Advisor Administration Guide

Transcription

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

2 How to complete a SunWise Essential Series Application Form y Client name All plan types except TFSA y Nominee name y PIM Account Linkin Areement Form y Reistered Transfer Form Six Tips to successfully establish a SunWise Essential Series Contract holdin Income Class Units...17 How to complete subsequent transactions on a SunWise Essential Series Contract...19 y How to make a withdrawal y How to chane a uarantee class or switch between funds y How to chane from the DSC-load option to the ISC-load option y How to request the automatic rebalancin service Limited Tradin Authorization Ae 55 LWA Election *For details reardin Anti-Money Launderin policies and requirements, please refer to the Sereated Funds pae on Advisor Online. * For Fund Information, please refer to the SunWise Essential Series Fund Facts under Sereated Funds Documents on Advisor Online or o to Fund Related Documents on CI.com.

3 How to complete a SunWise Essential Series application form How to complete a SunWise Essential Series application for all plan types except TFSA Please note all SunWise Essential Series uarantee Classes will be held within the same account. Only one application form is required if the client wishes to purchase units offered under the different Classes. MANDATORY APPLICATION FIELDS: I. Contract Type Section 2 II. Distributor and Representative Information Section 3 III. Owner Information Section 4 (and Section 5 if applicable) i. Name ii. Address iii. Country of Residency iv. of Birth v. Social Insurance Number (SIN) I. Annuitant Information Section 6 (applicable only if different from Owner(s)) i. Name ii. Address iii. 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 bein 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 for reistered plans. VI. Beneficiary Desination Section 10 If the Two-Life Income Stream has been selected for reistered contracts, this section is mandatory and the Annuitant s spouse must be the sole primary beneficiary. VII. Investment Directions Section 11 VIII. Identity Verification, Third Party Determination, and Politically Exposed Forein Person Information are mandatory for all non-reistered contracts Section 18 I. Owner Acknowledement/ Authorization Section 19 i. Owner s Sinature with date ii. Joint Owner s Sinature with date (if applicable) iii. Annuitant s Sinature with date (if Annuitant is not the owner) iv. Second Life s Sinature with date (for Two-Life contracts) v. Sined At (City and Province). Representative s Acknowledement Section 20 11

4 Section 2 (Contract Type) y One contract type must be selected. Section 3 (Distributor and Representative Information) y Mandatory Sections 4 and 5 (Owner Information, Joint, In Trust For or Spousal Reistered 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 survivin Annuitant. 1 Contract Number (if available) 2 Contract Type (Select only one) *Subject to the terms of the applicable endorsement **CI AML Supplement Form required with your application 3 Distributor and Representative Information 4 Owner Information The Owner is the Annuitant unless otherwise noted in Section 6 5 Joint, In Trust For or Spousal Reistered Plan Information Joint Owner and In Trust for Contracts are not applicable to Reistered Contracts SunWise Essential Series Individual Variable Annuity Contract Application Form SunWise Essential Series Contract Number Distributor s Account Number Non-Reistered Individual Retirement Savins Plan (RSP) Retirement Income Fund (RIF) Non-Reistered Joint Spousal RSP Spousal RIF Non-Reistered In trust for** Locked-in RSP (LRSP)* Life Income Fund (LIF)* Non-Reistered Estate/Trust** Locked-in Retirement Account (LIRA)* Locked-in Retirement Income Fund (LRIF)* Non-Reistered Sole Proprietorship Restricted Locked-in Savins Plan (RLSP)* Prescribed Retirement Income Fund (PRIF)* Non-Reistered Partnership** Group RSP Restricted Life Income Fund (RLIF)* Non-Reistered Corporate** Distributor's Name Representative's Name M A N D- A T O R Y Distributor Number Representative Number Telephone Number Address Trainin Supervisor's sinature (Quebec Only) Mr. Mrs. Miss Ms. Dr. Gender Male Female Owner's Name (last, first, middle) Owner's Address City or Town Province Postal Code Country of Residency Residence Telephone Number of Birth Social Insurance Number (SIN) Owner's Address Mr. Mrs. Miss Ms. Dr. Gender Male Female Name (last, first, middle) of Birth Social Insurance Number (SIN) Country of Residency Subroated Policyholders - Quebec residents only: If you (the Owner) and Joint Owner would like to name each other as subroated policyholders please check here Joint Ownership Information - (Joint Non-Reistered Contracts only) Joint Ownership Type: Joint Owners with Riht of Survivorship (not applicable in Quebec) Joint Owners Sinin Authority: Only one sinature required NOTE: If not selected both sinatures are required. 6 Annuitant Information Complete if different from Owner(s) For Reistered Contracts, the Annuitant must be the Owner. For Non-Reistered Joint Ownership Contracts, if no sinle Annuitant is named in this section, the Contract will be deemed to have Joint Annuitants and the Contract Maturity will be determined based on the ae of the youner Annuitant. Mr. Mrs. Miss Ms. Dr. Gender Male Female Annuitant's Name (last, first, middle) Annuitant's Address (if different from Owner) City or Town Province Postal Code of Birth Country of Residency Relationship to Owner SWES APP _E (01-12) PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 2 Advisor Administration Guide

