More choice
Help meet clients' specific needs for added protection — offer them our new Chronic Illness rider or our Long-Term Care rider, each providing a different approach to covering the "what-ifs" of life
More flexibility
Clients can use their Chronic Illness rider’s benefit any way they choose, with no receipts required. Plus, you can sell the rider with only a life license
More opportunity
The Chronic Illness rider joins our abundance of product features and benefits — including our unique John Hancock Vitality Program, which offers savings and rewards for the everyday things your clients do to live a longer, healthier, better life
Strength. Stability. John Hancock.
With among the highest financial ratings in the industry and more than 160 years' experience, John Hancock provides life insurance solutions to more than 2.6 million policyholders* and paid over $5.7 billion in life insurance benefits in 2022.**
* Represents inforce John Hancock life insurance policyholders as of December 2022.
** Payments made in 2022 for life insurance death claims.
FOR AGENT USE ONLY. THIS MATERIAL MAY NOT BE USED WITH PUBLIC.
Insurance policies and/or associated riders and features may not be available in all states.
Some riders may have additional fees and expenses associated with them.
The Long-Term Care (LTC) rider is an accelerated death benefit rider and may not be considered long-term care insurance in some states. There are additional costs associated with this rider. The maximum monthly benefit amount is $50,000. When the death benefit is accelerated for long-term care expenses, it is reduced dollar for dollar, and the cash value is reduced proportionately. Please go to JHSalesHub.com to verify state availability. This rider has exclusions and limitations, reductions of benefits, and terms under which the rider may be continued in force or discontinued. Consult the state specific Outline of Coverage for additional details.
The Chronic Illness rider allows for a acceleration of the death benefit when the insured is certified as chronically ill. The maximum monthly benefit amount is the lower of $30,000 or the IRS per diem limit for a given month. Accelerated benefit payments under this rider reduce the death benefit dollar for dollar by the accelerated amount and reduce the policy value proportionately. There is a monthly charge for this rider. The benefits provided by this optional rider are designed to be excludable from gross income under federal tax law; however, there might be situations in which the benefits or charges for this rider are taxable. This rider is not long-term care insurance.
Financial strength ratings, which are current as of December 31, 2023, and are subject to change, apply to John Hancock Life Insurance Company (U.S.A.) as a measure of the company’s financial ability to pay claims and to honor any guarantees provided by the contract and any applicable optional riders. The ratings are not an assessment or recommendation of specific products, policy provisions, premium rates, performance of the products, the value of any investment in these products upon withdrawal, individual securities held in any portfolio, or to the practices of the insurance company. Financial strength ratings do not apply to the safety and performance of separate accounts.
Vitality is the provider of the John Hancock Vitality Program in connection with policies issued by John Hancock.
Insurance product issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116.
MLI020224489-1