This September Surprise? Totally Expected from Your Global Wealthy Citizen Leader!

To our valued partners,

Great news is worth repeating, so I wanted to re-share a message I already delivered to our sales team last week: effective September 1, John Hancock has an automatic binding limit of $65 million for qualifying Global Wealthy Citizens (formally referred to as “foreign nationals”) up to age 70 living in A or B countries.¹

This enhancement underscores John Hancock’s commitment to underwriting high-net-worth (HNW) individuals, including Global Wealthy Citizens. Leverage our industry-leading retention and strong reinsurance partnerships to grow your sales in the lucrative large-case market — we have both the capacity and underwriting bench strength to help you every step of the way.

Thank you for your continued partnership; please reach out with any questions or additional information you may need.

Neal Halder

Vice President & Chief Underwriter

1. Applicable country code and maximum capacity is based on where the proposed insured resides for more than six months per year.