UL Crediting Rates Increase Again, Effective 09/01/22
We are pleased to announce that John Hancock is increasing the crediting rate on all our Protection UL and Protection SUL policies — both new and existing — for the second time this year.
Once again, our unique, alternative long duration asset (ALDA) investment strategy within our General Account, combined with our strong product design, enables us to share value with our customers.
Effective September 1, our crediting rate on Protection UL and Protection SUL policies will increase by another 20 basis points — resulting in a 50-basis-point increase within a six-month period:
- John Hancock USA: 4.65% to 4.85%
Thank you for the confidence you continue to place in John Hancock and our products. We believe this action reinforces the long-term strength of our UL portfolio and our commitment to treat our customers fairly and equitably.
Key tools and resources:
- Protection UL/SUL overview — see all the ways our leading UL products offer more value than GUL
- Delivering more than a guarantee — discover how our Protection UL portfolio delivers in cost, cash value and guarantees
- Understanding our investment strategy — get the lowdown on how our unique General Account investment strategy maximizes opportunities for Protection UL/SUL policyholders