5 7 Successor Owner Optional - For Non-Reistered 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 bein if a LWA Income Stream has not been selected. * Spouse has the meanin as defined by the Income Tax Act 9 LWA Protection Service 10 Beneficiary Desination For Contracts sined in Quebec the desination of a spouse (married or civil union) as beneficiary is irrevocable unless the Owner checks revocable here: revocable For the Two-Life Income Stream on Reistered Plans, you must name your spouse as sole primary beneficiary. * Relationship of the beneficiary to the Annuitant in all provinces excludin Quebec where the relationship is to the Owner. 11 Investment Directions The fund code will determine the uarantee Class and sales chare option of the units. Class Contract Death Guarantee Guarantee Income 75% 100% Estate 75% 100% Investment 75% 75% Please specify your PAC details in Section 12. By makin deposits into the Estate Class or Income Class you acknowlede havin read the applicable sections of the Information Folder and Individual Variable Annuity Contract and aree to the applicable fees. Mr. Mrs. Miss Ms. Dr. Gender Male Female Successor Owner's Name (last, first, middle) Address City or Town Province Postal Code 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 chaned. One-Life Income Stream (for Non-Reistered Joint Annuitant Contracts please specify below the name of the Annuitant whose ae will be used in determinin 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-Reistered Contract. For Reistered Contracts, spousal details must be provided below) Please complete the information below for Non-Reistered Joint Annuitant Contracts electin the One-Life Income Stream or for Reistered Contracts electin the Two-Life Income Stream. Gender Male Female Name (last, first, middle) 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 Primary Beneficiary Relationship * Share Continent Beneficiary Relationship* Name(s) (%) Name(s) (for the adjacent share) 100% Name of Trustee(s) appointed for minor beneficiary(ies) (appointed administrator in Quebec) I have attached a letter of direction with additional/alternate/irrevocable beneficiary instructions. Cheque in the amount of $ A M O U N T Transfer $ A M O U N T from another financial institution (T2033/T2151/TD2 I N S T I T U T I O N N A M E attached) Transfer $ A M O U N T from an existin CI account C I A C C O U N T N U M B E R Fund Code Initial Sales Gross Amount PAC Amount Fund Code Initial Sales Gross Amount PAC Amount Chare $ or % $ or % Chare $ or % $ or % (if applicable) (if applicable) % % % % % SWES APP _E (01-12) PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY % % % % % 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 from showin as Unknown. y No redemptions can be processed from the Income Class units if the income stream selection is incomplete. y For Two-Life Income Stream, the Second Life must be the Annuitant s spouse. Section 9 (LWA Protection Service) y By removin this service, the client will no loner be prevented from redeemin more than their LWA entitlement. Redemptions of Income Class units above the annual LWA will neatively affect the GLWB benefits. Please ensure that the client is aware of any implications this miht have. y This service cannot be removed if the LWA Income Stream is not specified (is Unknown ). Section 10 (Beneficiary Desination) y For reistered plans with Two-Life Income Stream option, the Annuitant s spouse must be the sole primary beneficiary for the uaranteed income benefit to continue uninterrupted after the Annuitant s death. Section 11 (Investment Directions) y Please ensure that the funds and their respective fund codes are available for the Class selected. y Ensure that the minimum initial deposit of $25,000 for Income Class is met. 3

