Beginning January 1, 2020, John Hancock – like all U.S. life insurers – must issue any new life insurance policy on the 2017 Commissioners Standard Ordinary (CSO) Table. Policies that are not 2017 CSO compliant will need to be issued and the initial premium must be processed and applied by December 31, 2019. For additional information, refer to the details below.

John Hancock Products already 2017 CSO Compliant:

The following John Hancock products are already 2017 CSO compliant, and will continue to be available for sale after January 1, 2020:

  • Protection UL 18
  • Protection VU L 17
  • Protection IUL 18

John Hancock NY Products already 2017 CSO Compliant:

Protection IUL 18 is already 2017 CSO compliant and will continue to be available for sale after January 1, 2020.

John Hancock Products that will be replaced before the December 31, 2019 Deadline:

The following John Hancock products currently utilize the 2001 CSO Table and will be replaced with 2017 CSO-compliant versions later this year (subject to state approval). As the following products are not 2017 CSO compliant. they must be issued and the initial premium must be processed and applied by December 31, 2019

  • Accumulation IUL 18
  • ¬†Accumulation VUL 14
  • Protection Survivorship IUL 16
  • Protection Survivorship UL 13
  • Protection Term 19
  • Vitality Term 19
  • One-Year Term

John Hancock NY Products that will be replaced before the December 31, 2019 Deadline:

The following John Hancock products currently utilize the 2001 CSO Table and will be replaced with 2017 CSO-compliant versions later this year (subject to state approval). As the following products are not 2017 CSO compliant. they must be issued and the initial premium must be processed and applied by December 31, 2019:

  • Accumulation IUL 17
  • Accumulation VUL 14
  • Protection Survivorship IUL 13
  • Protection Survivorship UL 13
  • Protection Term 19
  • Protection UL 16
  • Protection VU L 12\
  • One-Year Term

John Hancock Products that will be retired:

The following products will be withdrawn, without a successor product available. Policies will need to be issued and the initial premium must be processed and applied by December 31, 2019, for customers wishing to purchase one of these products:

  • Survivorship UL-G
  • UL-G
  • Survivorship VUL (we expect to offer a 2017 CSO compliant version in first half of 2020)

John Hancock NY Products that will be retired:
Survivorship VUL will be withdrawn, without a successor product immediately available. However, we expect to offer a 2017 CSO-compliant version within the first half of 2020. Survivorship VUL policies will need to be issued and the initial premium must be processed and applied by December 31, 2019.

John Hancock Deadline for all states issuing products based on the 2001 CSO Table

John Hancock’s Life New Business and Underwriting teams have established the following deadlines to ensure the impacted products can be issued and the initial premium processed and applied by year-end:

  • December 06, 2019: All requirements, including a signed application and signed illustration, must be received by New Business
  • December 20, 2019: At least the Minimum Initial Premium to place the policy in force must be received by John Hancock
  • December 31, 2019: Deadline for policies to be issued and delivered based on 2001 CSO Table

Due to state regulations, there can be no exceptions to the December 31, 2019 deadline.

Corporate Headquarters:
604 Harper Avenue, Jenkintown, PA 19046 | P: 800.543.5555 / 215.517.4080 | F: 800.343.0804 / 215.517.4087

Miami Office:
3470 NW 82nd Avenue, Suite #670, Doral, FL 33122 | P: 800.683.3077 / 305.908.6700 | F: 800.482.1400

Securities offered through The Leaders Group, Inc. Member FINRA/SIPC 26 W. Dry Creek Circle, Suite 800, Littleton, CO 80120, 303-797-9080.

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