October 17, 2008
Effective November 28, 2008, John Hancock's 30 Year Term product will no longer be available for sale. While this was a difficult decision, please keep in mind that the 30 Year Term product historically represents less than 10% of term sales.
New Business and Underwriting Information
John Hancock 30 Year Term will no longer be offered in any states. In order to provide a transition period, the following must be received in our Life New Business and Underwriting Department:
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November 28, 2008 - Application for 30 Year Term or tentative underwriting offer
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December 12, 2008 - All final underwriting requirements
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December 19, 2008 - Life New Business must have issued a final underwriting offer and received all issue requirements to proceed to issue the policy in 2008
Illustration Systems
John Hancock's 30 Year Term will be removed from the JH Illustrator and eHansel on November 10, 2008.
For agent use only. Not for use with the public.
Insurance policies and/or associated riders and features may not be available in all states.
Insurance products are issued by John Hancock Life Insurance Company (U.S.A), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595. MLINY10160810235
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