6 Section 12 (Pre-Authorized Chequin Plan) Mandatory! For non-reistered policies, if the PAC payor is different than the policy owner, please complete Section 2 of the CI Anti-Money Launderin Identity Verification Supplement Form CI-AML-09/16 and have the payor sin in this section. y For joint bank accounts requirin both sinatures, the joint owners must sin in this section. Section 13 (Automatic Withdrawal Plan (AWD) & RRIF/ LIF/LRIF/PRIF/RLIF Plan Payment Details) y For non-reistered policies, please complete steps 1 (Option A), 2 and 3. y For reistered policies, please complete steps 1 (Option B), 2 and 3. y Income Class withdrawals in excess of the annual LWA, or for RIF-type plans the reater of the LWA or the Income Class minimum annual payment (LWA RRIF MAP) will have a neative impact on future LWA payments. y In the example illustrated on this pae, the client elected to receive their contract MAP by withdrawin from their Estate Class units and Investment Class units only. By not makin withdrawals from Income Class, the client is maximizin their future uaranteed income by takin full advantae of their 5% Bonus entitlement available in Income Class. 12 Pre-Authorized Chequin Plan Please complete Section 15 and specify the fund breakdown in the PAC amount column in Section 11. I (We) choose to receive plan payment confirmations. (All Owners receive annual statements detailin transactions in their Contract.) 13 Automatic Withdrawal Plan (AWD) & RRIF/LIF/LRIF/ PRIF/RLIF Payment Details Please review the AWD description in the front of this Application for assistance in completin this section. *Income Class withdrawals in excess of the annual LWA or RRIF minimum for Income Class (LWA RRIF MAP) may have a neative impact on future LWA payments. Payments above the LWA that will result in an Excess Withdrawal will not be processed if the LWA Protection Service is on. Please see Section 9. RRIF minimum is the minimum annual payment (MAP) as defined by CRA for RIF/LIF/LRIF/PRIF/RLIF Contracts. You may redeem your RRIF minimum from any Class of Units you hold. RRIF minimum for Income Class (LWA RRIF MAP) is the proportion of your RRIF MAP that has been allocated to your Income Class. If you would like to receive the reater of your LWA or the RRIF minimum for Income Class (LWA RRIF MAP) select the "Maximize my LWA payment" option where applicable. If you have any questions about this section please contact CI Client Services PAC amount $ (Please ensure you meet the minimum required amount.) Payment Frequency (please select only one) Weekly Bi-weekly Monthly Bi-monthly Quarterly Semi-Annually Annually Sinature(s) Payment Start Sinature(s) required if Depositor(s) is (are) other than the Owner(s) indicated in Section 4 and/or 5. For a joint bank account, all Depositors must sin if more than one sinature is required on cheques issued aainst the account. By sinin you confirm the bankin information provided in Section 15 and that you have read and aree to the PAC terms and conditions outlined at the front of this Application. Step 1 - Payment Type: Select one option (options vary by Plan Type), then complete the Payment Fund Breakdown and Payment Frequency, Start and Method sections on the next pae. (OPTION A) Non Reistered Plans 1. Lifetime Withdrawal Amount (LWA) - withdraw only from my Income Class 2. An annual amount of $ Gross Net of fees Estate Investment Select one option below and specify percent allocation: LWA and remainder as follows: 100% I am not takin LWA payments. Withdraw only from my Estate and/or my Investment Class as follows: 100% (OPTION B) Reistered Income Plans RIF/LIF/LRIF/PRIF/RLIF I elect the term of RRIF payments be based on: My ae Ae of my spouse if youner (CI will default to the "My ae" option if not completed) Please provide spouse s date of birth: Find the section below that indicates the Class of units you hold, and then select one of the applicable payment options. 1. Income Class Units only (I do not hold Estate or Investment Class units) Select one option below: Maximize my LWA payment RRIF minimum for Income Class (LWA RRIF MAP) - for clients that only want their minimum even when the LWA is reater Locked-In maximum payment amount (only applicable for LIF/LRIF/RLIF)* An annual amount of $ Gross Net of fees* 2. Estate and/or Investment Class Units only (I do not hold Income Class units) Estate Investment Select one option below and specify percent allocation: RRIF minimum as follows: 100% Locked-In maximum payment amount (only applicable for LIF/LRIF/RLIF) as follows: 100% An annual amount of $ Gross Net of fees as follows: 100% 3. Income Class in combination with Estate and/or Investment Class (I hold units from multiple Classes includin Income Class) Select option a, b or c below: a) RRIF minimum.... Estate Investment Select one option below and specify percent allocation: Maximize my LWA payment and withdraw remainder as follows: 100% I am not takin LWA payments. Withdraw only from my Estate and/or my Investment Class as follows: 100% b) An annual amount of $ Gross Net of fees Estate Investment Select one option below and specify percent allocation: Maximize my LWA payment and withdraw remainder as follows: 100% I am not takin LWA payments. Withdraw only from my Estate and/or my Investment Class as follows: 100% c) Locked-In maximum payment amount (only applicable for LIF/LRIF/RLIF) Estate Investment Select one option below and specify percent allocation: Maximize my LWA payment and withdraw remainder as follows: 100% I am not takin LWA payments. Withdraw only from my Estate and/or my Investment Class as follows: 100% SWES APP _E (01-12) PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 3. Income Class in combination with Estate and/or Investment Class (I hold units from multiple Classes includin Income Class) Select option a, b or c below: x a) RRIF minimum.... Select one option below and specify percent allocation: Maximize my LWA payment and withdraw remainder as follows: 100% x I am not takin LWA payments. Withdraw only from my Estate and/or my Investment Class as follows: 100% An annual amount of $ Gross Net of fees 4 Advisor Administration Guide Estate Investment 20% 80%

