Hancock Wins NEA LTC Account

June 23, 2008 at 11:50 AM
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John Hancock Life Insurance Company will be marketing individual long term care insurance policies through the National Education Association.

A financial services marketing arm of the NEA, Washington, will be making the voluntary, member-paid association program available to the NEA's 3.2 million members.

Hancock, Boston, a unit of Manulife Financial Corp., Toronto, will be opening the program to retired NEA members and to the relatives of active and retired NEA members as well as to NEA members who are still working as teachers, according to LTC Financial Partners L.L.C., Kirkland, Wash.

LTC Financial Partners, an LTC insurance marketing organization, set up the NEA LTC program, and it will be responsible for NEA LTC education and assistance efforts, the firm says.

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