Exciting product news! John Hancock introducing LifeCare
02-03-2025
A hybrid indexed UL with LTC benefits that delivers more
We are thrilled to introduce LifeCare, a hybrid indexed UL life insurance solution with long-term care benefits. This product offers your clients a unique way to reposition assets today for a more secure tomorrow.
LifeCare’s modern design, intuitive digital application, streamlined underwriting process, and integration with the John Hancock Vitality Program make it a compelling life insurance choice for today’s customers.
Where LifeCare stands out
- More when you need it: Much higher death benefits and cash value growth potential with a very competitive Maximum Monthly Benefit Amount (MMBA) when it's needed the most
- Growth with guarantees: The Annual Benefit Lock Guarantee feature provides the potential to lock in increases to the death benefit and MMBA at each policy anniversary through positive index performance
- Indemnity & reimbursement: At claim, indemnity payments up to the per-diem and reimbursement above that amount, both on a tax-favored basis
- John Hancock Vitality PLUS: Offers customers a unique opportunity to enhance benefit growth and align to a key desire: More healthy days*
Submission and underwriting highlights
- Four available risk classes
- Potential for instant underwriting decision — and these submissions are generally issued within 7 business days
- Traditional paramedical exam/labs not required