John Hancock - New Accelerated Death Benefit rider…

We are excited to add an Accelerated Death Benefit for Chronic Illness rider to John Hancock's suite of living benefits. This rider can help provide clients early access to their policy’s death benefit if they become chronically ill. Since it does not have a monthly charge, it can be a nice addition for clients focused on cash value accumulation, where LTC planning may not be a top priority.

• Offers early access to a policy’s death benefit should the Insured become chronically ill.

• Rider is elected at policy issue, no additional underwriting required, available for applicants ages 18-85, with a life rating up to 200% or $5 flat-extra.

• Upon qualification, and satisfaction of a 90 calendar-day elimination period, client may request accelerated benefit payment to a maximum of 75% of death benefit or $1M (limited to the annualized IRS per diem limit).

• Payment may be requested once every 12 months.

• No monthly charge for this rider - charges to be assessed at the time of claim and deducted from accelerated benefit payment.