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John Hancock LTC Update

Posted by LTCI Partners | Oct 30, 2018 10:16:59 AM
John Hancock LTC Newslink

 

October 26, 2018

 

PRODUCT NEWS

   

Next round of in-force rate action notifications to take place in late November


In late November, we will begin policyholder notifications on the next round of John Hancock and Fortis policies impacted by the in-force rate actions, which will have an effective date beginning with anniversaries on or after March 1, 2019.

The 2016 rate action notifications will include John Hancock LTCI individual policies originally issued in Arkansas, Iowa, Louisiana, Maine, Minnesota, New Jersey, New Mexico, New York, South Dakota, Tennessee, Utah and Wyoming. We will continue the implementation of the 2013 rate action for John Hancock LTCI individual policyholders in Maryland and for Fortis LTCI individual policyholders in Oregon who have received an initial “capped” or “phased-in” increase.

See complete details.
 
 


 
 


 

   
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For financial professional use only. Not for use with the public.
Long-term care insurance is underwritten 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 & Health Insurance Company, Boston, MA 02117.

 

 

 

Topics: John Hancock

Written by LTCI Partners

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