John Hancock Life Insurance Company has introduced a family of long term care insurance policies aimed at California consumers.

The new Custom Care II California and Custom Care II California Partnership policies both include features such as an optional zero-day elimination period ride and a built-in return-of-premium feature that will pay the beneficiary a benefit equal to total premiums paid less any benefits paid if the policyholder dies before age 65, according to Hancock, Boston, a unit of Manulife Financial Corp., Toronto.

Policyholders can pay for the policies with credit cards.

The partnership version gives holders who need California Medicaid nursing home benefits because they exhaust private LTC benefits the ability to exclude some assets from Medicaid eligibility calculations.