John Hancock’s new Protection IUL is now an even more competitive product across all funding scenarios. With low premiums, competitive cash value growth potential, and the John Hancock Vitality Program, the new Protection IUL delivers more value for you and your clients.

Product highlights

  • Broadly improved premium solves
  • Strong downside protection in lower return years
  • Enhanced indexed account suite – with higher guaranteed multipliers beginning in year 1
  • Competitive no-lapse guarantee durations
  • The John Hancock Vitality Program -now available up to issue age 90

New Business and Underwriting information

Protection IUL ’18 has improved in almost all scenarios for your clients. The older Protection IUL ’15 product will continue to be offered through November 30th (see full transition dates below).

If you have a pending case in New Business, we encourage you to run a Protection IUL ’18 illustration to see if your client will benefit from the new product’s improvements. If you wish to have the Protection IUL ’18 policy issued, a revised illustration is required.

Applications for Protection IUL ’15 will continue to be accepted until November 30, 2018, provided the following requirements are met:

November 30,2018

If seeking an informal offer, the John Hancock home office must receive a Protection IUL ’15 illustration signed by the insured and owner, and a tentative underwriting decision must be obtained by this date.

If seeking a formal offer, the John Hancock home office must receive a Protection IUL ’15 application signed by the insured and owner by this date. An illustration on the case is also required.

For a Term Conversion, the John Hancock home office must receive a Term Conversion application signed by the insured and owner by this date.

January 31, 2019 John Hancock must have provided a final underwriting offer, received all administrative requirements to issue the policy, and received confirmation to proceed with the 1035 Exchange (if applicable).


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

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

GBS Insurance and Financial Services, Inc. is not affiliated with The Leaders Group, Inc. You may check the background of investment professionals on FINRA Broker Check

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