John Hancock Expands Protection Portfolio to Address Evolving Long-Term Planning Needs
John Hancock has expanded its protection portfolio with enhancements to both its indexed universal life solution (Protection IUL 26) and term life insurance offerings. These updates aim to provide financial professionals with more tools to address clients' evolving long-term planning needs, particularly as Americans live longer and require greater flexibility in their strategies. The company's updated products align with John Hancock’s broader strategy of driving growth in the U.S. insurance market while promoting customer health and wealth. According to its 2025 Longevity Preparedness Index developed with MIT AgeLab, U.S. adults scored an average of 60 out of 100 on preparedness for longer lives, underscoring a growing need for comprehensive planning solutions. Eligible customers will also gain access to John Hancock’s Vitality program, which offers tools and rewards designed to support healthier lifestyles while providing financial protection. The enhancements are intended to help clients transition from temporary to permanent insurance as their needs evolve over time.
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Topics: insurance portfolio enhancement life insurance longevity planning