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Hancock Reviewing Impact Of Tragedy

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NU Online News Service, Sept. 14, 3:15 p.m. – John Hancock Financial Services Inc., Boston, did not have an office in the Manhattan World Trade Center complex, spokesman Roy Anderson says.

Anderson said the company was unsure what effects the company will feel as a result of Tuesday’s attacks on four U.S. passenger jets, the Pentagon and the trade center.

Hancock writes life policies, group life policies, long-term care policies, health policies, annuities and mutual funds.

It’s not clear at this point whether the employees who worked in offices at the former trade center held policies Hancock administers, Anderson says.

“If any, we’d have very limited exposure,” he says.

Hancock also offers key person insurance, meant to offset financial losses incurred when a company’s top officials are lost.

Because there is not yet a confirmed list of fatalities, Anderson does not know whether Hancock will be affected by that coverage.

People wishing to file claims can call Hancock’s main number: 617-572-6100.


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