7 13 Automatic Withdrawal Plan (AWD) & RRIF/LIF/LRIF/ PRIF/RLIF Plan Payment Details (cont d) **If your Payment Start is prior to January 1 of the year the Annuitant (or, if a Second Life is desinated, the youner of the Annuitant and the Second Life) turns 65 years of ae and you would like to make the Ae 55 LWA Election please complete the SunWise Essential Series Withdrawal Order Ticket and submit alon with this Application Form. If you have any questions about this section please contact CI Client Services Withholdin Tax Client specified withholdin tax for RIF/LIF payments *To determine the rates available please visit our website. 15 Bankin Information Please complete for Section 12 and/or 13 and attach a void cheque 16 LIF/LRIF/PRIF/RLIF Information 17 Group Retirement Savins Plans Not applicable for LIRA/RLSP/ RIF/LIF/LRIF/PRIF/RLIF Step 2 - Payment Fund Breakdown: For each Class you indicated above, provide your fund breakdown. Use percentaes only and ensure each Class you elect has a payment that totals 100%. Complete if you indicated in Step 1 that you are takin payments from Income Class (LWA). Payment Frequency (please select only one) Monthly Quarterly Semi-Annually Annually Payment Method Deposit directly to bank account (please complete Section 15) Mail to Owner's address on file Mail to Owner s alternate address (indicate address below) Bank Account Owner(s) Name(s) Complete if takin payments from Estate and/or Investment Class. Be sure you have filled out the Class percent (%) allocation in Step 1 for the payment option chosen. Income Class (LWA) Fund Breakdown Estate Class Fund Breakdown Investment Class Fund Breakdown Fund Code % Fund Code % Fund Code % 100% 100% 100% Step 3 - Payment Frequency, Start and Method: The payment date must be between the 1st and 25th of any month for Reistered Income Plans (RIF/LIF/LRIF/PRIF/RLIF). Bank Name Payment Start ** Address City Province Postal Code Withholdin Tax Rate % (if the rate specified is less than the leislated 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* Bank Number Bank Transit Number Bank Account Number SPOUSE: Do you have a spouse or pension partner within the meanin of the applicable pension leislation? Yes No Note: If you have a spouse or pension partner within the meanin of the applicable leislation, then the form noted at the end of this Application must be fully completed and accompany the Application. I certify that I am an employee of the company or association named in this section and hereby authorize such employer or association to deduct from my earnins and remit contributions to the CI Investments Group Plan (as indicated in Section 11) and to assist in the administration of the Plan as my aent and, where applicable, as aent of my spouse or common-law partner and to include such contribution in computin the amount of withholdin tax required under applicable tax leislation. Section 14 (Withholdin Tax) y The withholdin tax rate specified in this section will apply to the automatic withdrawal plan and any ad-hoc withdrawals. Section 15 (Bankin Information) y This section is required if requestin a PAC or AWD with direct deposit. y Please ensure a void cheque is attached to avoid processin delays. Section 18 (Identity Verification, Third Party Determination and Politically Exposed Forein Person Information) y For individual non-reistered, includin sole proprietor policies, if answerin yes to the third party or Politically Exposed Forein Persons question, please attach the completed CI Anti- Money Launderin Identity Verification Supplement Form CI-AML-09/16. y When establishin corporate, partnership, not-for-profit or noncorporate entity policies, please attach the completed CI Anti-Money Launderin Identity Verification Supplement Form CI-AML-09/16. Group Company Name Employee's Sinature 18 Identity Verification, Third Party Determination and Politically Exposed Forein Person Information For Corporate, Partnership, Estate and Trust Contracts the CI Anti-Money Launderin Identity Verification Supplement form is required This section is Mandatory for all Non-Reistered Contracts. Owner's Information Verification Document Document Number Country/Province of issue Detailed Occupation Joint Owner's Information Verification Document Document Number Country/Province of issue Detailed Occupation Provide the source of payments for this Application/Contract (select all that apply) salary or earned income borrowed funds proceeds from death benefits or estate Applicant/Owner s savins pension income inherited funds business income existin investment account social benefits ifted funds sale of property other ( ) SWES APP _E (01-12) PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 5

8 Section 19 (Owner Acknowledement /Authorization) y Mandatory The Owner, Joint Owner, Annuitant and Second Life person (for policies with Income Class units with a Two-Life Income Stream) must sin and date this application. y Mandatory The Sined At (City and Province) information is mandatory. Section 20 (Representative s Acknowledement) y Mandatory All advisors must read, sin and date this section. Note: For LIF and LRIF contracts, please attach the appropriate Spousal Consent/Waiver. Please contact our CI Sereated Funds Team at for a copy of these forms. 18 Identity Verification, Third Party Determination and Politically Exposed Forein Person Information (cont d) 19 Owner Acknowledement/ Authorization All Owners, Annuitants and Second Life (if applicable) must read and sin this Section Please ensure all mandatory sections have been completed. Is a third party involved with this Contract, or will a third party pay for this Contract, or have the use of, or access to, the Contract value? Yes No If yes, attach a completed CI Anti-money Launderin Identity Verification Supplement form To the best of the Applicant's/Owner's knowlede, has the Applicant/Owner or any close relatives (livin or deceased) been considered a Politically Exposed Forein Person (PEFP)? Yes No If yes, attach a completed CI Anti-money Launderin Identity Verification Supplement form I (We) declare that all statements and answers made by me (us) on this Application are fully complete and true. I (We) hereby acknowlede havin 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 aree to them and hereby authorize Sun Life Assurance Company of Canada and CI Investments to obtain, use, and transmit to its aents 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 Enlish. Je (Nous) demande(ons) que tous les documents qui me (nous) sont remis avec ce contrat soient rédiés en lanue anlaise. I (We) acknowlede receipt of the Individual Variable Annuity Contract and Information Folder and the Fund Facts prior to sinin the Application. By completin the PAC section, I (we) declare that all persons whose sinatures are required to authorize transactions in the bank account provided have read and areed to the PAC terms and conditions as outlined at the front of this Application. Request for Reistration (Must be completed for RSP, LIRA, Locked-In RSP, RLSP, LIF, LRIF, PRIF and RLIF Contracts) Yes, Sun Life Assurance Company of Canada is requested to reister the above policy as a Retirement Savins Plan under the Income Tax Act (Canada) and under any applicable provincial leislation. Yes, Sun Life Assurance Company of Canada is requested to reister the above policy as a Retirement Income Fund under the Income Tax Act (Canada) and under any applicable provincial leislation. Owner's Sinature Joint Owner's Sinature Annuitant's Sinature (Only required if Annuitant is not the Owner) Second Life's Sinature (must be the spouse of the Annuitant) Sined At (City and Province) 20 Representative's Acknowledement All advisors must read and sin this Section 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 knowlede, unless otherwise noted, these details are full, complete and true. In reard to the purchase of a non-reistered product, I the advisor, confirm that all of the identification details provided in this form match the oriinal 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. Representative's Sinature Complete the followin if the Representative verifyin identity is different from the Servicin Representative (applicable for non-reistered plans only) Representative's Name Distributor - Representative Number 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. SWES APP _E (01-12) PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 6 Advisor Administration Guide

