John Hancock – SmartProtect Term with Vitality Update


As many of you may know, John Hancock’s Term portfolio is one of the fastest growing term franchises in the industry, with our popular John Hancock Term and John Hancock Term with Vitality products performing well in the market. We are committed to remaining an industry leader in this space by continuing to deliver highly competitive products that offer additional value to you and your clients.

Since it’s also now easier than ever to apply for John Hancock Term and John Hancock Term with Vitality with our new eTicket submission process, we will be streamlining our Term life portfolio around our John Hancock Term products and discontinuing SmartProtect Term with Vitality in the brokerage market, effective February 9, 2018. SmartProtect Term with Vitality will continue to be available in select niche affinity markets.

Important Dates:

* Starting February 9, 2018, the application and supplemental forms for SmartProtect Term with Vitality will no longer be available.
* Applications for SmartProtect Term with Vitality must be submitted by February 15, 2018 and policies must be issued by February 28, 2018.
 
Posted in Bulletins.