously for 36 months; there be no premium resumption after if suspend premium continuously for 2-year premium holiday, the policy will more than 36 months then policy will become paid up (no penalty will be become dormant and dormancy charged at this point, but the policy penalty will be applied (current will keep on with charges deducted surrender penalty is taken; all units and fund switching will still be moved to accumulation units; ERC available). stops, surrender penalty stops) Zurich Vista EIB IWA Page 5 of 10 7/2/2010

6 Maximum period 2 per policy; But should client resume premium for 1 year after 2- year premium holiday, another 2-year premium holiday could be applied 36 months (i.e. 3 consecutive ) per premium suspension (i.e. premium holiday) Resume premium Yes - any time from next payment due date. Back payment for missing premium is not required, but is permitted - and will use current fund prices and exchange rates. If backpayments are not made, any incomplete ICPs will be extended Yes - any time from next payment due date. Back payment for missing premium is not required, but is permitted - and will use current fund prices and exchange rates. If backpayments are not made, any incomplete ICPs will be extended Charges continues to be taken Expense Recoupment Charge, Policy Fee Expense Recoupment Charge, Policy Fee, Policy Management Charge Payment Method For regular premium (1) Direct debit; (2) Bank standing order (HSBC or Hang Seng); (3) Credit card (VISA or MasterCard); (4) Telegraphic transfer (Half-year or yearly); (5) Cheque (Half-year or yearly) (1) Direct debit; (2) Bank standing order (HSBC or Hang Seng); (3) Credit card (VISA or MasterCard); (4) Telegraphic transfer (Half-year or yearly); (5) Cheque (Half-year or yearly) For lump sum premium Charge of using credit card (%) (1) Telegraphic transfer (must be directly from client's account); (2) Cheque (personal cheque) (1) Telegraphic transfer (must directly from client's account); (2) Cheque (personal cheque) For those client currently using credit 1% per transaction; 1% credit card card this is free of charge. If client charges will be charged on top of the decide to change method of payment premium e.g. from DDA to credit card, Zurich will charge 1% per transaction; 1% credit card charges will be charged on top of the premium (1) Telegraphic transfer (must directly from client's account); (2) Cheque (personal cheque) (1) Telegraphic transfer (must directly from client's account); (2) Cheque (personal cheque) Advance Premium Remarks For premium paid more frequently than half-yearly, an automatic payment method must be used No advance premium will be accepted For premium paid more frequently than half-yearly, an automatic payment method must be used No advance premium will be accepted 7. Flexibility Switching Minimum Subject to individual fund 1% of policy value (or subject to individual fund) Subject to individual fund No. of Free Switches Unlimited Unlimited Zurich guarantee that all switches are free in the first 5 Fund Switching in Different Fund Currency The currency cost is charged based on the total net movement, so if client sells some USD to buy into GBP funds, but also sells some GBP funds to buy USD, the system will "balance off" the transactions to minimise the overall movement between currencies, and wil therefore make the charge as low as possible Partial Withdrawal Criteria Maximum partial withdrawal without penalty is 70% of surrender value The currency cost is charged based on the total net movement, so if client sells some USD to buy into GBP funds, but also sells some GBP funds to buy USD, the system will "balance off" the transactions to minimise the overall movement between currencies, and wil therefore make the charge as low as possible The currency cost is charged based on the total net movement, so if client sells some USD to buy into GBP funds, but also sells some GBP funds to buy USD, the system will "balance off" the transactions to minimise the overall movement between currencies, and wil therefore make the charge as low as possible Subject to individual fund 25 switching requests (1 switching request form = 1 switching request) per policy year The currency cost is charged based on the total net movement, so if client sells some USD to buy into GBP funds, but also sells some GBP funds to buy USD, the system will "balance off" the transactions to minimise the overall movement between currencies, and wil therefore make the charge as low as possible Cut-off