9 How to complete a SunWise Essential Series Rapid Application Form for nominee-held contracts. Please note all SunWise Essential Series uarantee Classes will be held within the same account. Only one application form is required if the client wishes to purchase units offered under the different Classes. MANDATORY APPLICATION FIELDS: I. Contract Type Section 1 II. Nominee Information Section 2 III. Distributor and Representative Information Section 3 IV. Beneficial Owner Information Section 4 (and Section 5 if applicable) i. Name ii. Country of Residency iii. of Birth iv. Social Insurance Number (SIN) V. Annuitant Information Section 6 (applicable only if different from Owner(s)) i. Name ii. Address iii. of Birth iv. Country of Residency VI. LWA Income Streams for the Income Class Section 8 (mandatory if Income Class units are purchased) Please note: LWA payments cannot bein if a LWA Income Stream has not been selected or required information is incomplete. VII. Identity Verification, Third-Party Determination, and Politically Exposed Forein Person Information are mandatory for all non-reistered contracts Section 11 VIII. Beneficial Owner Acknowledement/Authorization Section 13 i. Owner s Sinature with date ii. Joint Owner s Sinature with date (if applicable) iii. Annuitant s Sinature with date (if Annuitant is not the owner) iv. Second Life s Sinature with date (for Two-Life contracts) v. Sined At (City and Province) I. Representative s Acknowledement Section 14 7

10 Sections 4 and 5 (Beneficial Owner Information, Joint Beneficial Owner Information) y The Beneficial 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 survivin Annuitant. 1 Contract Type 2 Nominee Information 3 Distributor and Representative Information Nominee Non-Reistered Nominee RRIF (self-directed) Nominee/Intermediary name Wire order number Distributor's Name SunWise Essential Series Individual Variable Annuity Contract Rapid Application Form Nominee RRSP (self-directed) Nominee TFSA (self-directed) Note: For Nominee Reistered Contracts the trust has Owner or policyholder rihts under the Contract. The trustee (or aent for the trustee, if applicable) holds the Contract in trust for the beneficial Owner. For Non-Reistered Contracts the beneficial Owner has Owner or policyholder rihts under the Contract. Trustee Name (if applicable for Reistered Plans only) Client Distributor Account Number Representative's Name - Distributor Number Representative Number Telephone Number Address Trainin Supervisor's sinature (Quebec Only) 4 Beneficial Owner Information The beneficial Owner is the Annuitant unless otherwise noted in Section 6 Mr. Mrs. Miss Ms. Dr. Gender Male Female Beneficial Owner's Name (last, first, middle) of Birth Social Insurance Number (SIN) Country of Residency 5 Joint beneficial Owner Information Joint beneficial Owner and In Trust for Contracts are not applicable to Nominee Reistered Contracts Subroated Policyholders - Quebec residents only: If you (the beneficial Owner) and Joint beneficial Owner would like to name each other as subroated policyholders please check here 6 Annuitant Information Complete if different from beneficial Owner(s) For Nominee Reistered Contracts, the Annuitant must be the beneficial Owner. For Nominee Non-Reistered Joint Ownership Contracts, if no sinle Annuitant is named in this section, the Contract will be deemed to have Joint Annuitants and the Contract Maturity will be determined based on the ae of the youner Annuitant. Mr. Mrs. Miss Ms. Dr. Gender Male Female Joint beneficial Owner's Name (last, first, middle) Country of Residency of Birth Social Insurance Number (SIN) Unless otherwise indicated, Joint Ownership with Riht of Survivorship will be deemed to be elected (Not applicable in Quebec). Mr. Mrs. Miss Ms. Dr. Gender Male Female Annuitant's Name (last, first, middle) Annuitant's Address (if different from Owner) City or Town Province Postal Code of Birth Country of Residency Relationship to Owner SWES RPD _E (01-12) PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 8 Advisor Administration Guide

