Sun Life Financial

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Inforce services

• Account changes
• Transfers
• Withdrawals
• Death benefit/ACPL
• Sales representative appointment
• Communications
• Liquidation Pending Account

Transfers

The Participant may transfer all or part of the Account Value to one or more Sub-Accounts or Guarantee Periods, subject to the conditions set forth in the appropriate product legal document.

Transfers shall be subject to the following conditions:

• not more than 12 transfers may be made in any Account Year; (15 for Sun Investor and SI accounts)
• a minimum of six (6) days must elapse between transfers to and from the Sub-Accounts;
• a minimum of 30 days must elapse between transfers to and from the Guaranteed Periods;
• the amount being transferred from a Sub-Account may not be less than $5,000 (U.S.) [$10,000 (U.S.) for Sun Secured Advantage], unless the total Account Value attributable to a Sub-Account is being transferred;
• any Account Value remaining in a Sub-Account may not be less than $5,000 (U.S.) (10% of value in the Sub-Account prior to the transfer for Sun Secured Advantage);
• the total Account Value attributable to a Guaranteed Period must be transferred;
• allocations to an approved dollar-cost averaging program may not be achieved by transfer;
• transfers may be subject to other restrictions imposed by the Funds and set forth on the Fund Addendum;
• transfers under Optional Programs are subject to special restrictions as stated on the appropriate Transfer Request form;

The following three transfer conditions apply to Sun Secured Advantage, Sun Secured Advantage Plus, SSA Plus, Sun Investor and SI:

• transfers may not be processed until all prior account transactions have reached their Settlement Date;
• transfers may not be processed within six (6) days prior to any scheduled automatic transactions; and
• due the nature and timing delays of some Mutual Fund Sub-Accounts, transferring or rebalancing amongst such funds might not be permitted

In addition, transfers of a Guarantee Amount (except the transfer of interest credited to such Guaranteed Interest Period during the current Account Year and transfers made in connection with an approved dollar-cost averaging program) will be subject to an Adjustment described in the appropriate product legal documents unless the transfer is effective within 30 days prior to the Renewal Date applicable to the Guaranteed Period.

SLB 2579 0721 Exp. 0723