at a glance
- NerdWallet ranking: No. 10 life insurance company.
- Discounts and rewards offered for healthy habits.
- Offers coverage for people living with HIV who meet certain criteria.
Overview
John Hancock is the U.S. division of Manulife Financial Corp., a global, publicly traded financial services company based in Canada.
» MORE: The best life insurance companies
Find out more about each element that goes into our review of John Hancock by clicking below.
More about john hancock
| Types of life insurance sold | Other products & services |
|---|---|
john hancock life insurance options
Term life: Terms of 10, 15 and 20 years are available, and many policies can be converted to permanent coverage. You can get an estimated quote on the website if you provide contact information.
Permanent life: The company offers universal, indexed universal and variable universal life insurance. It also offers guaranteed-acceptance whole life of up to $20,000 for funeral and other final expenses.
Discounts and rewards program: John Hancock’s Vitality program is available on all life insurance policies. The basic “Vitality Go” program is free with a policy. It gives access to fitness and nutrition information through an app and website and rewards healthy activities with discounts to Amazon.com and REI, the outdoor recreation retailer. The Vitality Plus program is $2 a month and features up to 15% discounts on annual life insurance premiums for activities such as exercising and getting regular checkups. The program offers a free Fitbit device for tracking exercise, or the opportunity to earn an Apple Watch for $25 plus tax. Users can also earn discounts on hotels, food and other items.
Coverage for people living with HIV: John Hancock offers term and permanent coverage of up to $2 million to applicants ages 30 to 65 who meet certain criteria, such as following and responding to antiretroviral therapy.
