John Hancock Increases Retention Limits On Permanent Life Insurance Products

Jun 30, 2010 (Datamonitor via COMTEX) -- John Hancock Life Insurance has announced that it has increased the retention limits on its permanent life insurance products.

The retention limit for individual life insurance products will be increased to $30 million and the limit for survivorship life insurance products will be increased to $35 million.

Steve Finch, president of John Hancock Life Insurance, said: "This increase in retention limits demonstrates John Hancock's ongoing commitment to meeting the objectives of the high-net-worth market, and the company's focus on continually positioning ourselves to better serve the needs of our clients."

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