John Hancock Drops Minimum Term Face Amounts From $750K to $250K

From John Hancock:

Reach more clients with expanded term options

Introducing reduced face amounts — as low as $250,000!

To help you meet the life insurance needs of even more term clients, John Hancock has reduced the minimum face amount for Vitality Term and Protection Term. See the details below, along with additional features that can help you place more term business:

Expanded face amounts — now available as low as $250,000 (previously $750,000). Note: any applications with a face amount of $749,999 or less should be submitted via the John Hancock flex complete process on iPipeline iGO or through our JH eApp (not eligible for ticket submission)*Competitively priced protection — clients can select guaranteed-level premiums for 10, 15, 20 or 30 years**Potential to lower premiums through everyday healthy activities — clients can earn valuable rewards and discounts with John Hancock Vitality.F