With operations in 22 countries and territories throughout the world, John Hancock is one of the most recognized life insurers in the U.S. John Hancock Mutual Life Insurance Company was founded in 1862 by four motivated businessmen. In 1879, the company became the first to offer industrial life insurance. It reached a billion dollars' of sales in policy in 1918. As an advocate of good health, the company began sponsoring the Boston Marathon in 1985. John Hancock started trading publicly in 2000 through the New York Stock Exchange and merged with Manulife Financial Corporation, a Canadian life insurance company in 2004.
John Hancock has its headquarters in Boston. With more than 4,000 employees in Boston and 24,000 throughout the world, John Hancock offers life insurance, long-term care and financial services to customers across the globe, including:
- Life insurance.
- Long-term care.
- Mutual funds.
- College savings.
- 401(k) plans.
- Fixed products.
Life insuranceJohn Hancock provides term, variable, whole and universal life insurance. Through an extensive product list, they offer guaranteed death benefit protection and other customized life insurance products. Its term life insurance provides guaranteed premiums for 10, 15 and 20 years. Universal life insurance is a permanent product with a selection of customizable options. John Hancock offers competitive prices and flexible underwriting.
Long-term careLong-term care from John Hancock is an insurance product that offers protection against any and all long-term care needs. Financial support is provided no matter where care is received. This includes the home or hospital. Long-term care insurance can be customized according to coverage needs, benefit amounts, elimination periods and benefit periods. Inflation protection is also offered.
Retirement planningJohn Hancock offers different options for retirement planning including 401(k) plans and annuities. Retirement plans are tailored to the customer's needs. Retirement 401(k) plans from John Hancock come with guaranteed income for life and a flexible plan design. The company also offers variable and fixed annuities. Variable annuities come with investment management, retirement withdrawal planning and other options. Guaranteed Minimum Withdrawal Benefits are an option through both types of annuities.
College savingsBoth 529 savings and mutual funds are offered through John Hancock for college savings. The 529 college saving plans comes with four different investment strategies and 22 options for investment. Coverdell savings, UGMA and UTMA savings are available along with other savings options. Mutual funds provide a savings solution with the convenience of liquidity. John Hancock has more than 50 funds with fixed income, equity and international options. Mutual funds are managed by multiple team members to ensure stability and financial success.
The corporate headquarters of John Hancock are located at:
601 Congress Street
Boston, MA 02116
For more information on John Hancock, call (800)387-2747.
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