John Hancock Introducing New Chronic Illness Rider

From John Hancock

John Hancock's living-benefits portfolio just got even better with a recent addition of a new Chronic Illness rider! This rider, which is available for sale on Protection UL 22, Protection IUL 22R & Protection VUL 23, is an attractive alternative to John Hancock's LTC rider & provides Clients with flexibility & control when they need it. Note that this rider does not replace the existing LTC rider.

This is a great solution for producers not licensed to sell Long-Term Care rider or when an indemnity benefit is desired.

Flexible Benefits

  • Clients can use the benefit dollars for anything they choose — with no receipts required

  • If the death benefit increases, the chronic illness benefit pool can increase

Note: Only a life license is required to sell. The condition is not required to be permanent to qualify.

State Approvals

  • The new Chronic Illness rider has been approved for sale on Protection UL 22, Protection IUL 22R and Protection VUL 23 in all states except California, Guam, New York, Puerto Rico and South Carolina.

    Click to view the overview flyer for more details

Find out more about these changes from John Hancock...

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