John Hancock Financial Services of Boston said Monday that it has added a credit card payment option to its long-term-care insurance products.
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New policyholders will immediately be able to charge their monthly or quarterly long-term-care insurance premiums to MasterCard or Visa credit cards, the company said. The option applies to Hancock's Custom Care II and Essential Care II products.
John Hancock is a subsidiary of Manulife Financial Corp. of Toronto, which has $269 billion of assets under management.
