Introducing John Hancock’s New Protection IUL
There’s never been a better time to offer John Hancock’s Protection IUL, still a market leader for low-cost premium solves across all funding patterns, and now with compelling enhancements, including:
- Improved no-lapse guarantee durations — these improvements, combined with enhancements made to the guarantees last year, result in some of the product’s longest guarantees ever — with no impact to premium or policy values
- Increased participation rates on Barclays Global MA Indexed Accounts — providing the potential for improved policy performance
If you liked Protection IUL before, now you — and your clients — are going to love what you see.
Key resources
State approvals
Protection IUL 22R is approved in all states except New York.
Transition rules
Since there are no pricing changes from Protection IUL 22, Protection IUL 22R will automatically replace Protection IUL 22 in all approved jurisdictions on February 27, 2023, but an updated illustration will be required.