John Hancock Life Insurance Announces Distribution Relationship With Edward Jones - Insurance News | InsuranceNewsNet

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November 30, 2009
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John Hancock Life Insurance Announces Distribution Relationship With Edward Jones

BOSTON, Dec. 1 /PRNewswire-FirstCall/ -- John Hancock Life Insurance today announced a distribution relationship with the financial services firm, Edward Jones. Under the agreement, Edward Jones' financial advisors will have access to John Hancock's broad range of competitive life insurance products, innovative underwriting and the expertise of its Advanced Markets unit. Available products include John Hancock's Protection UL-G, Protection VUL, Protection SUL-G, Performance UL, Accumulation VUL, Accumulation SVUL, Protection Whole Life, and Term. "This relationship will provide Edward Jones clients with industry-leading life insurance products and services to help meet their estate, business and retirement planning needs," said Steve Finch, President, John Hancock Life Insurance. "Edward Jones and John Hancock share a commitment to providing outstanding value and service to clients. We look forward to a long-term and mutually beneficial relationship.""Obtaining adequate insurance is often an overlooked step in planning for the future," said Merry Mosbacher, an Edward Jones principal responsible for Insurance Marketing. "Insurance is an essential need that must be addressed in order for many clients to achieve their long-term financial goals. The addition of John Hancock's life insurance products complement the annuity, long-term care, and retirement plan solutions our financial advisors are already offering clients through John Hancock."About Edward Jones Edward Jones provides financial services for individual investors in the United States and, through its affiliate, in Canada. Every aspect of the firm's business, from the types of investment options offered to the location of branch offices, is designed to cater to individual investors in the communities in which they live and work. The firm's 12,000-plus financial advisors work directly with more than 8 million clients to understand their personal goals--from college savings to retirement--and create long-term investment solutions that emphasize a well-balanced portfolio and a buy-and-hold strategy. Edward Jones embraces the importance of building long-term, face-to-face relationships with clients, helping them to understand and make sense of the investment options available today. Edward Jones, which ranked No. 2 on FORTUNE magazine's "100 Best Companies to Work For 2009," is headquartered in St. Louis. The Edward Jones interactive Web site is located at www.edwardjones.com, and its recruiting Web site is www.careers.edwardjones.com. Member SIPC.About John Hancock Financial and Manulife Financial CorporationJohn Hancock Financial is a unit of Manulife Financial Corporation (the Company), a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$436.5 billion (US$407.1 billion) as at September 30, 2009. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at www.johnhancock.com. Insurance policies and/or associated riders and features may not be available in all states.Edward Jones has no financial responsibility for the products of John Hancock Life Insurance Company (U.S.A.) or John Hancock Life Insurance Company of New York.Insurance products issued by John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595 and securities issued by John Hancock Distributors, LLC through other broker/dealers that have a selling agreement with John Hancock Distributors LLC, 197 Clarendon Street, Boston, MA 02116.MLINY11170911827SOURCE John Hancock Life Insurance

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