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John Hancock Life Insurance rolls out new Universal Life Product

John Hancock Life Insurance continues to be one of the premier life carriers in the industry today.  They are continually improving upon their permanent product portfolio to be even more competitive in the marketplace.  We continually to applaud John Hancock with their contribution to our industry and with in our opinion some of the best underwriting in the industry. 

They currently introduced a new Universal Life Insurance product which is now more competitive and some fantastic guarantees, more below…

John Hancock: New Protection UL-G Offers Lifetime Guarantees at Competitive Premiums

John Hancock: New Protection UL-G Offers Lifetime Guarantees at Competitive Premiums

- New Guaranteed Universal Life Insurance Product Offers Attractive Death Benefit Guarantees(1) - Cash Value Advantage Rider Offers Cash Accumulation Opportunities - LifeCare Benefit Rider Provides Protection Against Long Term Care Costs

John Hancock Life Insurance today announced the launch of its new Protection UL-G product which offers competitively priced death benefit guarantees for as long as the insured’s lifetime.

“John Hancock’s new Protection UL-G product combines increased flexibility with real customer value,” said Steve Finch, President, John Hancock Life Insurance. “The new product offers lifetime guarantees and premiums that are clearly among the best in the industry. At the same time, clients can feel confident about the strength of the policy’s underlying guarantees.”

John Hancock is a unit of Manulife Financial Corporation (the Company), a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$385 billion (US$364 billion) as at September 30, 2008.

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