11 7 Successor Beneficial Owner Optional - For Nominee Non- Reistered Contracts only This section should only be completed in situations where the Annuitant is not the beneficial Owner. 8 LWA Income Streams for the Income Class (MANDATORY) LWA payments cannot bein if a LWA Income Stream has not been selected. * Spouse has the meanin as defined by the Income Tax Act 9 LWA Protection Service 10 Beneficiary Desination Do not complete for Nominee Reistered Contracts. For Contracts sined in Quebec the desination of a spouse (married or civil union) as beneficiary is irrevocable unless the beneficial Owner checks revocable here: revocable * Relationship of the beneficiary to the Annuitant in all provinces excludin Quebec where the relationship is to the beneficial Owner. Mr. Mrs. Miss Ms. Dr. Gender Male Female Beneficial Successor Owner's Name (last, first, middle) Relationship to beneficial 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 chaned. One-Life Income Stream (for Nominee Non-Reistered Joint Annuitant Contracts please specify below the name of the Annuitant whose ae will be used in determinin 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 Nominee Non-Reistered Contract. For Nominee Reistered Contracts, spousal details must be provided below) Please complete the information below for Nominee Non-Reistered Joint Annuitant Contracts electin the One-Life Income Stream or for Nominee Reistered Contracts electin the Two-Life Income Stream. Gender Male Female Name (last, first, middle) 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 Primary Beneficiary Relationship * Share Continent Beneficiary Relationship* Name(s) (%) Name(s) (for the adjacent share) 100% Name of Trustee(s) appointed for minor beneficiary(ies) (appointed administrator in Quebec) I have attached a sined letter of direction with additional/alternate/irrevocable beneficiary instructions. Section 8 (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 showin as Unknown. y LWA payments cannot bein if an LWA Income Stream has not been selected. y For Two-Life Income Stream, the Second Life must be the Annuitant s spouse. Section 9 (LWA Protection Service) y By removin this service, the client will no loner be prevented from redeemin more than their LWA entitlement. Redemptions of Income Class units above the annual LWA can neatively affect the GLWB benefits. Please ensure that the client is aware of any implications this miht have. y This service cannot be removed if the LWA Income Stream is not specified (is Unknown ). 11 Identity Verification, Third Party Determination and Politically Exposed Forein Person Information For Corporate, Partnership, Estate and Trust Contracts the CI Anti-Money Launderin Identity Verification Supplement form is required This section is Mandatory for all Nominee Non-Reistered Contracts. Beneficial Owner's Information Verification Document Document Number Country/Province of issue Detailed Occupation Joint beneficial Owner's Information Verification Document Document Number Country/Province of issue Detailed Occupation Provide the source of payments for this Application/Contract (select all that apply) salary or earned income borrowed funds proceeds from death benefits or estate Applicant/Owner s savins pension income inherited funds business income existin investment account social benefits ifted funds sale of property other ( ) Is a third party involved with this Contract, or will a third party pay for this Contract, or have the use of, or access to, the Contract value? Yes No If yes, attach a completed CI Anti-money Launderin Identity Verification Supplement form To the best of the Applicant's/Owner's knowlede, has the Applicant/Owner or any close relatives (livin or deceased) been considered a Politically Exposed Forein Person (PEFP)? Yes No If yes, attach a completed CI Anti-money Launderin Identity Verification Supplement form SWES RPD _E (01-12) PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY Section 10 (Beneficiary Desination) y Please do not complete this section for Nominee Reistered Contracts. y For RSP-type plans, RIF-type plans and TFSA plans where the Two-Life Income Stream option has been selected, the Annuitant s spouse must be the sole primary beneficiary for the uaranteed income benefit to continue uninterrupted after the Annuitant s death. Please ensure the appropriate beneficiary desination is made throuh the Nominee / Intermediary account level for clients selectin Two- Life Income Stream. 9

12 Section 12 (Automatic Withdrawal Plan (AWD) & RRIF/ LIF/LRIF/PRIF/RLIF Plan Payment Details) y The notional LWA RRIF MAP is calculated on Dec 31 each year and is used to determine the maximum allowable amount that can be redeemed from Income Class units without penalty. y Income Class withdrawals in excess of the annual LWA may have a neative impact on future LWA payments. y In the RRIF example illustrated on this pae, the client elected to maximize their annual income by electin to receive the reater of the LWA and the notional LWA RRIF MAP. 12 Automatic Withdrawal Plan (AWD) & RRIF/LIF/LRIF/PRIF/ RLIF Payment Details If you would like to receive the reater of your LWA and the Notional RRIF minimum for Income Class (Notional LWA RRIF MAP) select the "Maximize my LWA payment" option. Please review the AWD description in the front of this Application for assistance in completin this section. Income Class withdrawals in excess of the annual LWA or Notional RRIF minimum for Income Class (Notional LWA RRIF MAP) may have a neative impact on future LWA payments. The notional LWA RRIF MAP is calculated December 31st each year. Payments above the LWA that will result in an Excess Withdrawal will not be processed if the LWA Protection Service is on. Please see Section 9. *If your Payment Start is prior to January 1 of the year the Annuitant (or, if a Second Life is desinated, the youner of the Annuitant and the Second Life) turns 65 years of ae and you would like to make the Ae 55 LWA Election please complete the SunWise Essential Series Withdrawal Order Ticket and submit alon with this Application Form. If you have any questions about this section please contact CI Client Services Step 1 - Payment Type: Select one option, then complete the Payment Fund Breakdown and Payment Frequency, Start and Method sections below. a. Maximize my LWA payment b. Lifetime Withdrawal Amount (LWA) c. The notional RRIF minimum for Income Class (Notional LWA RRIF MAP) - not calculated in the year of establishment Estate Investment d. An annual amount of $ Gross Net of fees LWA and remainder as follows: 100% Step 2 - Payment Fund Breakdown: For each Class you indicated above, provide your fund breakdown. Use percentaes only and ensure each Class you elect has a payment that totals 100%. Complete if you selected option a, b, c or d in Step 1. Income Class (LWA) Fund Breakdown Estate Class Fund Breakdown Investment Class Fund Breakdown Fund Code % Fund Code % Fund Code % Step 3 - Payment Frequency, Start and Method: Payment Frequency (please select only one) Monthly Quarterly Semi-Annually Annually Payment Method Payment Start * For Nominee Non-Reistered Contracts only (For all Nominee Reistered contracts, any withdrawal payment will be submitted to the Nominee/Intermediary). Deposit directly to bank account Submit payment to Nominee/Intermediary Bank Account Owner(s) Name(s) Bank Name 100% 100% 100% Bank Transit Number Complete if you selected option d in Step 1. Be sure you have filled out the Class percent (%) allocation in Step 1 for the payment option chosen. Bank Number Bank Account Number 13 Beneficial Owner Acknowledement/ Authorization All Owners, Annuitants and Second Life (if applicable) must read and sin this Section Your sinature on this form confirms that you have received the Individual Variable Annuity Contract and Information Folder and the Fund Facts and Policy prior to sinin this Application, and that: you aree that the information you provided is complete and accurate; you understand that CI Investments Inc. and/or Sun Life Assurance Company of Canada shall not be liable for followin the instructions provided by the representative/distributor; you understand that the effective date of the policy will be the date shown on the confirmation notice as the effective date of the first premium deposit; you have requested that all documents delivered to you in connection with this Contract be written in Enlish. Vous avez demandé que tous les documents qui vous sont remis avec ce contrat soient rédiés en lanue anlaise. you authorize CI to deliver confirmations, statements and other documents to the Distributor and to accept instructions from the Distributor to execute financial and non-financial transactions includin, but not limited to purchases, transfers and resets in accordance to your instructions and the policy provisions. SWES RPD _E (01-12) PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY Step 1 - Payment Type: Select one option, then complete the Payment Fund Breakdown and Payment Frequency, Start and Method sections below. x a. Maximize my LWA payment b. Lifetime Withdrawal Amount (LWA) c. The notional RRIF minimum for Income Class (Notional LWA RRIF MAP) - not calculated in the year of establishment Estate Investment d. An annual amount of $ Gross Net of fees LWA and remainder as follows: 100% Step 2 - Payment Fund Breakdown: For each Class you indicated above, provide your fund breakdown. Use percentaes only and 10 Advisor Administration Guide

