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Effective December 2, 2016, John Hancock is discontinuing the sale of their individual Long Term Care insurance products.

After careful analysis of their long term care insurance (LTCi) business and the macro-economic trends facing the LTC industry, John Hancock has made the difficult decision to discontinue sales of their LTCi product effective Friday, December 2, 2016. Please note, the decision to discontinue new sales does not impact inforce John Hancock LTC insurance business.

Important Dates:

Friday, December 2, 2016

  • Last valid day to submit 'in good order' applications to John Hancock's home office.

Friday, December 16, 2016

  • Last day to complete paramedical exams.

Friday, February 10, 2016

  • Last day for policies to be issued and paid for.

Click here for the complete announcement from John Hancock.

Questions? Call McGill Brokerage today! 800.279.0751

FOR INSURANCE PROFESSIONAL USE ONLY - not intended for use in solicitation of sales to the public. Products offered through Tellus are not approved for use in all states and may not be available to all producers. This is prepared for general information and education. No attempt is made to offer tax or legal advice nor to set forth solutions for individual problems.
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