Live for today, plan for tomorrow
Raising a child means unconditional love…and big expenses. With the average cost of raising a child through age 17 at more than $233,0001, it’s important to have a financial plan to protect your family’s financial future should something happen to you or your spouse.
A life insurance policy can give a surviving parent or child much needed financial support, including paying off a mortgage or college tuition bill, covering child care costs (including long-term care for a child with disabilities), easing the estate tax burden and more.
What are your financial responsibilities?
Could your family live the same lifestyle without your income?
Do you own a home, or plan on purchasing one?
Do you or your spouse have outstanding debt?
Options for you
Term Life Insurance
Juggling a busy life? Term is a straightforward, lower cost option that provides the financial protection you need for a set period of time (10, 15, or 20 years). You can customize the amount of coverage and the duration of your policy to protect your growing family.
Permanent Life Insurance
Looking for a long-term solution? Permanent life insurance gives you protection for as long as you live, plus a cash value component that can give you financial resources to help with big moments, like sending a child to college. There are many types of permanent life insurance products.
Quick start
Get rewarded with the John Hancock Vitality Program
John Hancock Vitality life insurance gives you the financial protection you need while helping you live a longer, healthier life. You can save as much as 15% on your coverage and earn shopping and entertainment discounts for taking steps to live healthy, like exercising, getting regular check-ups and eating well. You can even earn an Apple Watch for $25 through regular exercise.
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John Hancock Life and Long-term care insurance products are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02210 (not licensed in New York); and in New York by John Hancock Life Insurance Company of New York, Valhalla, NY 10595 (Life insurance) and John Hancock Life & Health Insurance Company, Boston, MA 02117 (Long-term care insurance).
The John Hancock Vitality Program is available with select John Hancock policies. Please consult your financial representative as to product availability, additional information, costs, and complete details on coverage. Product availability, features, benefits and costs may vary by state. The life insurance policy describes coverage under the policy, exclusions and limitations, what you must do to keep your policy inforce, and what would cause your policy to be discontinued.
Vitality is the provider of the John Hancock Vitality Program in connection with life insurance policies issued by John Hancock.
Premium savings are in comparison to the same John Hancock policy without the Vitality program. Premium savings over the life of the policy will vary based upon policy type, the terms of the policy, and the level of participation in the John Hancock Vitality program.
Vitality Rewards may vary based on the type of insurance policy purchased for the insured (Vitality Program Member) and the state where the insurance policy was issued. John Hancock Vitality Program rewards and discounts are only available to the person insured under the eligible life insurance policy. Rewards and discounts are subject to change and are not guaranteed to remain the same for the life of the policy.
REI is not affiliated with the John Hancock Vitality Program. REI does not sponsor, endorse or have any responsibility for this promotion.
Amazon Prime Membership available to Vitality PLUS members who have reached Platinum Status for three consecutive program years.
For Amazon.com Gift Cards, restrictions apply, see Amazon.com/GC-legal.
The HealthyMind (Headspace) and Hotels.com benefits are not available in New York.
In New York, entertainment, shopping, and travel rewards are not available and are replaced by healthy living and active lifestyle rewards.
Accessing a policy’s potential cash value via loans and withdrawals will reduce the death benefit and the cash surrender value, and may cause the policy to lapse. Lapse or surrender of a policy with a loan may cause the recognition of taxable income. Withdrawals in excess of the cost basis (premiums paid) will be subject to tax and certain withdrawals within the first 15 years may be subject to recapture tax. Additionally, policies classified as modified endowment contracts may be subject to tax when a loan or withdrawal is made. A federal tax penalty of 10% may also apply if the loan or withdrawal is taken prior to age 59 1/2.
Apple Watch program is not available in New York. You can order Apple Watch Series 3 (GPS) or Series 4 (GPS) by electronically signing, at checkout, a Retail Installment Agreement with the Vitality Group, for the retail price of the watch. After an initial payment of $25 plus tax, over the next two years, monthly out of pocket payments are based on the number of workouts completed. Upgrade fees apply if you choose (GPS + Cellular) versions of Apple Watch Series 3 or Series 4, larger watch case sizes, certain bands and case materials. Apple is not a participant in or sponsor of this promotion. Apple Watch is a registered trademark of Apple Inc. All rights reserved.
HealthyFood savings are based on qualifying purchases and may vary based on the terms of the John Hancock Vitality program.
© 2018 John Hancock Life Insurance Company (USA).
