Wealth management

In Brief: John Hancock Reprices Accumulation Universal Life Policy

Published February 20, 2007, 2:00 a.m. EST

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Updated February 16, 2007, 2:41 p.m. EST

1 Min Read

John Hancock announced Friday it has repriced its Accumulation universal life policy.

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With its new pricing the policy, designed to meet the needs of high net worth individuals and business owners who are seeking death benefit protection and the potential to accumulate policy cash value, offers better cash value accumulation potential, attractive retirement income and high early surrender values.

Boston-based John Hancock is a wholly-owned subsidiary of Manulife Financial Corp., which is based in Toronto. Manulife had $341 billion of assets under management as of Sept. 30.

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Wealth management

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