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Strength. Stability. John Hancock. John Hancock is among the highest-rated companies for financial strength and stability as demonstrated by its A+ rating from A.M. Best. 15 Financial strength ratings are a comprehensive measure of a company’s financial strength and stability, and are important as they reflect a life insurance company’s ability to pay claims in the future. With 160 years of experience, John Hancock offers customers a diverse range of insurance products and services through its extensive network of employees, agents, and distribution partners.
1. 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. 2. Policy issuance is not guaranteed as any life insurance purchase is subject to completion of an application, including health questions, and underwriting approval. John Hancock may conduct a post-issue quality review to verify the accuracy of the information in the application received. This may include — but is not limited to — a request for medical records. A policy may be rescinded if the review of post-issue information reveals a material misrepresentation. 3. The Return of Premium (ROP) rider allows for a return of a portion of the premiums at the end of the level term period or earlier if the policy is terminated prior to that point. The ROP benefit will begin as early as the second policy anniversary and the percentage of premiums available to be returned increases gradually over the term duration to a maximum of 100% at the end of the level term period. The ROP Rider is only available for term durations 25 and 30 and only for Standard or Preferred non-tobacco risk classes. There is an additional cost for this rider. 4. Certain aspects of Aspire may change over time. There is no coordination between Aspire and any health benefits your clients may receive from an insurance policy, health plan, or any other wellness programs they may be enrolled in. The Onduo portion of Aspire is not available with Simple Term products. 5. Life insurance death benefit proceeds are generally excludable from the beneficiary’s gross income for income tax purposes. There are few exceptions such as when a life insurance policy has been transferred for valuable consideration. Comments on taxation are based on John Hancock’s understanding of current tax law, which is subject to change. No legal, tax or accounting advice can be given by John Hancock, its agents, employees or licensed agents. Prospective purchasers should consult their tax professional for details. 6. The amount of Vitality PLUS premium refund is based on several factors, including underwriting assessment, the terms of the policy and the level of the insured's participation in the John Hancock Vitality Program. 7. Apple Watch program is not available in Puerto Rico. Apple Watches ordered through John Hancock Vitality may not be shipped to addresses in Guam. Once you become a Vitality PLUS member and complete the Vitality Health Review (VHR), you can order Apple Watch by electronically signing, at checkout, a Retail Installment Agreement with the Vitality Group, for the retail price of the watch. After an initial payment of $25 plus tax, over the next two years monthly out-of-pocket payments are based on the number of Standard Workouts (10,000 to 14,999 steps) and Advanced Workouts (15,000 steps) or the applicable Active Calorie or heart rate thresholds. The step counts required for Standard and Advanced Workouts are reduced for members beginning at age 71+. One-time upgrade fees plus taxes apply if you choose (GPS + Cellular) versions of Apple Watch, larger watch case sizes, certain bands and case materials or Apple Watch Ultra. For more information, please visit JohnHancock.com. Apple is not a participant in or sponsor of this promotion. Apple Watch Ultra, Apple Watch Series 8, and Apple Watch SE require an iPhone 8 or later with iOS 16 or later. Apple Watch is a 9. REI is not affiliated with the John Hancock Vitality Program. REI does not sponsor, endorse or have any responsibility for this promotion. 10. HealthyFood savings are based on qualifying purchases and may vary based on the terms of the John Hancock Vitality Program. The HealthyFood program is currently not available in Guam. 11. Travel discounts are valid for 1 booking per program year. The amount of discount will vary based upon the Vitality Member’s Vitality status (Bronze, Silver, Gold, Platinum) and will only apply to the first $1000 of the booking cost. 12. For Amazon.com Gift Cards, restrictions apply, see Amazon.com/GC-legal. 13. After an initiation fee, the balance of the cost of Apple Watch Series 8 is spread out over 24 months. Stated savings for Apple Watch Series 8 is based on a $15.50 monthly rate, paying $0 per month, which is a $186 savings in year one with potential for an additional $186 savings in year two for a $372 total savings over two years. 14. Based on a two-night stay booked on Expedia.com at Crowne Plaza Key West-La Concha, Key West, FL, (August 2022), room rate $359 per night, excluding applicable taxes. registered trademark of Apple Inc. All rights reserved. 8. When you reach Platinum status three years in a row. 15. Second highest of 13 ratings (superior ability to meet ongoing insurance obligations). Financial strength rating is current as of December 31, 2022, is subject to change, and applies 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 company has also received additional financial strength ratings from other rating agencies. Financial strength ratings are not an assessment, recommendation, or guarantee of specific products and their investment returns or value, do not apply to individual securities held in any portfolio or the practices of an insurance company, and do not apply to the safety and performance of separate accounts. For agent use only. Not for use with the public. To be eligible to earn rewards and discounts by participating in the Vitality program, the insured must register for Vitality and complete the Vitality Healthy Review (VHR). John Hancock Vitality Program rewards and discounts are available only to the person insured under the eligible life insurance policy. Rewards and discounts are subject to change and are not guaranteed to remain the same for the life of the policy. Insurance products issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116. MLI020123202-1
Simple Term with Vitality Highlights
The Return of Premium rider
John Hancock Vitality PLUS
Get rewarded with Vitality
Case study with Vitality PLUS
Specifications
Frequently Asked Questions
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