Improved income potential & rewards for healthy living!
John Hancock’s new Accumulation IUL with Vitality is now an industry leader in max funded, cash accumulation scenarios. The combination of competitive targets and the John Hancock Vitality Program provides more value for you and your clients.
Product Highlights
- MUCH IMPROVED retirement income potential
- EXPANDED indexed account options
- INCREASED target premiums at key ages
- NEW Annual Performance Summary making policy management easier
- The John Hancock Vitality Program which offers VALUABLE REWARDS AND DISCOUNTS for living healthy
State Approvals and Illustration System
Please refer to the state approval map for most current state approvals.
JHIllustrator will be updated as states are approved.
New Business and Underwriting Information
| DATES | DEADLINE REQUIREMENTS |
| April 17, 2017 |
NOTE THAT IF THE POLICY IS TO BE TRUST-OWNED, AT A MINIMUM THE INSURED’S SIGNATURE IS REQUIRED ON THE APPLICATION BY THIS DATE. IF SEEKING AN INFORMAL OFFER, the John Hancock home office must receive an Accumulation 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 an Accumulation 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. FOR NY REPLACEMENTS, the John Hancock home office must have received an Accumulation IUL ’15 application signed by the insured and owner in addition to a fully executed New York Definition of Replacement (NB4082NY), Notification and Authorization form (NB4084NY), and Important Notice Regarding Replacement (NB4081NY). |
| May 12, 2017 | 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). |
In-force Cases
Please consult John Hancock’s Internal Replacement Guidelines if you have a client considering replacing their existing John Hancock coverage.