time of 4pm Hong Kong time 4pm Hong Kong time 4pm Hong Kong time 4pm Hong Kong time Product Provider Valuation Based on bid / bid price Based on bid / bid price Based on bid / bid price Based on bid / bid price Completion T+2 (same day dealing) T+2 (same day dealing) T+2 (same day dealing) T+2 (same day dealing) Maximum partial withdrawal without Partial withdrawals can be made at penalty is the lower of the value of the any time while minimum account accumulation units, or the current balance is maintained (please refer to surrender value at the time "Minimum Remaining Account Balance after Withdrawal") Partial withdrawals can be made at any time while minimum account balance is maintained (please refer to "Minimum Remaining Account Balance after Withdrawal") Basis of Unit Sold Minimum withdrawal No minimum partial withdrawal No minimum partial withdrawal No minimum partial withdrawal HKD5,000 / USD600 / GBP400 / EUR600 / JPY80,000 / CHF1,000 / SGD240 / AUD1,000 (for TT) Penalty free Maximum partial withdrawal with out withdrawal allowance penalty is 70% of surrender value (NO penalty) Maximum partial withdrawal without penalty is the lower of the value of the accumulation units, or the current surrender value at the time No penalty if partial withdrawal across all plan segments; penalty will be applied if plan value after withdrawal falls below minimum No penalty if partial withdrawal across all plan segments; penalty will be applied if plan value after withdrawal falls below minimum Minimum remaining account balance after withdrawal Maximum partial withdrawal without penalty is 70% of surrender value Maximum partial withdrawal without penalty is the lower of the value of the accumulation units, or the current surrender value at the time; Partial surrender is always taken only from accumulation units; remaining policy value (across initial and accumulation units) after partial surrender must be sufficient to cover the surrender penalty Greater of 15% of original investment or current surrender penalty The greater of: (1) HKD120,000 / USD15,000 / GBP10,000 / EUR15,000 / JPY2,000,000 / CHF25,000 / SGD25,000 / AUD25,000; or (2) twice the current surrender penalty Zurich Vista EIB IWA Page 6 of 10 7/2/2010

7 Regular Withdrawal Availability Regular withdrawals are available after 18 months have elapsed from the start of the policy Yes - regular withdrawals can be made at any time while minimum account balance is maintained (please refer to "Minimum Remaining Account Balance after Withdrawal") Yes - regular withdrawals can be made at any time while minimum account balance is maintained (please refer to "Minimum Remaining Account Balance after Withdrawal") Frequency (1) Quarterly; (2) Half-yearly; (3) Yearly (1) Quarterly; (2) Half-yearly; (3) Yearly (1) Monthly (automated payment only) (2) Quarterly; (3) Half-yearly; (4) Yearly Full Surrender (i.e. termination of policy) Minimum withdrawal Minimum remaining account balance after withdrawal Availability Processing time (normal time) HKD7,800 / USD1,000 per month No minimum partial withdrawal Greater of 15% of original investment or current surrender penalty Yes - any time; will be subject to a Surrender Penalty depending on term remaining (please refer to "Withdrawal / Surrender Penalty" for the calculation) working days after ALL original documents received by Zurich and payment made to client's account Yes - any time; will be subject to a Surrender Penalty depending on term remaining (please refer to "Withdrawal / Surrender Penalty" for the calculation) working days after ALL original documents received by Zurich and payment made to client's account Yes - any time; Early Encashment Fee (i.e. surrender penalty) will be charged during the first 5 (please refer to "Withdrawal / Surrender Penalty" for the calculation) working days after ALL original documents received by Zurich and payment made to client's account HKD2,000 / GBP150 per month (automated payment method only), or HKD5,000 / USD600 / GBP400 / EUR600 / JPY80,000 / CHF1,000 / SGD240 / AUD1,000 for non automated payments The greater of: (1) HKD120,000 / USD15,000 / GBP10,000 / EUR15,000 / JPY2,000,000 / CHF25,000 / SGD25,000 / AUD25,000; or (2) twice the current surrender penalty Yes - any time; Early Encashment Fee (i.e. surrender penalty) will be charged during the first 5 of each premium assuming full commission is taken (please refer to "Withdrawal / Surrender Penalty" for the calculation) working days after ALL original documents received