We’ve sweetened the deal on term with great rates and more!

John Hancock Term is now more competitive than ever! Our new rates are top-tier in more places, with the most significant improvements for monthly premiums.

JH Term


  • Significantly improved monthly premiums
  • Lower 10-year term premiums for women
  • New Unemployment Protection rider
    • Will waive 12 months of premiums in the event that the insured becomes unemployed
  • Conversion feature that now extends to the end of the level term period



Please refer to the state approval map for most current state approvals. JHIllustrator will be updated as states are approved.

Please note: Policies cannot be issued, and JHIllustrator will not be updated until February 27, 2017.


Deadline Requirements
 March 10, 2017

The current John Hancock Term (‘16R) product will no longer be offered in states that have approved the new Term (‘17) product. However, in order to provide a transition period in approved states, John Hancock Term (‘16R) applications will be accepted through March 10, 2017.

 April 7, 2017

All John Hancock Term (‘16R) pending applications must complete the formal underwriting process and all administrative requirements to issue the policy must be received by John Hancock by April 7, 2017.

Should you already have an application in New Business and wish to have a Term (‘17) policy underwritten, please contact your Case Manager. Coinciding with the launch of the Term product, new submissions received at our service office prior to March 10th that do not specify the Term product version applied for (Term ‘16R or Term ‘17) will be set up under the Term (‘17) product. Please contact your Case Manager to make any changes to the product selected on pending cases submitted during the transition period. In states that have not yet approved the new Term (‘17) product, specific transition rules will be communicated as those state approvals are received.


Reissues of John Hancock Term (‘16R) policies to Term (‘17) will be considered only on John Hancock Term (’16R) policies that are within the Free Look period. Subject to normal underwriting practices, policies may require additional evidence to ensure health status has not changed.


Term-to-Term replacements are not allowed within the first policy year. Any replacement of an inforce policy (after the first policy year) would require replacement forms, be subject to full underwriting, and possibly result in reduced compensation. Please note that the six month product exchange feature is not available on Term products.

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

Copyright @2024 Premier Brokerage Services