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Hancock Offers New UL Policy With Guarantees

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John Hancock Life Insurance Company has introduced a new universal life product, Protection UL-G, which offers death benefit guarantees for as long as the insured’s lifetime.

The new product offers lifetime guarantees and reasonably priced premiums, according to Steve Finch, president, John Hancock Life.

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The product also offers a cash value rider and another option that allows clients to accelerate their death benefit to pay for long term care expenses.