13 13 Beneficial Owner Acknowledement/ Authorization (cont d) Please ensure all mandatory sections have been completed. 14 Representative's Acknowledement All advisors must read and sin this Section I (We) hereby acknowlede havin 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 aree to them and hereby authorize Sun Life Assurance Company of Canada and CI Investments to obtain, use, and transmit to its aents and service providers, personal information about me for the purpose of the administration of this Contract. Beneficial Owner's Sinature Joint Beneficial Owner's Sinature Annuitant's Sinature (Only required if Annuitant is not the beneficial Owner) Second Life's Sinature (must be the spouse of the Annuitant) Sined At (City and Province) In reard to the purchase of a Nominee Non-Reistered product, I the advisor, confirm that all of the identification details provided in this form match the oriinal identification documents shown to me. In reard to the purchase of a Nominee Reistered product or Nominee Non-Reistered product, I the advisor, confirm that I have reviewed the details provided in this form with the Applicant/beneficial Owner and to the best of my knowlede, unless otherwise noted, these details are full, complete and true. I confirm that I have disclosed to the Applicant/beneficial Owner (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. Section 13 (Beneficial Owner Acknowledement / Authorization) y Mandatory The Beneficial Owner, Joint Beneficial Owner, Annuitant and Second Life person (for policies with Income Class units with a Two-Life Income Stream) must sin and date this section. y Mandatory The Sined At (City and Province) information is mandatory. Section 14 (Representative s Acknowledement) y Mandatory All advisors must read, sin and date this section. Representative's Sinature Sinature of trustee or aent for trustee (for Nominee Reistered Contracts only) Complete the followin if the Representative verifyin identity is different from the Servicin Representative (applicable for Nominee Non-Reistered plans only) Representative's Name Distributor - Representative Number 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. SWES RPD _E (01-12) PART 1 - CI COPY PART 2 - ADVISOR COPY PART 3 - CLIENT COPY 11

