Term, Universal, and Variable Life Insurance Products

By: John Hancock Life Insurance Company Of New York  09-12-2011
Keywords: Life Insurance, Insurance Company, Investment Management

Guaranteed product features are dependent upon minimum premium requirements and the claims-paying ability of the life insurance company issuing the life insurance contract.

Term Insurance, Universal Life Insurance:

Insurance products are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.

Insurance policies and/or associated riders and features may not be available in all states.

Variable Life Insurance:

Insurance products are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595 and securities offered through John Hancock Distributors LLC through other broker/dealers that have a selling agreement with John Hancock Distributors LLC, 197 Clarendon Street, Boston, MA 02116.

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. Refer to the product prospectus for additional information.

Variable universal life insurance has annual fees and expenses associated with it in addition to life insurance related charges (which differ with the product chosen), including surrender charges and investment management fees. Variable universal life insurance products are long-term contracts and are sold by prospectus. They are subject to market risk due to the underlying sub-accounts, and are unsuitable as a short term savings vehicle. The primary purpose of variable universal life insurance is to provide lifetime protection against economic loss due to the death of the insured person. Cash values are not guaranteed if the client is invested in the investment accounts. There are risks associated with each investment option, and the policy may lose value.

Keywords: Insurance Company, Investment Management, Life Insurance, Life Insurance Company

Contact John Hancock Life Insurance Company Of New York

Email

Print this page

Other products and services from John Hancock Life Insurance Company Of New York

09-12-2011

Fixed Products - John Hancock

Annuities other than Structured Settlements are a long term contract designed for retirement purposes such as asset accumulation, distribution and transference, and may not be suitable for meeting short-term objectives. John Hancock Assignment Company is the assignee obligated to make the payments to you backed by an insurance policy issued by John Hancock Life Insurance Company and John Hancock Life Insurance Company of New York.


09-12-2011

Fixed Annuities, Variable Annuities, and Annuity Products

Neither John Hancock Life Insurance Company, John Hancock Life Insurance Company of New York, John Hancock Distributors LLC, nor any of their representatives provide tax, accounting, or legal advice. Please consult your own independent adviser as to any tax, accounting, or legal statements made herein. Venture Combination Fixed and Variable Annuities are distributed by John Hancock Distributors LLC.


09-12-2011

529 College Savings Plans For Individuals & Families

In addition to 529 plans, college savings alternatives include Coverdell education savings accounts, UGMA/UTMA accounts, Series EE and Series I Savings Bonds, and taxable investment accounts. Tax-deferred growth on earnings and federal income tax-free distributions1 set 529 savings plans apart from other investment vehicles used to save for college.


09-12-2011

401(K) Plans, 401(K) Benefits - John Hancock

CFO Magazine 2008 Recordkeeper Survey data ***As of September 30, 2008****2006 LIMRA International 401Scorecard, John Hancock sold more plans in every segment <500 than any other provider in the survey. Guarantees of withdrawals provided under the “Guaranteed Income for Life Select” are supported by John Hancock USA’s general account and are contingent on the claims paying ability of John Hancock USA.