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Hancock To Offer Enhanced LTC Insurance

By Staff Writer

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NU Online News Service, Feb. 13, 2:00 p.m. – John Hancock Financial Services, Inc. Boston, today announced it has signed an agreement with LifePlans Inc., a Boston-based provider of long term care risk management services, to enhance its Advantage List program, which provides discounts to Hancock policyholders at thousands of long-term care providers around the country.

Under the agreement, LifePlans will work to add new providers to the Advantage List and negotiate deeper discounts with existing providers, Hancock says.

LifePlans’ initial recruiting efforts are expected to increase the Advantage List by as much as 40%, with additional future growth expected, Hancock adds.

In addition, LifePlans will provide expanded customer service by establishing a toll-free phone number to assist Hancock policyholders in using the Advantage List benefit, Hancock says.