1. 1 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Product Portfolio Review Mike Joyal – Key Account Manager Doug Bowden – Director, Advanced Markets December 3 rd, 2008 - 11:30 AM EST

2. 2 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Universal Life  No-Lapse Guarantee: Sun Universal Protector (LP5) Sun Survivorship UL (LP5)  Business Market: Sun Executive UL  Current Assumption: Sun Universal ProtectorPlus™ (with LTC Rider) Sun Life Product Portfolio Sweet Spots VERY strong ages 45 - 70 & 75 - 85 Sweet Spots Lowest Premium Ages 40 - 65 Strong Cash Accumulation Premium financing Sweet Spots “one of a kind” Business Sponsored GI at 10+ lives

3. 3 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Variable Universal Life  Death Benefit Protection: Sun Protector VUL  Business Market: Sun Executive VUL  Accumulation: Futurity Accumulator VUL  Survivorship: Futurity Survivorship VUL Sun Life Product Portfolio Sweet Spots Lowest premium (#1 or #2) ages 40 – 60 Very strong no-lapse guarantees Excellent Fund Options Sweet Spots Strong Cash Accumulation 20 year no-lapse protection included Sweet Spots Business Sponsored GI at 10+ lives

4. 4 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC.  Product Riders and Enhancements  Charitable Giving Benefit Rider  Assist America  Long Term Care Rider  Accelerated Benefits Rider  1035 Backdating Advantage Sun Life Product Portfolio Pays 1% of the face amount in addition to the base policy death benefit to a 501c charity of your choice no additional cost ! Coverage for: Nursing Home Care Home Health Care Assisted Living Adult Day Care A unique 24/7 travel assistance program for policy owners, spouses and their dependents no additional cost ! Up to 75% of the death benefit can be paid to the policy owner if the insured is terminally ill no additional cost ! Premiums /1035 monies will be applied as of a back-date, earning up to 12 months interest in the first policy year no additional cost !

5. 5 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Janice Forgays Vice President 800-432-1102, ext. 1846 janice.forgays@sunlife.com janice.forgays@sunlife.com Jerry Weihs Director 800-432-1102, ext. 1746 jerry.weihs@sunlife.com Deborah Moon Director 800-432-1102, ext. 1838 deborah.moon@sunlife.com Rose Watson Director 800-432-1102, ext. 7196 rose.a.watson@sunlife.com Sun Life Product Portfolio  Innovative Case Design and Analysis  Sun Life’s team of Advanced Market Specialists consists of attorneys, case and product design and illustration experts  Key Areas of Design Expertise:  Wealth and Income Planning  Business Planning  Retirement Planning  Estate Planning  Charitable Giving Planning Illustration Experts (Sun Life Sales Desk) 800-432-1102 Ext. SALE (7253) Software Sun Solutions © Sun Life Ascent © WinFlex (web only) Doug Bowden Director 800-432-1102, x2450 douglas.bowden@sunlife.com Greg Faux Director 800-432-1102, x1817 greg.faux@sunlife.com

6. 6 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Workshop Breakout SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC.

7. 7 Sun Life Product Portfolio Sun Universal Protector (LP5) & Sun Survivorship UL (LP5) Flexible No Lapse Guarantee Periods  LP5  Short pays  Premiums to age 100  Funding to Life Expectancy  Catch-up Provision Riders and Enhancements  Industry-first Assist America Feature  Innovative Charitable Giving Benefit Rider  Accelerated Benefits Rider  1035 Backdating Advantage  30 Day Late Payment of Premium Provision Where does the Product work best? Where doesn’t the Product work? #1 Product Seller at Sun Life

8. 8 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio Sun Protector VUL  Highly Competitive Premiums  Ranked # 1or 2 at ages from 40 to 65  Highly competitive underlying No-Lapse Guarantee  No additional cost & No investment restrictions  Significant Potential for Cash Growth  Ranked # 1 at almost all 10, 20, and 30 year durations  Waiver of Premiums Rider, Term Rider, Modified Surrender Charge Rider and Over Loan Protection Rider  Zero COI’s over age 100  DB Options – Level, Increasing, Increasing to Level  23 Five & Four-Star Morningstar rated funds Lifetime no-lapse guarantee rider available

9. 9 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. 57 Options Across 19 Fund Families! Asset Management Protector VUL Fund Options

10. 10 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio Sun Executive UL & VUL (Business Insurance)  Business Owned OR Business SPONSORED  High Target Premiums with Heaped Commissions  Trail commissions on UL and VUL beginning in year six  Underwriting Flexibility  GI (guaranteed issue / ages 20 - 70): 10+ lives  XGI (simplified issue ages 20 - 75): 5+ lives  Full Medical Underwriting (ages 20 – 80) Sweet Spots Ages 35 to 55 Over-funding of Premiums Short to Moderate Funding Scenarios Cash Accumulations and Income Generation Accumulation Product Design

