John Hancock logo
  • Contact us
  • Contact us
  • Register
    Sign in
    • Home

    • Products & solutions

      Products & solutions

      View all
      • Indexed universal life
        1. Accumulation IUL
        2. Protection IUL
        3. Protection SIUL
      • Universal life
        1. Protection UL
        2. Protection SUL
      • Variable universal life
        1. Accumulation VUL
        2. Protection VUL
        3. Accumulation SVUL
      • Term life
        1. Protection term
        2. Vitality term
        3. One-year term
      • Solutions & riders
        1. Vitality program
        2. Aspire
        3. Critical illness benefit rider
        4. Long-term care rider
    • Advanced markets

      Advanced markets

      View all
      • Business planning
      • Estate planning
      • Financing premiums
      • Fundamentals of insurance
        1. Taxes
        2. Needs analysis
        3. Invest in your life
      • Key resources
        1. Advanced markets blog
        2. Because you asked
        3. Central intelligence
        4. Tools & calculators
        5. Planning in action
      • Living benefits
      • Wealth transfer planning
    • New business

      New business

      Overview
      • Underwriting
      • Run an illustration
      • Pending cases
      • Licensing & compensation forms
      • Producer appointment & terms
        1. Appointment status
        2. Producer terms & conditions
      • Guidelines
        1. Application & submission guidelines/tips
        2. Replacement & NY regulation
        3. Term conversion guidelines
        4. State of issue guidelines
        5. Know your customer guidelines
    • Inforce policies

      Inforce policies

      Overview
      • Vitality registration & engagement report
      • Long-Term Care resources
        1. eDocuments
        2. Tools
      • Initiate a claim
        1. Death claim
        2. Accelerated benefit claim
        3. Disability claim
        4. Claim FAQ
      • Self-service tools
    • Resource center

      Resource center

      View all
      • Fund information
      • Media library
      • Tools & calculators
        1. Advanced markets tools & calculators
        2. Technology-based service tools
      • Education & training
        1. IUL Academy
        2. LTC training
        3. Anti-money laundering training
        4. Benefit better
      • Communications
      • Forms
      • Sales & advertising material compliance
    • Home
    • Products & solutions
      • View all
      • Indexed universal life
        1. Accumulation IUL
        2. Protection IUL
        3. Protection SIUL
      • Universal life
        1. Protection UL
        2. Protection SUL
      • Variable universal life
        1. Accumulation VUL
        2. Protection VUL
        3. Accumulation SVUL
      • Term life
        1. Protection term
        2. Vitality term
        3. One-year term
      • Solutions & riders
        1. Vitality program
        2. Aspire
        3. Critical illness benefit rider
        4. Long-term care rider
    • Advanced markets
      • View all
      • Business planning
      • Estate planning
      • Financing premiums
      • Fundamentals of insurance
        1. Taxes
        2. Needs analysis
        3. Invest in your life
      • Key resources
        1. Advanced markets blog
        2. Because you asked
        3. Central intelligence
        4. Tools & calculators
        5. Planning in action
      • Living benefits
      • Wealth transfer planning
    • New business
      • Overview
      • Underwriting
      • Run an illustration
      • Pending cases
      • Licensing & compensation forms
      • Producer appointment & terms
        1. Appointment status
        2. Producer terms & conditions
      • Guidelines
        1. Application & submission guidelines/tips
        2. Replacement & NY regulation
        3. Term conversion guidelines
        4. State of issue guidelines
        5. Know your customer guidelines
    • Inforce policies
      • Overview
      • Vitality registration & engagement report
      • Long-Term Care resources
        1. eDocuments
        2. Tools
      • Initiate a claim
        1. Death claim
        2. Accelerated benefit claim
        3. Disability claim
        4. Claim FAQ
      • Self-service tools
    • Resource center
      • View all
      • Fund information
      • Media library
      • Tools & calculators
        1. Advanced markets tools & calculators
        2. Technology-based service tools
      • Education & training
        1. IUL Academy
        2. LTC training
        3. Anti-money laundering training
        4. Benefit better
      • Communications
      • Forms
      • Sales & advertising material compliance
    ON TARGET

    Life changes — are your clients’ life insurance policies keeping up?

    Are your clients taking a “file and forget” approach to their life insurance policy? You can help them by scheduling regular policy reviews, an essential step to ensuring that their coverage is keeping up with their needs and expectations — even when they haven’t experienced one of the major life events that frequently prompt a review, such as getting married, having children, planning to retire, etc.

