JH Case Study

Simple Term with Vitality A case study showing premium cash back, 100% ROP Rider, and savings for healthy living Simple Term with Vitality is life insurance that can help give you the peace of mind that your loved ones are financially protected — while also offering you a premium cash-back feature, the protection of the Return of Premium rider, and rewards for living healthy. In fact, the total value you realize from those features can add up to a significant amount! Take a look at this example. One client’s story Meet Linda, 35, a busy and healthy career mom who wants her two young children to be financially protected if something happens to her. At the same time, she aspires to stay healthy to enjoy life with her children for years to come. To help her achieve these goals, Linda purchased a 25-year Simple Term with Vitality policy with the Return of Premium rider, paying $288 monthly for $500,000 of protection (or $3,456 annually). The following shows Linda’s savings after one year through the Vitality PLUS program and the cash-back feature. See how the savings can add up

Linda’s cash back, rewards & discounts

She saves

Received 15% premium cash back (by achieving Platinum Vitality Status) 1

$518

With her policy, Linda earned $518 in premium cash back as well as rewards and discounts through healthy living.

Apple Watch ®2

$186

Bought nutritious groceries throughout the year 3

$200

$180

Received 25% off at Expedia.com 4

Chose iTunes gift card through the Vitality app (other options were Starbucks and Amazon)

$5

Annual cost of policy

$3,456

Annual potential savings from policy features

$1,089

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How it works

Start earning cash back and rewards! For more information contact: Name: _________________________________ Email: _________________________________ Telephone: _________________________________

Linda's policy was issued electronically within minutes of an approved application Linda registered with John Hancock Vitality online and chose to earn an Apple Watch for an initial payment of $25 plus tax with regular exercise She earned Vitality Points and increased her Vitality Status through health-related activities like exercising, eating well and getting her annual flu shot Linda’s hard work paid off! After just six months, she reached Platinum status She earned premium cash back and rewards for the year ahead

1. Premium refunds for the Simple Term product are based on factors like underwriting, the terms of the policy, and the level of the insured’s participation in the John Hancock Vitality program. Your John Hancock representative can provide you additional information on policy costs, coverage amounts, potential premium refund amounts, and other coverage details, to help you determine if this policy is suitable for your needs. 2. 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 additional $186 savings in year two for a $372 total savings over two years. Apple Watch program is not available in New York or 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, and certain bands and case materials. For more information, please visit JohnHancock. com. Apple is not a participant in or sponsor of this promotion. Apple Watch is a registered trademark of Apple Inc. All rights reserved. 3. 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. 4. 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. Products or services offered under the Vitality Program are not insurance and are subject to change. There may be additional costs associated with these products or services and there are additional requirements associated with participation in the program. For more information, please contact the company at JohnHancock.com or via telephone at 888-333-2659. 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. The life insurance policy describes coverage under the policy, exclusions and limitations, what you must do to keep your policy in force, and what would cause your policy to be discontinued. Please contact your licensed agent or John Hancock for more information, costs, and complete details on coverage to help you determine if this policy is suitable for your needs. Availability of policies, features, and benefits may vary by state. 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. For Amazon.com Gift Cards, restrictions apply, see www.amazon.com/gc-legal for complete terms, restrictions and exceptions. Rewards and discounts are subject to change and are not guaranteed to remain the same for the life of the policy. Some riders may have additional fees and expenses associated with them. John Hancock Vitality Program rewards and discounts are available only to the person insured under the eligible life insurance policy. Vitality Rewards may vary based on the type of insurance policy purchased for the insured. Vitality is the provider of the John Hancock Vitality Program in connection with policies issued by John Hancock. John Hancock Vitality Program rewards and discounts are available only to the person insured under the eligible life insurance policy, may vary based on the type of insurance policy purchased and the state where the policy was issued, are subject to change and are not guaranteed to remain the same for the life of the policy. Some riders may have additional fees and expenses associated with them. Insurance policies and/or associated riders and features may not be available in all states. 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.

The merchants represented are not sponsors of John Hancock Vitality or otherwise affiliated with John Hancock Vitality. The logos and other identifying marks attached are trademarks of and owned by each represented company and/or its affiliates. Please visit each company’s website for additional terms and conditions. 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). Insurance products issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116. MLI011723357-1 Page 2 of 2. Not valid without all pa ges.

Policy Form Series: ICC21 21LFTERMHE, 21LFTERMHE Rider Form Series: ICC21 21TERMROPR, 21TERMROPR

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