Provide a comprehensive solution that can help your clients
Retirement “backstop” solution
Today’s clients face many retirement-planning challenges, from outliving assets to needing extended care and ensuring their loved ones’ financial security. A John Hancock permanent life insurance policy with our Chronic Illness rider can be an effective “backstop” against these risks.
Preserve primary retirement assets: Our Chronic illness rider gives clients access to the policy’s death benefit to help cover long-term care costs
Provide supplemental retirement income: Your clients can access their policy’s cash value to cover any unplanned needs that arise either before or during retirement
Protect loved ones: Your clients’ family will receive an income tax-free death benefit that can help them handle daily expenses and maintain retirement savings goals in the event of an untimely death
Use this client-approved flyer to help get this important retirement-planning conversation started today.
For more information, please contact your John Hancock sales representative or call National Sales Support at 888-266-7498, option 2.
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FOR AGENT USE ONLY. THIS MATERIAL MAY NOT BE USED WITH THE PUBLIC.
The Chronic Illness Rider is not available in New York.
The Chronic Illness rider allows for an acceleration of the death benefit when the insured is certified as chronically ill. The maximum monthly benefit amount is the lower of $30,000 or the IRS per diem limit for a given month. Accelerated benefit payments under this rider reduce the death benefit dollar for dollar by the accelerated amount and reduce the policy value proportionately. There is a monthly charge for this rider. The benefits provided by this optional rider are designed to be excludable from gross income under federal tax law; however, there might be situations in which the benefits or charges for this rider are taxable. This rider is not long-term care insurance.
Insurance policies and/or associated riders and features may not be available in all states.
Insurance products 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.