11. 11 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio  Sun Executive UL & VUL Business Insurance (cont.)  High First Year Cash Values  No Surrender Charges  Employer Sponsored  Innovative Features (at no additional cost)  Assist America Benefit  Charitable Giving Benefit Rider  Overloan Protection Rider  Term Blend  GPT or CVAT design  Return of Premium Sales Concepts 162 Bonus Key Person Non-Qualified Deferred Compensation Buy-Sell

12. 12 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. 57 Options Across 19 Fund Families! Asset Management Sun Executive VUL: 9 American Funds And for Sun Executive VUL 9 American Funds

13. 13 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio  Sun ProtectorPlus with LTC Rider  Top Tier Player  COI’s reduced 3 – 8% for ages 40–65  Very strong cash accumulation and low premiums !  Return of Premium  Long Term Care  Meet multiple client needs  ‘One of a Kind’ Features  Assist America Benefit  Charitable Giving Benefit Rider ProtectionValue Flexibility Flexibility

14. 14 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio VUL – Futurity Accumulator II and Futurity Survivorship II  Very strong cash accumulation  Automatic 20 Year or Age 80 No-Lapse Guarantee  Term Insurance Blend  Wash Loans (beginning in year 11)  Level and increasing death benefit options  Optional Programs:  Asset Allocation  Dollar Cost Averaging  Portfolio Rebalancing

15. 15 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Charitable Giving Benefit Rider*  Appeals to affluent, philanthropic-minded clients  Provides a Death Benefit in addition to the base policy  Payable to one or more 501(c) Charities  Benefit = 1% of the Face Amount / Maximum = $100,000  Selected at time of policy issue (can be changed)  Owner may receive a tax deduction**  Available at no additional cost *Not available in all states **Owner should consult their own tax advisor *Not available in all states Sun Life Product Portfolio

16. 16 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Assist America ® Benefit  A unique benefit for policy owners and their immediate dependents  24/7 access to travel assistance  Available when traveling 100 miles or more away from home, in the U.S. or Internationally  A worldwide network of 600,000+ medical professionals  Access to U.S. quality care with hospital admission guarantee Affluent clients travel extensively for both pleasure & business Sun Life Product Portfolio

17. 17 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio Assist America ® Benefit (cont.) Services Offered Include:  Medical consultation, evaluation, referral and case management  Emergency evacuation and medically supervised repatriation  Prescription assistance  Lost luggage or document assistance  Legal and interpreter referrals  Emergency message transmission

18. 18 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio Long Term Care Rider (only available on “Protector Plus”)  Accelerated Death Benefit  Coverage for:  Nursing Home Care  Home Health Care  Assisted Living  Adult Day Care  Benefit Period: 50+ months  90 day elimination  NO elimination period for Home Care!  Reimbursement Model

19. 19 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio Long Term Care Rider (cont.) Benefit Amounts Simple options: Maximum Benefit Amount Maximum Monthly Benefit Amount $250,000 $5,000 / month $500,000 $10,000 / month $1,000,000 $20,000 / month Sun Life offers a residual death benefit of $25,000 in the event that the death benefit is exhausted under the terms of the rider. The Long Term Care Rider is an “accelerated benefits rider” and makes payments based on the reimbursement method allowing clients greater flexibility to extend their 50 month reimbursement period, and potentially avoid the creation of taxable income. The rider is available for all policies with face amounts greater than $250,000.

20. 20 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio 1035 Backdating Advantages and Interest Crediting  The benefits of the 1035/lump sum money is that it is applied as of the policy’s effective date of coverage (the backdated issue date,) and receives up to 12 months of credited interest in the first policy year  The client receives a policy with a lower issue age (by one year)  The client receives the benefit of a lower single premium at the younger issue age  The premium is the same as if the client were actually one year younger (age nearest)

21. 21 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio Advanced Case Design Planning Tools  Sun Solutions Plus and Sun Solutions Ascent  Welis – Sun Executive Products  Calculators  Estate Annuity Max  Municipal Bond Alternative  Leveraged Credit Shelter Trust  The Retirement NIMCRUT  IRA Planning Analyzer Turn-Key Marketing Programs

22. 22 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio Sun Solutions Software (4.8.2) Sun Solutions Ascent (1.5.1)

23. 23 SLPC #19721 SLOC/SLUS/SLNY (12/08) Exp (6/10) FOR PRODUCER USE ONLY. NOT FOR USE WITH THE PUBLIC. Sun Life Product Portfolio THANK YOU