John Hancock Offers Life Insurance To Those With HIV

BOSTON, April 22, 2016 /PRNewswire/ -- John Hancock Insurance, in keeping with its progressive approach and commitment to its customers, now is offering term and permanent life insurance coverage to applicants living with human immunodeficiency virus (HIV) if they meet certain criteria.

This offering includes applicants ages 30 to 65 for face amounts up to $2,000,000 subject to a favorable and stable clinical course, strict adherence and response to antiretroviral therapy (ART), and the absence of significant immunosuppression or co-morbid conditions.

"Whether offering innovative life insurance products like Vitality, which rewards customers for taking steps to live healthy, or improving the life insurance customer experience through LifeTrack, a policy management solution that helps ensure life insurance policies stay on track to meet their owners' intended insurance goals, John Hancock is constantly looking to positively evolve the life insurance experience," said Michael Doughty, president, John Hancock Insurance. "In this case, advancements in treatment have made it possible for us to make this important financial product available to even more people."

John Hancock's announcement is being made in conjunction with a similar announcement made by its parent, Canada-based global financial services company, Manulife. Manulife is the first insurer in Canada to offer life insurance to people living with HIV.

About John Hancock and Manulife
John Hancock Financial is part of Manulife Financial Corporation, a leading international financial services group with principal operations in Asia, Canada and the United States. Operating as Manulife in Canada and Asia, and primarily as John Hancock in the United States, our group of companies offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners.  Assets under management by Manulife and its subsidiaries were $935 billion (US $676 billion) as at December 31, 2015. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSA, and under '945' on the SEHK. Manulife can be found on the Internet at manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Follow John Hancock on Twitter @JohnHancockUSA or visit www.johnhancock.com.

Insurance policies and/or associated riders and features may not be available in all states.  Vitality is the provider of the John Hancock Vitality Program in connection with policies issued by John Hancock. Insurance products are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02117 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.

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SOURCE John Hancock Financial