BSMG Blog: Protecting the Future of Families and Businesses

John Hancock announces New Protection IUL – Increased Pricing

Posted by BSMG on

Effective March 4th, 2022 John Hancock Protection IUL (2021) contract will be replaced with Protection IUL (2022).  Based on our initial testing, the pricing is increasing with most designs and ages. 

For the old product, formal applications must be signed, dated, and received in Prudential’s home office by March 4th, 2022. The updated illustrations can be run by your internal sales specialist.

Click Here to read the full transition rules and additional product updates.

If you have any questions about these changes, please reach out to your BSMG Sales Team

Topics: Life Insurance, Fiduciary, Insurance Industry News