John Hancock Life Insurance Review

John Hancock Life Insurance is an insurance carrier based in Boston, MA. The company was founded in 1862 and offers life insurance in 46 states (and Washington, DC). Life insurance is important for anyone who has loved who depend on them financially. It can also help with final expenses and burial costs.

What types of life insurance coverage does John Hancock Life Insurance offer?

Insurance carries typically offer a wide variety of policies. One of the best ways to save money on life insurance is to avoid unnecessary coverage. Only purchase policies and riders you actually need.

Here is a brief description of the coverage John Hancock Life Insurance offers.

• Term Life Insurance - This is the simplest type of life insurance. It is payable if the insured person dies within a specific period of time, such as 5, 10, or 30 years.
• Universal Life Insurance - This type of policy guarantees a fixed death benefit and an investment account. The cash value of the investment account will vary depending on the portfolio's performance.
• Variable Universal Life Insurance - Provides the most flexibility when it comes to investing the cash value of a universal life policy in separate accounts with "variable" values.
• Indexed Universal Life Insurance - This type of universal life insurance allows policyholders to place the cash value of the policy in a fixed account or an equity index account, such as the S&P 500 or the Nasdaq 100.

How can you save money on a John Hancock Life Insurance life insurance policy?

When you ask for a quote with John Hancock Life Insurance, ask what policy discounts are available.

What is the financial strength rating of John Hancock Life Insurance?

Each agency has its own standards and rating scale and a company's rating can change any day. It's a good idea to check the financial rating of an insurance company before you purchase a policy.

There are five main rating agencies. SuperMoney's financial strength rating is based, among other factors, on the average score from available ratings.

John Hancock Life Insurance scores an A+, SuperMoney's highest available rating.