    To guide this process, take advantage of John Hancock’s policy review kit. It’s designed to help you reach out to your clients and cover all factors that are essential to determining that the right coverage and policy are in place. Teaming up with John Hancock means working with a company that has the financial strength and stability to meet promises today — and in the future.

    Policy review overview

    Step 1: 
    Use this what to consider when reviewing existing inforce policies document as a refresher on what to look out for with policy review

    Step 2:
    Identify prospects and clients who you would like to reach out to. Here is a prospecting letter to help you make those connections

    Step 3: 
    Set up policy review appointments. The life insurance policy review checklist is a helpful way to organize and document what you discuss with your clients. If a client has had major lifestyle changes, the needs analysis calculator can help identify any gap in life insurance need.

    Step 4:  
    Review the policy to ensure it continues to meet the client’s needs/goals.

    Conclusion

    It is a good practice to review life insurance policies often. The above resources are great starting point to enabling that discussion. Keep in mind, however, that in reality policy reviews are an art and not a science, and your discussion may uncover other considerations, including the need to update beneficiaries, and/or a replacement involving a 1035. Finally, for those clients who are business owners, trustees of trust or even those whose focus in on legacy planning, there may be other resources to consider than a typical policy review. Reach out to John Hancock for suggestions and look below for additional resources.

     

    For more information email us or contact us at 888-266-7498, option 3.

    More tools

    (PDF)

    BYA Beneficiary designations

     

    (PDF)

    BYA 1035 Exchange

    Flyer

     

    (PDF)

    BYA - What a Trustee Should Know

    Flyer

    Trusts should be drafted by an attorney familiar with such matters in order to take into account income and estate tax laws (including the generation-skipping tax). Failure to do so could result in adverse tax treatment of trust proceeds.

    This material does not constitute tax, legal, investment or accounting advice and is not intended for use by a taxpayer for the purposes of avoiding any IRS penalty. Comments on taxation are based on tax law current as of the time we produced the material.

    All information and materials provided by John Hancock are to support the marketing and sale of our products and services, and are not intended to be impartial advice or recommendations. John Hancock and its representatives will receive compensation from such sales or services. Anyone interested in these transactions or topics may want to seek advice based on his or her particular circumstances from independent advisors.

    MLINY061220144


    • About us
    • Help
    • Manulife
    • John Hancock
    • 401(k) Plans
    • Annuities
    • College Savings
    • John Hancock Financial Network
    • Investments
    • Stock Price
    • Privacy & Security
    • Legal


    This material is for Agent and Institutional / Broker – Dealer use only. Not for distribution or use with the public.

    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. Variable insurance products are offered through John Hancock Distributors LLC through other broker/dealers that have a selling agreement with John Hancock Distributors LLC, 197 Clarendon Street, Boston, MA 02116.

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

    © 2023 John Hancock Life Insurance Company (U.S.A.). All rights reserved.


    How to Attach a File

    1. Click ‘Attach Files’ button. The file upload page will open.
    2. Click 'Browse' to select the file, or type the path to the file in the box below (you can upload 5 files a time).
    3. Click 'Upload' to upload the files. Once the files have been uploaded successfully, a message will appear stating that your files have been uploaded
    4. Repeat step 2 - 3 to upload more files.
    5. Click the 'Close Window' once you complete the file upload.
    6. Verify that your upload files are listed under "List of Current Attachments" located above the Comments box.
    7. Click 'Submit' in the email page to complete sending your email and documents.

    Attachment Requirements

    You cannot attach the following file types:
    extension details
    *.exe Executable file (program)
    *.mps Windows Sharing File allows you to map a Windows network drive to your VPS home directory across the Internet
    *.vbs Script file (Microsoft Visual Basic)
    *.avi Microsoft Audio Video Interleaved file for Windows movie
    *.mpg MPEG Animation (movie file)
    *.mpeg MPEG Animation (movie file)
    *.bat Batch file
    *.com Command file (program)
    *.cmd Command file for Windows NT (similar to a DOS .BAT file), OS/2
    *.scr Screen saver file / Screen Snapshot file / Fax image (Generic) / Debug Source Code (DOS Debug)
    *.asf Microsoft Avanced Streaming Format (movie / music file)
    *.mp3 MPEG Audio Layer 3 (AC3) - compressed audio file
    *.eml (Outlook Express Mail Message) file type
    *.pif Program Information File / Compressed archive (Macintosh)
    *.scp Script file
    *.shs Shell scrap file; reportedly used to send "password stealers"
    *.swf Object (ShockWave Flash)

    You are not registered to use LAA/LTCS.

    Not a Producer