by Zurich and payment made to client's account Policy Loan 8. Fees and Charges Plan Level Charge Establishment charge Yes, maximum 90% of surrender Yes - max 90% of encashment value value; All units will be switched to GAF less 2 interest (interest rate will depend on currency but Zurich will use GAF return + 1.5%) and policy charges Expense Recoupment Charge: Expense Recoupment Charge: 4% p.a. (0.33% p.m.) of value of initial units, deducted on the first of each month throughout policy term 4% p.a. (0.33% p.m.) of value of initial unit deducted on the first of each month throughout policy term or 25, whichever earlier Establishment Fee: Based on the lump sum contribution and is deducted monthly in advance by cancellation of units for the first 5 : Year 1 = 2.0%; Year 2 = 2.0%; Year 3 = 1.5%; Year 4 = 1.0%; Year 5 = 1.0%; Year 6 and onwards = Nil Establishment Fee: Based on each lump sum contribution and is deducted monthly in advance by cancellation of units for the first 5 following each contribution: Year 1 = 2.0% Year 2 = 2.0% Year 3 = 1.0% Year 4 = 1.0% Year 5 = 1.0% Year 6 and onwards = Nil Remarks: Charging Structure B has been removed from IWA since 1 Jul 08 Policy fee Policy Fee: HKD42 / USD6 p.m. (a fixed deducted from accumulation units on the first of each month throughout policy term) Policy Fee: HKD60 / USD7.5 / GBP5 / EUR7.5 / JPY1,125 / SEK12.5 / AUD15 p.m. (a fixed deducted from accumulation units) on the first of each month throughout policy term). If additional benefits are available and selected, then the benefit charges are deducted from accumulation units, and may make lead to a negative balance if premiums cease. Yearly Plan Fee: HKD1,200 / USD150 / GBP100 / EUR150 / JPY20,000 / CHF250 / SGD240 / AUD250 deducted monthly in advance on the first of each month throughout the policy term Policy Management Fee / Administration Charge Policy Management Charge: 0.75% p.a. of policy value deducted from units held on the first of each month throughout policy term Yearly Management Charge: Based on policy value and is deducted monthly in advance throughout policy term; Charge in HKD'000: up to HKD1,800 = 0.50%; HKD1,800 - HKD3,000 = 0.35%; HKD3,000 - HKD6,000 = 0.25%; HKD6,000 or above = 0.20% Allocation charge for lump sum premium Allocation Charge: 7% for initial lump sum premium and lump sum top-up before allocation Allocation Charge: 7% for initial lump sum premium and lump sum top-up before allocation Other charge Remarks: Charging Structure B has been removed from IWA since 1 Jul Zurich Vista EIB IWA Page 7 of 10 7/2/2010

8 Fund Level Charge Switching Fee Nil (Based on bid/bid price) Nil (Based on bid/bid price) Nil (based on bid/bid price) After 25th switch within a year: The greater of: (1) 1% of value of the switch; or (2) HKD600 / USD75 / GBP50 / EUR75 / JPY10,000 / CHF125 Bid-offer Spread Most IWA funds are single priced, however, there are some which have a bid/offer spread. The of any bid offer spread is determined by the underlying fund manager, not ZIL Annual management Charge Please refer to the Fund List for details Please refer to the Fund List for details Please refer to the Fund List for details Please refer to the Fund List for TER & discounted initial charge Mirror Fund Charge 0.75% p.a. on fund value and will be reflected in fund price (on top of external fund charge) 0.75% p.a. on fund value and will be reflected in fund price (on top of external fund charge) 0.75% p.a. on fund value and will be reflected in fund price (on top of external fund charge) Other charge Externally managed funds may apply other fund management charges, and these will be included in the fund price Withdrawal / Surrender Penalty Within ICP Surrender penalty will only apply on If less than 18 months worth of full surrender or of partial withdrawal premium are paid, policy will be more than 70% of surrender value. lapsed without value Please refer to CS for surrender value After ICP Withdrawal / Surrender Surrender penalty will only apply on Surrender Penalty will be charged: full surrender or of partial withdrawal (1) at the end of 3-year premium more than 70% of surrender value. suspension (dormancy penalty; the Please refer to CS for surrender value policy will continue) (2) if a partial withdrawal is taken that does not leave the minimum policy value remaining; (3) on full surrender Early Encashment Fee (i.e. surrender penalty) will be charged upon: (1) full surrender of one or more plan segment during the first 5 ; (2) remaining account