John Hancock Insurance Launches Product For Underserved Segment of Indexed UL Market

John Hancock Insurance Launches Product For Underserved Segment of Indexed UL

- Protection IUL Often Provides Lowest-Cost Indexed Universal Life Premiums In

- Expands Choices For Consumers And Producers

PR Newswire

BOSTON, Feb. 13, 2013

BOSTON, Feb. 13, 2013 /PRNewswire/ --John Hancock Insurance has launched
Protection Indexed UL (IUL), which is designed to provide some of the most
affordable indexed universal life premiums in the industry.

"While most Indexed UL products focus on cash value accumulation, John
Hancock's new Protection IUL takes a different approach," said Michael
Doughty, President and General Manager, John Hancock Insurance. "It combines
the upside potential of Indexed UL with the benefit of some of the lowest
premiums in the industry. The addition of Protection IUL provides more sales
opportunities for advisors and more IUL choices for consumers."

Similar to its companion product, Accumulation IUL, Protection IUL offers
highly competitive allocation options across the risk-reward spectrum. Whether
clients are focused on accumulating cash values or more concerned about
low-cost death benefit protection, John Hancock now has an Indexed UL product
to meet their needs.

"John Hancock's newly expanded Indexed UL portfolio further demonstrates our
commitment to delivering distinctive products that provide real value to the
customer," said Mr. Doughty.

About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation, a leading
Canada-based financial services group with principal operations in Asia,
Canada and the United States. Operating as Manulife Financial in Canada and in
most of Asia, and primarily as John Hancock in the United States, Manulife
Financial Corporation offers clients a diverse range of financial protection
products and wealth management services through its extensive network of
employees, agents and distribution partners. Funds under management by
Manulife Financial and its subsidiaries were C$532 billion (US$535 billion) as
at December 31, 2012. Manulife Financial Corporation trades as 'MFC' on the
TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be
found on the Internet at

The John Hancock unit, through its insurance companies, comprises one of the
largest life insurers in the United States. John Hancock offers a broad range
of financial products and services, including life insurance, annuities, fixed
products, mutual funds, 401(k) plans, long-term care insurance, college
savings, and other forms of business insurance. Additional information about
John Hancock may be found at, and on Facebook, Twitter,
Linkedin and YouTube.

Insurance policies and/or associated riders and features may not be available
in all states.

Guaranteed product features are dependent upon minimum premium requirements
and the claims-paying ability of the issuer.

Insurance products are issued by John Hancock Life Insurance Company (U.S.A.),
Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance
Company of New York, Valhalla, NY 10595.

Policy Form Series:


SOURCE John Hancock Financial

Contact: Brian Carmichael, +1-617-663-4748,
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