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John Hancock Announces Enhancements to Group Long-Term Care (LTC) Insurance Products and Discount Program
Date:6/17/2009

  • More limited pay premium options for those interested in paid-up coverage
  • Care advisory services for non-insured family members

    • "One of the features that we take particular pride in is the Care Advisory Service feature which gives family members of employees access to quality assessment reports for local providers, as well as provider discounts. We believe that it addresses the needs of employees who may have caregiving responsibilities long before they need care themselves," said Harrison.

    Enhancements to Sponsored Group Discount Program

    John Hancock's popular Sponsored Group Discount Program has long helped financial advisors make inroads into association and small-employer group markets with the offer of a 5 percent discount on premiums and an expansive turnkey marketing program. To support expanded sales in this market, John Hancock is now offering a new lower participation requirement that calls for a three-life minimum within 90 days.

    John Hancock has also developed a new suite of program marketing collateral that educates employees/members on the value of LTC insurance. Many of these pieces can be customized with the employer's or association's logo to help recipients identify with the offering.

    "We believe that employers of all sizes play an important role in addressing the long-term care dilemma we're currently facing when they add LTC insurance to their benefits offerings. And at John Hancock we want to continue to be known for delivering high-quality, customer-oriented products and services that meet a wide range of needs in the employer and association markets," said Harrison.

    Exclusive marketing arrangements are also available on a case-by-case basis.

    About John Hancock Long-Term Care Insurance

    John Hancock is one of the largest providers of LTC i
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    SOURCE John Hancock Long-Term Care Insurance
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