balance after Early Encashment Fee (i.e. surrender penalty) will be charged upon: (1) full surrender of one or more plan segment during the first 5 of each premium; partial / regular withdrawal is less than (2) remaining account balance after minimum plan value permitted (3) on termination due to death of lives insured partial / regular withdrawal is less than minimum plan value; (3) on termination due to death of lives insured Early Encashment Fee: Based on initial contribution reducing on a monthly basis throughout the policy year (Start of year / End of year) Year 1 = 8.50% / 6.25%; Year 2 = 6.25% / 4.00%; Year 3 = 4.00% / 2.25%; Year 4 = 2.25% / 1.00%; Year 5 = 1.00% / 0.00%; Year 6 and onwards = Nil Early Encashment Fee: Based on each contribution reducing on a monthly basis throughout the policy year (Start of year / End of year) Year 1 = 8.25% / 6.00%; Year 2 = 6.00% / 4.00%; Year 3 = 4.00% / 2.00%; Year 4 = 2.00% / 1.00%; Year 5 = 1.00% / 0.00%; Year 6 and onwards = Nil Calculation Formula Surrender Penalty = Policy value - surrender value Surrender value = {[value of units purchased by regular premium within ICP - full reclaim of any bonus allocation relating to a premium or increment, that has not paid its first 24 months / (1 + C)^(D/12)] - HKD1,200 fixed penalty within first 5 of policy} + value of units purchased by regular premium after ICP and lump sum premium Surrender Penalty = Policy value - surrender value Surrender value = {[value of units purchased by regular premium within ICP - full reclaim of any bonus allocation relating to a premium or increment, that has not paid its first 18 months / (1 + C)^(D/12)] - USD1,000 fixed penalty} + value of units purchased by regular premium after ICP and lump sum premium Where Where C = if D is below 60; C = if less than 60 months have if D is between 61 to 120; elapsed since policy start date; if D is greater than if greater than 60 months D = the outstanding policy duration in have elapsed since policy start date months to earlier of the 25th policy D = outstanding term in and university or policy maturity months to selected retirement age (For formula - Please refer to Vista Summary of Fees & Charges) Early Encashment Fee for full surrender = Initial contribution x appropriate Early Encashment Fee rate Early Encashment Fee for full surrender = sum of (each contribution x appropriate Early Encashment Fee rate) Other Charges Description Calculations 9. Others Maturity Benefits Cash out Yes - by TT or cheque (HKD only) Yes - by TT or cheque (HKD only) Annuity (regular payout) Available on request Zurich Vista EIB IWA Page 8 of 10 7/2/2010

9 Combination of Cash & Annuity Rollover after maturity (No new regular premium) Yes - until age 75 of life insured; Only restrictions are for maximum age of lives insured, or if invested in GAF, in which case minimum term of 5 applies - otherwise no minimum Yes - until age 79 of life insured; Only restrictions are for maximum age of lives insured, or if invested in GAF, in which case minimum term of 5 applies - otherwise no minimum Extend policy term after Maturity (regular premium continue) Yes - minimum term: 3 until age 75 of life insured; A new slice of ICP will be applied if commission is paid Yes - minimum term: 5 until age 74 of life insured; A new slice of ICP will be applied if commission is paid Dealing price Valuation Daily valuation on each business day Daily valuation on each business day Daily valuation on each business day Daily valuation on each business day Subscription T (clear money) +2; For cheque payment: T (bank in) + 2 T (clear money) +2; For cheque payment: T (bank in) + 2 T (clear money) +2; For cheque payment: T (bank in) + 2 T (clear money) +2; For cheque payment: T (bank in) + 2 Switching T+2 (same day dealing) T+2 (same day dealing) T+2 (same day dealing) T+2 (same day dealing) Withdrawal / T+1 (dealing price used based on ALL T+1 (dealing price used based on ALL T+1 (dealing price used based on ALL T+1 (dealing price used based on ALL Surrender document received by Zurich) document received by Zurich) document received by Zurich) document received by Zurich) Death Claim T+1 (dealing price used based on ALL T+1 (dealing price used based on ALL T+1 (dealing price used based on ALL T+1 (dealing price used based on ALL document received by Zurich) document received by Zurich) document received by Zurich) document received by Zurich) Roundings Fund price 4 decimal places 4 decimal places 4 decimal places 4 decimal places Units 3 decimal