John Hancock

 

 

 

 

 

John Hancock features multiple areas of interest to the serious Life Insurance agent, including 'non-smoker' rates ( 3 years ) while your clients quits, and an impaired risk underwriting department unusual in today's business environment.

 

Applications are not available on this site for John Hancock products. Please contact Hillary Hatcher for an application/applications. Please be sure to list the product(s) and state(s) you will need an application for.

Accumulation UL / VUL / SVUL

 

 

UL highlights

  • Issue ages 0 to 90
  • Minimum total face amount - $100,000
  • Maximum supplemental face amount at issue - up to four times the base face amount is allowed. Maximum coverage is subject to underwriting and retention limits
  • Quit smoking incentive
  • Riders - Waiver of monthly deductions, Cash Value Enhancement, ROP, Overloan Protection, LTC, Accelerated Benefit.
  • Interest Crediting Rate guaranteed 3%
  • Policy loans are available at any time after the policy is in force until age 121. Minimum amount is $500
  • Withdrawls are available after the first policy anniversary. Minimum amount is $500. Partial surrender charge may apply.

 

VUL highlights

  • Issue ages 0 to 90
  • Minimum total face amount - $100,000
  • Maximum supplemental face amount at issue - up to four times the base face amount is allowed. Maximum coverage is subject to underwriting and retention limits
  • Quit smoking incentive
  • Investment Options - Dollar Cost Averaging, Asset Allocation Balancer, 3% Guaranteed fixed account rate, Specified Monthly Deductions
  • Riders - Disability Payment of Specified Premium, Cash Value Enhancement, ROP, Accelerated Benefit, Change of Life Insured, Overloan Protection, LTC

 

SVUL highlights

  • Issue ages 20 to 90
  • Minimum Total face amount $250,000
  • Maximum supplemental face amount at issue - up to four times the base face amount is allowed. Maximum coverage is subject to underwriting and retention limits
  • Quit smoking incentive
  • Investment Options - Dollar Cost Averaging, Asset Allocation Balancer, 3% Guaranteed fixed account rate, Specified Monthly Deductions
  • Riders - Cash Value Enhancement, ROP, Overloan Protection Rider, Estate Preservation Rider, Policy Split Option

 

Information was taken from John Hancock product guides. See product guide for more information and details.

 

 

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Performance UL/SUL

 

 

UL highlights

  • Issue ages 0 to 90
  • Minimum total face amount - $100,000
  • Maximum supplemental face amount at issue - up to four times the base face amount is allowed. Maximum coverage is subject to underwriting and retention limits
  • Quit smoking incentive
  • Riders - Waiver of monthly deductions, Cash Value Enhancement, ROP, LTC, Accelerated Benefit.
  • Interest Crediting Rate guaranteed 3%
  • Policy loans are available at any time after the policy is in force until age 121. Minimum amount is $500
  • Withdrawls are available after the first policy anniversary. Minimum amount is $500. Partial surrender charge may apply. Partial withdrawls are factored into the Cumulative Premium Test, and will impact the NLG calculations.

 

SUL highlights

  • Issue ages 20 to 90
  • Minimum Total face amount $250,000
  • Maximum supplemental face amount at issue - up to four times the base face amount is allowed. Maximum coverage is subject to underwriting and retention limits
  • Quit smoking incentive
  • Riders - Cash Value Enhancement, ROP, Estate Preservation, Policy Split Option
  • Interest Crediting Rate guaranteed 3%
  • Policy loans are available at any time after the policy is in force. Minimum amount is $500
  • Withdrawls are available after the first policy year. Minimum amount is $500. Partial surrender charge may apply. Partial withdrawls are factored into the Cumulative Premium Test, and will impact the NLG calculations.

Information was taken from John Hancock product guides. See product guide for more information and details.

Don't see the forms you need here?

