New Accumulation VUL: flexible protection, unlimited potential
03-17-2025
New Accumulation VUL: flexible protection, unlimited potential
Offer your clients an outstanding option to reinforce their financial future. Our newly enhanced Accumulation VUL provides a compelling combination of strong tax-deferred cash value accumulation and cost-effective death benefit protection. Discover how this innovative product can deliver remarkable value.
Key highlights
- Strong retirement income: Help clients achieve retirement-income goals, especially in pay-to-retirement scenarios
- Improved premium solves: Deliver cost-effective death benefit protection
- Indexed-account enhancements: Offer increased cap rates, significantly improving potential income. Provide access to a volatility-controlled index with the Barclays Global MA Classic Account, a new addition to our robust lineup
- New! Index loans: Add flexibility to help clients meet their changing needs
- Extensive living-benefit solutions: Allow clients to customize their coverage with extra protection
- The John Hancock Vitality Program: Can reward your clients for the everyday things they do to live a longer, healthier, better life
State approvals
Accumulation VUL 25 is approved in all states except CA, FL, GU & NY.
Transition rules
April 11, 2025
- If seeking an informal offer — the John Hancock home office must receive an Accumulation VUL 21 illustration signed by the insured and owner, and a tentative underwriting decision must be obtained by this date.
- If seeking a formal offer — the John Hancock home office must receive an Accumulation VUL 21 application signed by the insured and owner by this date. An illustration on the case is also required.
- For a term conversion — the John Hancock home office must receive a term-conversion application signed by the insured and owner by this date
May 23, 2025 deadline
By this date, John Hancock must have provided a final underwriting offer, received all administrative requirements to issue the policy and received confirmation to proceed with the 1035 Exchange (if applicable).