John Hancock Re-Prices Protection SUL
From John Hancock:
Repriced to start the new year, Protection SUL continues to be an industry leader in providing affordable survivorship UL coverage. What’s more, that competitive pricing includes strong guarantees and John Hancock Vitality PLUS — adding up to standout value for your clients.
Our newly repriced Protection SUL offers:
Industry-leading premiums for level-pay, short-pay and single-pay scenarios
Strong no lapse guarantees with attractive cash value potential — especially compared to guaranteed SUL products
Significant savings and rewards for healthy living through Vitality PLUS
Enhanced target premiums, offering an additional 30% target on single-pay and other early funding scenarios
Transition Rules
Protection SUL '19 Reprice is available for sale as of January 1, 2022.
Prior versions sunset in 2021, eliminating any additional transition period