Click here to email an administrator

 

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Protection ULG/SUL/VUL/SVUL

 

SUL highlights

  • Issue ages 20 to 90
  • Minimum base amount $250,000
  • Quit smoking incentive
  • Late payment fo premium feature & Catch-up provision
  • Policy Protection Riders - Enhanced, Flex, Cash Value Advantage, Quick
  • Other riders - ROP, Disability payment fo specified premium, Estate Preservation Rider, Policy split option, cash value enhancement
  • Guaranteed interest crediting rate 3%
  • Policy loans are available at any time after the policy is in force. Minimum amount is $1,000
  • Withdrawls are available after the first policy anniversary. Minimum amount is $500. Partial surrender charge may apply. Partial withdrawls are factored into the Cumulative Premium Test, and will impact the NLG calculations.

ULG hihglights

  • Issue ages 0 to 90
  • Minimum base face amount $100,000
  • Quit smoking incentive
  • Late payment of Premium feature & Catch-up provision
  • Policy Protection Riders - Enhanced, Flex, Cash Value Advantage, Quick
  • Other riders - Disability payment of specified premium, ROP, Accelerated Benefit, Cash Value Enhancement, change of life insured, LTC
  • Policy loans are available at any time after the policy is in force. Minimum amount is $500
  • Withdrawls are available after the first policy anniversary. Minimum amount is $500. Partial surrender charge may apply. Partial withdrawls are factored into the Cumulative Premium Test, and will impact the NLG calculations. No charge assessed for a withdrawl.
  • Interest Crediting Rate guaranteed 3%

 

SVUL highlights

  • Issue ages 20 to 90
  • Minimum Total face amount $250,000
  • Maximum supplemental face amount at issue - up to four times the base face amount is allowed. Maximum coverage is subject to underwriting and retention limits
  • Quit smoking incentive
  • Investment Options - Dollar cost averaging, Asset Allocation Balancer, 3% Guaranteed Fixed Account Rate, Specified monthly deductions
  • Riders - Extended no-lapse guarantee, cash value enhancement, overloan protection, estate preservation, policy split option.
  • Policy loans are available at any time after the policy is in force. Minimum amount is $500
  • Withdrawls are available after the first policy year. Minimum amount is $500. A partial surrender charge may apply. Partial withdrawls are factored into the Cumulative Premium Test, and will impact the NLG and ENLG calculations.

 

VUL highlights

  • Issue ages 0 to 90
  • Minimum total face amount
    $100,000
  • Maximum supplemental face amount at issue - up to four times base face amount is allowed. Maximum coverage is subject to underwriting and retention limits
  • Quit smoking incentive
  • Investment options - Dollar Cost Averaging, Asset Allocation Balancer, 3% Guaranteed Fixed Account Rate, Specified Monthly Deductions
  • Riders - Extended No-Lapse Guarantee, Disability Payment of Specified Premium, Cash Value Enhancement, Accelerated Benefit, Overloan Protection, LTC
  • Policy loans are available at any time after the policy is in force. Minimum amount is $500
  • Withdrawls are available after the first policy anniversary. Minimum amount is $500. A partial surrender charge may apply

 

Information was taken from John Hancock product guides. See product guide for more information and details.

 

 

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Protection WL

 

WL highlights

  • Issue ages 0 to 90
  • Minimum total face amount $50,000
  • Maximum total face amount $20,000,000 per insured, subject to underwriting and retention limits
  • Riders - Total Disability Waiver, Accelerated Benefit, LTC
  • Policy loans are available at any time after the policy is in force. Minimum amount is $500

 

 

 

Information was taken from John Hancock product guides. See product guide for more information and details.

Don't see the forms you need here?

Click here to email an administrator

 

 

 

 

 

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Term Life Insurance
 

 

 

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Term highlights

  • Guaranteed level premium term - 10, 15, or 20 year
  • Issue ages - 10 yr 18 to 80 ; 15 yr 18 to 75 ; 20 yr 18 to 65
  • Renewable through age 64
  • Minimum face amount $750,000
  • Maximum face amount - none, however the maximum face amount is subject to underwriting, retention limits and reinsurance considerations
  • Riders - Convertibility, Total Disability Waiver, Accelerated Benefit, Conversion Extension

 

 

Information was taken from John Hancock product guides. See product guide for more information and details.
 

 

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