places 3 decimal places 3 decimal places 3 decimal places Trust Service Appointment Policyowner can appoint Zurich Trustee Limited as trustee, or their own trustees. Beneficiaries can be any age or even a class of beneficiaries, such as 'my children'. Policyowner can appoint Zurich Trustee Limited as trustee, or their own trustees. Beneficiaries can be any age or even a class of beneficiaries, such as 'my children'. Policyowner can appoint Zurich Trustee Limited as trustee, or their own trustees. Beneficiaries can be any age or even a class of beneficiaries, such as 'my children'. Policyowner can appoint Zurich Trustee Limited as trustee, or their own trustees. Beneficiaries can be any age or even a class of beneficiaries, such as 'my children'. Trustee fee ZTL Trust Forms to be used HKD300 / USD37.5 p.a. per policy deducted from accumulation units on the first of each month for the term that the policy remains in trust HKD300 / USD37.5 p.a. per policy deducted from accumulation units on the first of each month for the term that the policy remains in trust Where ZTL are appointed trustees, there is a charge of USD180 / GBP120 p.a. deducted monthly in advance from units OST3 OST3 OSTD2 - discretionary trust, or OSTL2 interest in possession trust Where ZTL are appointed trustees, there is a charge of HKD3,725 / GBP250 / USD375 p.a deducted monthly in advance from units. ZTD1 - Discretionary trust, or ZTL1 interest in possession trust. Statement / valuation - Half-yearly from policy inception date Half-yearly from policy inception date Half-yearly from policy inception date Half-yearly from policy inception date report Investment Portfolio - Retirement Investment Strategy: This option may be selected or cancelled at any time, and allows automatic switching of investments from equity based funds to bond and cash based funds as the policyowner move closer to the end of his saving term; Client can switch in and out of this strategy at any time; Note that it can only be a 100% investment into the Retirement Investment Strategy (i.e. can't have 50% of premium in AIS, and 50% in own selection of funds) Automatic Investment Strategy: This option may be selected or cancelled at any time, and allows automatic switching of investments from equity based funds to bond and cash based funds as the policyowner move closer to the end of his saving term; Client can switch in and out of this strategy at any time; Note that it can only be a 100% investment into the Automatic Inveestment Strategy (i.e. can't have 50% of premium in AIS, and 50% in own selection of funds) Riders Death Benefit (Inclusive / Exclusive); Critical Illness Benefit; Dismemberment Benefit; Permanent Death Benefit (Inclusive / Exclusive); Critical Illness Benefit; Dismemberment Benefit; Permanent Total Disability Benefit; Hospitalization Total Disability Benefit; Hospitalization Benefit; Waiver of Premium; Spouse's Income Benefit and Spouse's Income Escalation; Benefit; Waiver of Premium; Spouse's Income Benefit and Spouse's Income Escalation; Premium quotation will be provided on Premium quotation will be provided on request ; if additional benefits are available and selected, then the benefit charges are deducted from accumulation units, and may make lead to a negative balance if premiums cease request ; if additional benefits are available and selected, then the benefit charges are deducted from accumulation units, and may make lead to a negative balance if premiums cease 10. Fund Information Fund Holding Minimum premium per fund Maximum no. of fund held at outset Maximum no. of fund held per payment Maximum no. of fund held per policy Subject to individual fund Subject to individual fund Subject to individual fund Subject to individual fund 10 funds 30 funds 10 funds 30 funds 10 funds 30 funds 10 funds 30 funds (maximum of 30 funds on entire plan across all additional premiums) 10 funds 30 funds 10 funds 30 funds Fund Price Publication (daily) Provider's public website /funds/todaysprices/index.htm /funds/todaysprices/index.htm /funds/todaysprices/index.htm /funds/todaysprices/index.htm Hong Kong Economic Journal Yes (according to individual fund houses publishment) Hong Kong Economic Times Yes Yes Yes Yes (according to individual fund houses publishment) South China Morning Yes (according to individual fund Post houses publishment) Lipper Yes (according to individual fund houses publishment) Zurich Vista EIB IWA Page 9 of 10 7/2/2010

10 The Standard Zurich Vista EIB IWA Page 10 of 10 7/2/2010