Life Insurance Policy

Making the right choice

When you're selecting a life insurance policy, you actually have two choices to make. The first, of course, is which kind of policy is right for you. Because life insurance products vary widely in their cost, your choice of policy depends a great deal on your financial circumstances as well as your financial goals. The life insurance policy you may choose starting out in life is not the same policy you want as you near retirement. That's where your second choice comes in - the choice of a life insurance provider. The right insurance company will not only help you select the best policy, but will be there for you and your family throughout your life, providing strategies to achieve your financial goals.

Let John Hancock help you select the right life insurance policy

With a long history of helping our clients to reach their financial goals, John Hancock is a life insurance company you can trust to help you select the right policy for your needs. Offering a rich variety of insurance products and policy options, you can count on John Hancock to be a significant financial resource at every stage of your life. Our financial professionals provide independent review and analysis of your financial goals and can help you choose not only the right policy, but wise investment products to help you build wealth for retirement, college savings and more.

Which life insurance policy is right for you?

The life insurance policy you need depends both on your goals and your resources. Early in your life, when your finances may be a little tighter, a term policy may be the way to go. Term life insurance provides protection for your family for a certain period, or term, but accrues no value and is therefore less expensive. A whole life policy is permanent insurance that you own through your lifetime, accruing a cash value which grows on a tax deferred basis. A universal life insurance policy is also permanent insurance and accumulates cash value, but provides more flexibility in payment of premiums. After reviewing your financial goals and position, your John Hancock financial professional can recommend the right policy for you.

For more information on selecting the right life insurance policy, click here.