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John Hancock NewsLink-Rate Increase Information

Posted by LTCI Partners | Apr 28, 2020 12:08:55 PM
 

 

 

Product News

Next round of in-force rate action notifications to begin in late May. Click below for details.

 

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In late May, 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 September 1, 2020.

John Hancock LTCI individual policies originally issued in Missouri are impacted. We will continue the implementation of the 2016 rate increase for John Hancock LTCI individual policyholders in New Jersey, North Dakota and Oklahoma who received an initial “capped” or “phased-in” increase. Fortis LTCI individual policies originally issued in Arkansas, Georgia, North Dakota and Oklahoma are impacted.

The implementation of the 2013 rate increase will continue for John Hancock LTCI individual policyholders in Massachusetts and for Fortis LTCI individual policyholders in Massachusetts and Missouri who received an initial “phased-in” increase.

 

 

 

  

 

 

 

 

 

 

 

 

 

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Topics: John Hancock

Written by LTCI Partners

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