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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
April 11, 2005 at 08:00 PM
NU Online News Service, April 11, 2005, 4:46 p.m. EDT
John Hancock Life Insurance Company has launched a universal life insurance product that lets policyholders cut premiums by extending payments.[@@]
The Boston insurer, a unit of Manulife Financial Corp., Toronto, says the new Protection UL-G policy carries a no-lapse guaranty and uses the 2001 Commissioners Standard Ordinary mortality table.
Using the 2001 CSO table has helped Hancock reduce the size of premium payments by extending the premium-paying period over periods ranging from 15 years to as late as age 121, Hancock says.
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