14 y PIM investors may link toether their accounts into one PIM Household Group for the benefit of reducin manaement fees and consolidated reportin. y To qualify, the PIM Household Group must have a minimum areate balance of $250,000 in assets and all accounts must have the same reistration type (i.e. nominee, intermediary, or client name). y Ensure the minimum investment of $100,000 per fund is met and maintained. Section 1 (Define Your PIM Household Group Name) y This section must be completed for new PIM Household Group set-up. Provide a name of your client s (clients ) choosin. The name can be no loner than 50 characters this includes spaces. Section 2 (Manain Your PIM Household Group) y List all accounts to be linked toether in a new PIM Household Group. You may also indicate to add or delete each account from an existin PIM Household Group. How to complete the PIM Account Linkin Areement Form for SunWise Essential Series Contracts CI PRIVATE INVESTMENT MANAEMENT ACCOUNT LINkIN AREEMENT Investors of CI Private Investment Manaement (PIM) may link toether their accounts into one PIM Household Group for the benefit of reducin manaement fees and consolidated reportin. In order to be eliible for account linkin, the PIM Household Group must have a minimum areate balance of $250,000 in assets. DEFININ YOUR PIM HOUSEHOLD ROUP Accounts linked to a PIM Household Group must meet at least one of the followin conditions: Belon to the same individual, their spouse, or family member residin at the same address Be a corporate account, where one or more of the individuals in the PIM Household Group has a combined ownership of at least 50% votin equity. (Please provide a Corporate Resolution and Articles of Incorporation) Additionally, all accounts linked to a PIM Household Group must: Be manaed by the same financial advisor Have the same reistration type (i.e. nominee, intermediary, client name) Note: Chanes to the dealer and/or advisor for all accounts within the PIM Household Group require authorization from all members. In the case that a portion of the accounts are chanin the dealer and/or advisor information, separate PIM Household Groups will need to be established and will be subject to the mandate and/or account minimum. LINkIN ACCOUNTS Please provide the PIM accounts that you wish to add or delete for account linkin in the table below. Please also indicate the Primary Account. The Primary Account will dictate: the mailin address for all documentation for this PIM Household Group, includin quarterly PIM consolidated statements, year end tax slips and trade confirmations (if that is the arranement with your dealer), and advisor information for the PIM Household Group 1 DEFINE YOUR PIM HOUSEHOLD ROUP NAME The PIM Household Group name will appear on your PIM quarterly consolidated statements and trade confirmations. If a PIM Household Group name has not been defined, all documentation will default to the account reistration of the Primary Account. PIM Household Group Name: (maximum 50 characters) (complete for new PIM Household Groups only) 2 MANAIN YOUR PIM HOUSEHOLD ROUP In the table below, indicate the accounts you wish to add or delete for account linkin. If you are amendin the linkin of accounts that currently reside within an existin PIM Household Group, please indicate the existin PIM Household Group: Indicate an account number belonin to this existin PIM Household Group If no action has been indicated, it will be assumed that all accounts listed on this form are to be linked. Also, if a Primary Account has not been indicated on this form, the first account indicated in the table below will be assined as the Primary Account. Indicate a Primary Account* Account Information Action required CI account number (for new accounts, indicate wire order number) Plan type (i.e. Open, RRSP) Add account to this PIM Household Group Delete account from this PIM Household Group Account reistration CI account number (for new accounts, indicate wire order number) Plan type (i.e. Open, RRSP) Add account to this PIM Household Group Delete account from this PIM Household Group Account reistration 12 Advisor Administration Guide

15 2 MANAIN YOUR PIM HOUSEHOLD ROUP cont d Indicate a Primary Account* Account Information CI account number (for new accounts, indicate wire order number) Account reistration CI account number (for new accounts, indicate wire order number) Account reistration Plan type (i.e. Open, RRSP) Plan type (i.e. Open, RRSP) Action required Add account to this PIM Household Group Delete account from this PIM Household Group Add account to this PIM Household Group Delete account from this PIM Household Group * If the Primary Account becomes inactive, the account with the larest market value in the PIM will default as the new Primary Account for the PIM Household Group. 3 AUTHORIzATION In order to create a PIM Household Group, all clients indicated on all accounts must sin below and authorize. Note, for existin PIM Household Groups, all members of the PIM Household Group must authorize addin a new member, addin a new account(s) and/or modifyin the Primary Account. I (We) acknowlede and aree that: (i) Calculations of the tiered manaement fee rates will be applied upon receipt of the Account Linkin Areement, in ood order, by CI Investments Inc. Any modifications made to the Private Investment Manaement (PIM) Household Group (i.e., removin or addin accounts/contracts/members) will affect the manaement fee rates that are to be applied. (ii) I (we) and my (our) advisor are responsible for any modifications, cancellations or additions of accounts belonin to the PIM Household Group. CI Investments Inc. cannot automatically link any accounts without authorization from all members to do so, with the exception of existin linked Reistered Retired Savin(s) Plan accounts that rollover into Reistered Retirement Income Fund account(s). (iii) All members in the PIM Household Group will receive consolidated reportin from CI Investments Inc., includin a quarterly CI Private Investment Manaement consolidated statement, trade confirmations, if that is the arranement with my (our) dealer, and annual tax reportin. All documentation will be sent to the address defined on the Primary Account. Consolidated reportin will include all accounts that I (we) have identified as belonin to this PIM Household Group. Each member hereby arees to the delivery of all statements, confirmations and tax slips and receipts to the member(s) with the Primary Account and acknowlede that such delivery shall constitute delivery to each member the PIM Household Group. (iv) By areein to link my (our) CI Private Investment Manaement accounts to the PIM Household Group, personal, confidential and other information, includin each PIM Household Group member s Social Insurance Number which appears on tax slips and receipts, in my (our) accounts will be shared with all the other members in the PIM Household Group. (v) I (we) have read the Class E Dealer Service Fee Rate Areement or Dealer Service Fee Areement for Class O units and I (we) aree that if a PIM Household Group Level Dealer Service Fee rate exists on this PIM Household Group, that this PIM Household Dealer Service Fee rate will be applied to my (our) account(s). Client Name Client Sinature (Mandatory) Section 3 (Authorization) y Mandatory All members of the PIM Household Group and the advisor must sin and date this form. y How to choose a customized PIM Investment Advisory Fee. y The PIM investment advisory fee can be customized up to a maximum of 1.25%. The default advisory fee is 1% for balanced and equity funds, 0.5% for income funds and 0% for money market. y To customize your PIM Investment Advisory Fee, complete the CI Private Investment Manaement Dealer Service Fee / Service Fee Areement for Class O Mutual Fund Units, SunWise Essential Series and SunWise Essential Series 2 PIM Units Form. y Client(s) and the advisor must sin and date the form. y For a list of PIM fund codes and for further details on CI Private Investment Manaement proram, please visit Client Name Client Sinature (Mandatory) Client Name Client Sinature (Mandatory) Client Name Client Sinature (Mandatory) Advisor Sinature (Mandatory) Dealer Rep Code 13